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Cryptoland [video]

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Re: Cryptoland [video]

#111
post #49

Earlier quoted context omitted.

After browsing OpenSea one may reasonably come to the conclusion that for every competent artist selling NFTs of their art, there are approximately 40,000 low-effort mspaint primates.

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…

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.

Re: Cryptoland [video]

#112

Earlier quoted context omitted.

Wasn't this the literally exact thing NFTs was supposed to prevent?

Yet nothing in NFT's prevent it. Even if every artist minted everything they ever post as an NFT it would not prevent it. At most there would be a "first to file" authenthicity mechanism in the NFT storefronts like OpenSea.

If you have the artist's address you can always check that the NFT originated from them. I don't even understand why anyone (mostly non-crypto people) would think it prevents copy pasting.

Re: Cryptoland [video]

#113

Earlier quoted context omitted.

After browsing OpenSea one may reasonably come to the conclusion that for every competent artist selling NFTs of their art, there are approximately 40,000 low-effort mspaint primates.

Or just straight-up stolen art. For every one artist selling NFTs of their own art, there are easily five NFTs sold by fraudsters misrepresenting themselves to have to right to do so.

Perhaps a sort of trusted authority could validate that...

Re: Cryptoland [video]

#115
post #111
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…

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?

Re: Cryptoland [video]

#117
post #108
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…

Same thing happened in the online beat space. It used to be producers creating music. Now it's a race to the bottom. Who can download a pre made loop the fastest and put the same drums over everything then sell it for $5. I don't know what has happened with humanity. Everyone just wants to make a quick buck.

Were we ever so different? Perhaps what has changed is not our nature, but the affordances present in our environment. For all our billions of years of evolutionary history until just about last Tuesday, there has never existed a global market with virtually zero cost of creating “goods” to sell. Now, with digital “assets”, there is.

The ratio of perceived benefit (make money from selling shitty NFTs or shitty beats) to cost (essentially zero cost to mint a shitty NFT or create a shitty beat) is infinite, NaN, divide-by-zero. Of course this results in near-infinite supply and thus most people don’t make any money. But the zero-ish cost means the flow of supply doesn’t stop.

Re: Cryptoland [video]

#118
post #111

Earlier 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?

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