It's good that they started with the most important thing when they want to live on an island with no infrastructure and unclear jurisdiction.
A 3D animated video.
I think Taiwan and Hong Kong are looking at this with awe.
Cryptoland [video]
161–170 of 221 posts
Re: Cryptoland [video]
#162319 ETH per acre. ($1mil USD today) I'm struggling to find a way to constructively criticize. Project aside, the video is not at all professional to a western audience. (watch all of it, I dare you) It's stylistically tone-deaf for their target market, grift notwithstanding. Who decided that real estate investors need a cartoon? At least Fyre's promo content felt "cool."
I don't think I'd be so gentle. It is one of the most cringe-worthy things I've seen in quite some time. Makes the crypto space seem like it's entirely inhabited by morons and fools.
Wait, it's not a parody meant to mock the whole crypto/web3 space as a bunch of shameless pseudo-libertarian get-rich-quick hucksters?
Poe's law strikes again!
Re: Cryptoland [video]
#163Earlier quoted context omitted.
Isn’t that the exact promise of El Salvador’s Bitcoin City, except for the island part.
You can already move to crypto land. You can buy residency in El Salvador for 3 bitcoin. There's even a tropical beach there. What? You don't like poor people? Tough luck pal. Besides, in your tiny little crypto island who's going to make your bed, take out the trash, make your meals and clean the toilets? Robots? Places like Aspen, or other towns for the super rich usually have a nearby middle class town for all the…
Notice how most of the people in this video are white guys.
Most women are there to serve the guys.
That's how it is in crypto utopia.
Re: Cryptoland [video]
#164Earlier quoted context omitted.
It could be deliberate. An unprofessional pitch shrinks the buyer pool, but by repelling scam-savvy people it *concentrates* that pool with vulnerable people, increasing the conversion rate. This is useful if the scammers need to devote a lot of individualized attention on each target. HN had threads discussing this concept (in the context of 419 scams, I think); I don't remember how to find them. Those have enormous…
Never ascribe to malice, what may be explained by mere incompetence?
That's true. Though, given the situation, it'd be more "never ascribe to competent malice, what can be explained by malicious incompetence"...
Re: Cryptoland [video]
#165So like, where does the water come from? Where does the food come from? Who does the cooking, cleaning, and essential maintenance of infrastructure? Where would these essential workers live? What would they get paid? How do you resolve disputes of who owns what hardware keys? Where do you treat sewage and waste water? Like those are just my questions on first glance. Let's not even get into the fact that the video st…
The island (Nananu-i-Cake, pronounced roughly "nah-nah-nuh ee tha-keh") is less than 750 meters off the coast of Fiji's most populated island, Viti Levu, so piping in water, electricity etc and ferrying in workers is eminently achievable.
Of course, the fact that the video doesn't mention any of this, much less trivia like the location of the bloody island, is a strong clue about how seriously this project has been planned and how seriously we should be taking it.
Re: Cryptoland [video]
#166Earlier quoted context omitted.
The island they are eyeing is Nananu-i-cake in Fiji: https://www.privateislandsonline.com/south-pacific/fiji/nana... It's at least a real island that's really for sale, but Cryptolands renders present it as being freestanding in the ocean rather than right next to the mainland and another island as it is in reality
This is baffling, if it's still for sale, then the project has not really started, or is not at the promised stage.
Apparently they blocked the webpage showing that it's still for sale from being linked to in their Discord: https://twitter.com/molly0xFFF/status/1478789636868775939
Re: Cryptoland [video]
#167Earlier quoted context omitted.
The Bored Apes are selling entry to a community not art. At any rate, as far as I can see artists I enjoy in real life like Refik Anadol are benefiting from and creating interesting art around them. Most NFTs are of course crap (as per sturgeon's) or simply not about art in the first place but I just don't think that means as much as people with an axe to grind think it means.
What's the community and what happens when you enter it? What are the perks to buying into it?
> Lil Baby, the night’s headliner, finally took the stage at around 1AM. Most people had left by then. I was drinking my last vodka of the night and zoning out to “Life Goes On,” though, and a small group of attendees bounced near the front of the stage, and there was something inspirational about Lil Baby’s utter lack of concern with how small the audience had grown and how utterly dry the vibe in Brooklyn Steel was. He had none of Julian Casablancas’ cool kid embarrassment or Chris Rock’s self-consciousness. He was simply getting to the bag. “Brooklyn, if you’re making more money this year than last year, make some noise!” his hype man screamed to the crowd’s delight.
https://www.theverge.com/22824387/bored-ape-yacht-club-nft-p...
Re: Cryptoland [video]
#168I watched the whooooooooooooooooooole video I've not felt like this since 1999 when I did a party with co-workers at the T1 ISP I worked for at the time. The E-Trade monkey commercial came on and we laughed. We were already reviving large number of T1/T3/Sonet disconnect orders and it was obvious the end was coming soon. I don't know when crypto will pop. I don't think we've hit max stupid yet.
The stock-market valuations of the late 1990s were excessive, but the objectives of the actual companies were fairly reasonable. Trading... over the internet. Order your pet food... over the internet. Eventually many of these things actually happened, they just weren't done by the "first movers" who were represented in the stock market bubble. What's happening now, in the cryptocurrency milieu, is more deranged. It's…
What really got me to understand what an NFT is was a post in a gold / silver subredit. A poster asked the question "Where could I find someone who could make a physical NFT gold and silver coin". I really didn't understand what that meant so I asked. They answered that it was going to be a intricately designed coin that was a physical NFT.
This physical NFT was just a coin. Nothing special, no blockchain just a coin.
After this I realized that all these NFT's are completely worthless. You wouldn't buy a physical coin that some random guy (Talented artiest but still) for millions. Why would it be different if its digital?
I could be wrong and NFT's will somehow become the next massive institution but I don't think so.
Re: Cryptoland [video]
#169Wtf did i just watch. This has got to be someone trolling, right? If you didn't watch the whole thing, make sure to at least watch the animated section.
I don't know what's happening, people are paying tons of money for hashes of jpegs, honestly can't tell it's 50/50 from my pov.
I've wondered how much of that is really just laundering crypto?
Lets say you had a successful ransomware attack and got millions of dollars worth of BTC. How do you transfer that to a wallet you can use to cash out?
I've always figured thats why people will pay massive amounts of crypto for really stupid NFT things. Its sort of like an express lane for more traditional methods of money laundering. For example, you don't need the physical art piece to launder fine art. NFTs are way easier than doing it the old fashioned way.