Photoshop will get a ‘prepare as NFT’ option soon • Hacker News Board

Re: Photoshop will get a ‘prepare as NFT’ option soon

#31

Post by Amorymeltzer » Wed, Oct 27, 2021, 2:19 PM UTC

PragmaticPulp wrote: post #21

NFTs occupy an interesting intersection between being relatively low effort to implement but having a very high ability to grab headlines and free publicity. Can you think of any other easy feature that would get Photoshop into the headlines? Adding NFT functionality to anything is an easy way to get free press right now. It’s also why so many of the aimless influencers are rushing to NFT topics: They can use those f…

>Can you think of any other easy feature that would get Photoshop into the headlines?

Reminds me of, circa 2017-2018, when anything with blockchain or ICO or the like would make a headline. The most obvious ones that stick in my mind were the "Long Island Iced Tea" rename[0] and the KodakCoin.[1]

0: https://en.wikipedia.org/wiki/Long_Blockchain_Corp

1: https://en.wikipedia.org/wiki/KodakCoin

Re: Photoshop will get a ‘prepare as NFT’ option soon

#32

Post by NicoJuicy » Wed, Oct 27, 2021, 2:19 PM UTC

strict9 wrote: post #25

I don't understand the unfettered hatred many have for NFTs. This is the first technology to come along and offer artists an actual avenue to payment for their creative work, and for fans to directly engage with and support with artists. For once, photographers, artists, musicians, countless others can be in control of their own distribution and the terms of it. Yes, you can right-click and save jpegs but that is sor…

But it's not a legal one. NFT doesn't really solve anything.

What was the actual problem in the first place? Influencers that want to earn more?

Green washing is also a big problem in the NFT market.

Re: Photoshop will get a ‘prepare as NFT’ option soon

#33

Post by willcipriano » Wed, Oct 27, 2021, 2:19 PM UTC

pavlov wrote: post #24

PragmaticPulp wrote: post #21

NFTs occupy an interesting intersection between being relatively low effort to implement but having a very high ability to grab headlines and free publicity. Can you think of any other easy feature that would get Photoshop into the headlines? Adding NFT functionality to anything is an easy way to get free press right now. It’s also why so many of the aimless influencers are rushing to NFT topics: They can use those f…

> “… it doesn’t seem to be the starving artists making money on NFTs” Starving artists are the marks for this scam. They spend $50 on Ethereum and other fees to mint some NFTs, nobody buys them, and they remain starving — but the crypto ecosystem has extracted another chunk of real money from hopefuls at the base of the pyramid.

A few of them have to make money, otherwise the ponzi scheme blows up right away. Some of the artists involved likely understand that dynamic and they are betting on being a early adopter, getting paid and getting out before the flames consume the house. Some of the victims are merely aspiring coconspirators, if not most.

Re: Photoshop will get a ‘prepare as NFT’ option soon

#34

Post by chadlavi » Wed, Oct 27, 2021, 2:20 PM UTC

callumprentice wrote: post #29

Can someone please point me to a concise description of what an NFT is? The usual answer is "DUH! It's a non-fungible token" as if that explains everything. I get that it's an image (maybe any digital media?) and it is associated with an entry on a blockchain somewhere but then I get confused. For example, that beautiful graphic you're going to print and hang on your wall can still be copied just as readily as any ot…

A means of separating fools from their money

Re: Photoshop will get a ‘prepare as NFT’ option soon

#35

Post by overgard » Wed, Oct 27, 2021, 2:20 PM UTC

strict9 wrote: post #25

I don't understand the unfettered hatred many have for NFTs. This is the first technology to come along and offer artists an actual avenue to payment for their creative work, and for fans to directly engage with and support with artists. For once, photographers, artists, musicians, countless others can be in control of their own distribution and the terms of it. Yes, you can right-click and save jpegs but that is sor…

If I buy a painting though, it's irreplaceable and can't truly be replicated. Can't say the same of digital. I suppose there's "bragging rights", but if someone was like "I own the original doge image NFT" I think I'd roll my eyes and think less of them.

Re: Photoshop will get a ‘prepare as NFT’ option soon

#36

Post by jjulius » Wed, Oct 27, 2021, 2:21 PM UTC

strict9 wrote: post #25

I don't understand the unfettered hatred many have for NFTs. This is the first technology to come along and offer artists an actual avenue to payment for their creative work, and for fans to directly engage with and support with artists. For once, photographers, artists, musicians, countless others can be in control of their own distribution and the terms of it. Yes, you can right-click and save jpegs but that is sor…

>This is the first technology to come along and offer artists an actual avenue to payment for their creative work, and for fans to directly engage with and support with artists.

Except for, ya know, Bandcamp, Patreon, PayPal, so on and so forth...

>For once... musicians... can be in control of their own distribution and the terms of it.

Bandcamp has always offered this for musicians? Artists in all mediums could always host their own website and take whatever payment/amount they want through PayPal or other processors? Am I crazy?

Edit:

>People who own or sell NFTs aren't doing it just to "own" a jpeg, it's a digital representation of something purchased, or proof of attendance.

Not to keep focusing on Bandcamp specifically, but again - Bandcamp. If I buy music there, my user thumbnail is listed under "supported by" on that track/album's page, and it's added to my public-facing-by-default collection list. Got a piece of music in physical form that you bought elsewhere? Cool, add it to your Discogs collection and keep your profile public.

Re: Photoshop will get a ‘prepare as NFT’ option soon

#37

Post by trutannus » Wed, Oct 27, 2021, 2:22 PM UTC

callumprentice wrote: post #29

Can someone please point me to a concise description of what an NFT is? The usual answer is "DUH! It's a non-fungible token" as if that explains everything. I get that it's an image (maybe any digital media?) and it is associated with an entry on a blockchain somewhere but then I get confused. For example, that beautiful graphic you're going to print and hang on your wall can still be copied just as readily as any ot…

> I get that it's an image (maybe any digital media?) and it is associated with an entry on a blockchain somewhere but then I get confused.

Not entirely correct. The NFT confers ownership of the NFT, not the asset it "represents" unless otherwise specified in a regular old contract or terms of sale. Often times the copywrite of the NFT's asset isn't even transferred correctly to the NFT owner.

Re: Photoshop will get a ‘prepare as NFT’ option soon

#38

Post by uuddlrlr » Wed, Oct 27, 2021, 2:22 PM UTC

tdrdt wrote: post #19

kaeruct wrote: post #9

How could this prevent me from taking a screenshot of an existing image and paste it into photoshop, then "prepare it as NFT"?

In the near future modern OSs will block the screenshot when you are displaying NFT content. And also the drivers of your videocard will prevent outputting such data via uncertified cables. There will also be a hidden watermark in case you want to take a picture of it with your camera, which ofcourse is not allowed. /s

Critics of NFTs incessantly conflate them with copyright and DRM, but it's a strawman argument.

Buyers are aware that it doesn't grant them any actual rights beyond "I can transfer this NFT".

I'm against NFTs for their environmental impact, I'm fine with their vanity.

Re: Photoshop will get a ‘prepare as NFT’ option soon

#39

Post by hydroreadsstuff » Wed, Oct 27, 2021, 2:23 PM UTC

VHRanger wrote: post #26

strict9 wrote: post #25

I don't understand the unfettered hatred many have for NFTs. This is the first technology to come along and offer artists an actual avenue to payment for their creative work, and for fans to directly engage with and support with artists. For once, photographers, artists, musicians, countless others can be in control of their own distribution and the terms of it. Yes, you can right-click and save jpegs but that is sor…

Artists are marks in the NFT scam, paying large NFT minting fees with very few actual NFTs being sold to recoup costs. It's not like artists are lacking ways to monetize apart from NFTs. If a popular artist can extract value from their art through it, more power to them, but the median artist is losing money from the enterprise.

You don't need to mint on Ethereum. I'm there are cheaper options.

Re: Photoshop will get a ‘prepare as NFT’ option soon

#40

Post by m12k » Wed, Oct 27, 2021, 2:24 PM UTC

callumprentice wrote: post #29

Can someone please point me to a concise description of what an NFT is? The usual answer is "DUH! It's a non-fungible token" as if that explains everything. I get that it's an image (maybe any digital media?) and it is associated with an entry on a blockchain somewhere but then I get confused. For example, that beautiful graphic you're going to print and hang on your wall can still be copied just as readily as any ot…

An NFT is basically a link to a URL stored on a blockchain. Websites can host an artist's image at a specific URL and help them sell the NFT as a kind of "crypto-autograph" for the artwork. It doesn't mean the actual artwork gets stored on the blockchain, it doesn't actually transfer ownership or copyright to the work, and it doesn't prevent e.g. the servers actually hosting the artwork from going down. It's basically a digital commemorative plaque that says "The owner of this token "bought" the artwork at [URL]".