51–60 of 398 posts
Since it is an auction, besides the winning bidder, there was at least another bidder, which makes two of them and is even more perplexing. It is not really the "Dune" book, but rather its storyboard, more details and a few photos here: https://www.france24.com/en/live-news/20211122-doomed-dune-s...
Sounds like a great way to launder money
I made the mistake of diving a bit deeper into the group who bought it and found a proposal where they are talking about literally burning the book they just bought after digitizing it for … reasons I guess [0] At this point I just hope its some sort of practical joke or whatever because this just seems a bit much. [0] https://forum.spicedao.xyz/t/nft-of-the-book-w-proof-of-jpeg...
Fuck me, they’re talking about using JPEG as an archival format before destroying the original. What is going on here.
It reminds me of the video game SOMA, where people upload a brain-scan of themselves to live on after some catastrophe, essentially making a digital copy of their consciousness. But because they are also still physically alive, they see the digital version of themselves as a clone, someone else. To "complete the transition", they decide they must end their lives at the exact moment the scan is complete.
It feels a bit weird to me to heavily mock and ridicule someone who thought they were doing something for public good.
didn't they initially intend to burn the book to make their NFT (or whatever kind of token) more valuable? If that's true, then they deserve to be ridiculed and more.
My favorite part of this story is that they DAO has actually raised ~$8m, spent $3m on the book (10x the expected auction price), then the "core team" has started paying themselves ~$30k a month[0]. Also, how is this "decentralised" when one person owns over 50% of the voting token? [0] https://snapshot.org/#/dunedao.eth/proposal/0x2038fc240d0e85...
It feels a bit weird to me to heavily mock and ridicule someone who thought they were doing something for public good.
I made the mistake of diving a bit deeper into the group who bought it and found a proposal where they are talking about literally burning the book they just bought after digitizing it for … reasons I guess [0] At this point I just hope its some sort of practical joke or whatever because this just seems a bit much. [0] https://forum.spicedao.xyz/t/nft-of-the-book-w-proof-of-jpeg...
What happens if you upload copyright protected data in cleartext on a blockchain without having the distribution rights?
I made the mistake of diving a bit deeper into the group who bought it and found a proposal where they are talking about literally burning the book they just bought after digitizing it for … reasons I guess [0] At this point I just hope its some sort of practical joke or whatever because this just seems a bit much. [0] https://forum.spicedao.xyz/t/nft-of-the-book-w-proof-of-jpeg...
Oddly enough - the process in a library for digitising a copy of a book can be fairly destructive, as far as I understood from those doing it (at CUDL). The spine is chopped off, to make it easier to put it into a machine for scanning all the pages.
The digital images can (should?) then be stored in a format that allows zooming, for example : https://cudl.lib.cam.ac.uk/view/MS-ADD-03967/1
It feels a bit weird to me to heavily mock and ridicule someone who thought they were doing something for public good.
How is buying a book, converting it into NFTs and then burning it a public good?
They bought a rare Dune storybook, created by an all-star team of artists (Jodorowsky, Moebius, HR Giger, ...). I think that storybook was used to pitch the concept art to Movie Producers and Studios. To make this easier to understand, substitute "Dune book" with "Gutenberg Bible" or, even better, "historic, ultrarare, pre-medieval parchment of a Bible translation". The new owners of that Bible probably do not think…
And as the sibling comment said, this is not the only copy (but seeing elsewhere in the thread that they’ve talked about burning it, perhaps they thought so, too. That’s honestly not an impressive amount of due diligence in that case, to put it mildly).
I made the mistake of diving a bit deeper into the group who bought it and found a proposal where they are talking about literally burning the book they just bought after digitizing it for … reasons I guess [0] At this point I just hope its some sort of practical joke or whatever because this just seems a bit much. [0] https://forum.spicedao.xyz/t/nft-of-the-book-w-proof-of-jpeg...