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Cryptoland [video]

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Re: Cryptoland [video]

#201
post #62
post #49

Earlier quoted context omitted.

It's impressive how quickly the NFT space has abandoned any semblance of selling unique artwork, and converged on ten thousand variants of "randomly generated animal pictures" with half of them being monkeys because they're cargo-culting Bored Ape Yacht Club. Ironically in trying to create "digital scarcity" they've lowered the bar to entry so far that their "scarce" assets are buried under an endless avalanche of ne…

Is it impressive? I would've thought this is exactly what we expected. Actual artists are off making stuff they can sell, and 99.99% of them don't know what an NFT is. Meanwhile there's a whole community of teenagers on the internet who don't make anything but do know about NFTs. If you run the numbers on "artists who know/care about NFTs" vs "Idiots on the internet gullible enough to buy into anythin" I think 10,000…

> Actual artists are off making stuff they can sell, and 99.99% of them don't know what an NFT is.

In my experience, it's the opposite. If you're an artist with an internet connection, then you know about NFTs.

Art communities across the internet have been fractured by the topic this year. Some have banned the posting of NFTs[1], some have built software to alert members when their work has been stolen and turned into NFTs[2]. Artists who speak out against NFTs are frequently dogpiled by crypto enthusiasts claiming that they don't care about their fellow artists[3]. Even famous artists know what NFTs are[4], since they've all been approached at some point by a crypto investor who wants them to make NFTs. As an artist, it's difficult to escape the topic, and it's causing quite a bit of backlash.

1: https://www.reddit.com/r/PixelArt/comments/rrb8s8/rpixelart_...

2: https://www.deviantart.com/team/journal/DeviantArt-Protect-8...

3: https://twitter.com/simonstalenhag/status/136987854676887142...

4: https://www.theverge.com/2021/12/20/22846654/brian-eno-nft-c...

Re: Cryptoland [video]

#202
post #183

Earlier quoted context omitted.

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 was shocked to discover after looking more closely that most of the popular NFTs do not contain the image hash in the blockchain token data, nor do they even contain the URL to the image! They simply contain an integer (the token ID). The ERC721 interface only requires String GetTokenURL(int tokenId) be implemented!

Are there a limited number of NFTs, then? INT_MAX?

Re: Cryptoland [video]

#203
post #101

This is the best example of Poe's Law I've ever come across [1]. I honestly can't tell if this is brutal satire or someone's legit endgame. The more I watch the more inclined to think it's satire, but there's a lot of other things in this space I didn't think could be serious that are. 1: https://en.wikipedia.org/wiki/Poe%27s_law

Looks like an example of the emerging genre of post-truth-quasi-parody, where if goal A fails then it is represented as goal B.

Goal A is to dupe the most gullible of cryptozealots, trying to gain financially, goal B is to mock them, gaining exposure.

Win-kinda-win.

Re: Cryptoland [video]

#204
post #172

I think this is an elaborate art project. This is mainly based off of the 2 "founders" at the end talking about the project. When they go scout for locations and one of the founders starts caressing the top of a thatch hut and the immediate next shot is a piece of paper taped to a tree with the title "Mercle Tree", that's when it clicked that this was a parody. It's scary that it took me that long to realize.

Art project for sure, and based on the engagement so far I'd say they've succeeded. Here is some of their previous work: https://www.youtube.com/watch?v=XEtBHQu4DoM

A film with the aspect ratio of a piece of string. Interesting approach, I guess.

Re: Cryptoland [video]

#205
post #75

Earlier quoted context omitted.

You'd assume they'd be subject to the laws of whatever country that island is in. One thing you can be certain of is that no country is ceding any territory for them to form their own nation.

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

Actually surprised that a private island would only cost $12m.

Re: Cryptoland [video]

#206
post #101

This is the best example of Poe's Law I've ever come across [1]. I honestly can't tell if this is brutal satire or someone's legit endgame. The more I watch the more inclined to think it's satire, but there's a lot of other things in this space I didn't think could be serious that are. 1: https://en.wikipedia.org/wiki/Poe%27s_law

My opinion flipped 3 times when watching it.

It like magnetic truth pole, the needle just spins.

Re: Cryptoland [video]

#207
post #172

I think this is an elaborate art project. This is mainly based off of the 2 "founders" at the end talking about the project. When they go scout for locations and one of the founders starts caressing the top of a thatch hut and the immediate next shot is a piece of paper taped to a tree with the title "Mercle Tree", that's when it clicked that this was a parody. It's scary that it took me that long to realize.

I agree; I'll buy all 60 plots if it's real! I feel people are so overly keen on dunking on crypto at the moment, that they are blinded to agreeable satire. The proof that people claim makes it sincere isn't compelling.

Re: Cryptoland [video]

#208
post #183

Earlier quoted context omitted.

I was shocked to discover after looking more closely that most of the popular NFTs do not contain the image hash in the blockchain token data, nor do they even contain the URL to the image! They simply contain an integer (the token ID). The ERC721 interface only requires String GetTokenURL(int tokenId) be implemented!

Are there a limited number of NFTs, then? INT_MAX?

tokenId is a uint256, so there are at most 115792089237316195423570985008687907853269984665640564039457584007913129639935 NFTs per contract.

Re: Cryptoland [video]

#209

Earlier quoted context omitted.

Also the point of coinage is that it is fungible, NFTs are designed to be non-fungible (and even Bitcoin if you get down to the details). Sadly crypto-currencies still haven't really solved the currency use-case.

except most NFTs are just URLs right? And it would cost a significant amount of money to actually write say a video into the chain?

Yeah exactly! They are even less practical than my example. Its very confusing how they are worth so much to me
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