Live data from Hacker News

Photoshop will get a ‘prepare as NFT’ option soon

theverge.com

41–50 of 69 posts

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

#41
post #19
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

You joke, but even some of the most poorly engineered streaming services, like Crave.ca, managed to implement screenshot blocking.

Seriously, this is a service whose Android app always appears as "unavailable in your region" (I'm in Canada), yet it allows mobile browsers to play the content just fine, except for the screenshot blocking.

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

#42

I got so pissed off about crypto scam bullshit that I made a picturebook about it: https://gum.co/marvelousmoneymachine It's pay-what-you-want and suitable for all ages.

how can you be pissed about something that has zero impact on your life?

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

#43

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…

> But despite all the hype, it doesn’t seem to be the starving artists making money on NFTs. It’s all established crypto speculators and crypto businesses selling shovels in this gold rush. The starving artists are just a clever narrative to distract from who’s actually profiting.

That's the weird thing about NFTs. I hear its supposed to help artists, but a lot of the popular NFTs have literally no names or public people associated with them. Maybe I'm just looking at the wrong ones, but for instance look at Bored Ape yacht club. You can't find the name of a single person associated with it. The art is cool sure, but you don't know what you're supporting. For all we know it could be a spin-off of a Russian bot farms with art lifted from other places.

It was all trademarked last month. It's still pending!

[0] https://boredapeyachtclub.com/#/

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

#44
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…

Because any explanation of what an NFT is makes clear that it’s completely worthless in virtually every context. People are promoting NFTs by buying and selling them for high amounts to associates to create the fake appearance of value.

There’s no value to any of them. It’s literally just an attempt to sell bits that aren’t unique or are easily reproduced.

Imagine if Taylor Swift sold a limited number of mp3 NFTs of a new song of hers. The song would immediately be copied leaving the purchased NFT’s as completely useless.

There’s no legal binding with them for any physical assets, so the entire thing is essentially a Ponzi scheme.

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

#45
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.

Can’t I mint an NFT of the painting you own an NFT for and perhaps through my (fictional) celebrity status, my NFT becomes seen as the “main” one?

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

#46

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…

People will pay millions for an original Monet. Why? Digital image reproduction is perfect and the image is in public domain.

The answer is you’re buying status and provenance. The original Monet holds special value because of arbitrary cultural conventions. Someone can create a perfect replica to look at, but the replica dies not confer social status.

We now have a generation of crypto-native multimillionaires. I know many on this forum are pissed off about the fact. Many think all this crypto wealth shouldn’t exist. And many think the bubble will burst any day now.

All of which could be true. But the facts in the ground today is that there’s huge amounts of crypto native wealth. Just the same as 19th century Robber Barons are going to spend money on things that confer social status among other 19th century Robber Barons, crypto native millionaires are going to buy things that confer social status among crypto native millionaires.

For crypto native people, crypto provenance is as valuable as original copies are to Robber Barons. Again this is all just arbitrary social conventions one way or another. As long as the crypto ecosystem continues to generate massive wealth, expect the highest status goods among that subculture to command lofty prices.

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

#47

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…

It's not an image. It's simply a piece of text that says, "This piece of text is unique. Signed, John Smith" and you can pay John Smith to edit that text to say "This piece of text is unique - Signed, John Smith and Jane Adams". This text is publicly available for all to see. Some people like to put in that text a URL to a picture they like.

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

#48
post #24

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.

We saw the same thing with the dropshipping craze.

The real money was made after one got in early, made some money, then began selling dropshipping courses to other hopefuls.

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

#49
post #24

Earlier quoted context omitted.

> “… 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.

> aspiring coconspirators

I feel like this describes the majority of "victims" here.

Post reply on HN