61–70 of 398 posts
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...
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…
I suggest you read the rest of the discussion. No, it can't be shared, and it can't be monetized. You said it yourself - they do not own the intellectual property rights. They own a printed version of that content that does not include any rights for digital reproduction, derivative work or anything of the sort. Like any other book (!).
Earlier quoted context omitted.
Fuck me, they’re talking about using JPEG as an archival format before destroying the original. What is going on here.
> Because the book remains on-chain, the book does not die, but crosses the boundary of physical to digital. 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 t…
Trying not to spoil it by discussing it, if anyone hasn't yet you really should try it, it's a really unique experience in gaming and that's hard to come by these days.
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...
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…
Silliness aside though, this highlights a point to me. Methods of organising are (1) very important (2) relatively undiverse (3) hard to create out of whole cloth.
The creation/ascendance of "modern" joint stock companies circa 1600 was (arguably) responsible for some serious revolution. The 90s produced some very interesting examples: GNU, Linux, Wikipedia, WWW... These are "organisations" organised in unconventional ways and they produced results that a conventional non profit, commercial or government organisation could not have produced.
New ways of organising are potentially very powerful.
CryptoBro naivety isn't necessarily terrible for this end. It'll produce a lot of stupid moves, but stupidity and creativity are often neighbors. CryptoBros' typically mercenary and/or ideological tendencies might be more of a hurdle.
Besides laws, norms & regulatory structure, what's the difference between a DAU and a joint stock company?
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...
Let’s suspend disbelief for a moment and pretend everything worked as they say, in what world is giving access to the book to the few people that pay for the nft, “democratising”?
Earlier quoted context omitted.
How is buying a book, converting it into NFTs and then burning it a public good?
Where does it say anything about burning books? I'm referring to the bit about making it public and supporting derivative works.