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“The NFT Bay” Shares Multi-Terabyte Archive of ‘Pirated’ NFTs

torrentfreak.com

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Re: “The NFT Bay” Shares Multi-Terabyte Archive of ‘Pirated’ NFTs

#51

Post by agumonkey »

motoxpro wrote: post #34
2pEXgD0fZ5cF wrote: post #9

Earlier quoted context omitted.

> It’s like video game cosmetics Video game cosmetics derive their appeal from people using them while they actually play the game, not from showing off the database flag that activates it for the account. With NFTs, the whole game part of the game cosmetics analogy is missing.

I think you could argue that Discord/Twitter is the game, which is a much bigger space than Fortnite or CSGO, meaning that the "skins" cost more. Instead of runing around a 3d character, you just type words on a web page/chat client and get points the more people see it.

Seems like internet new (maybe last) phase is about "selling everything". sigh

Re: “The NFT Bay” Shares Multi-Terabyte Archive of ‘Pirated’ NFTs

#52

Post by boldslogan »

episteme wrote: post #38
samwillis wrote: post #30

Earlier quoted context omitted.

I think that is kind of the point. This a social commentary on the absurdity of NFTs and crypto. There was the study yesterday that showed that 70% of crypto trading was wash trading. I.e junk to inflate the appearance of the market. I see this being mostly zeros as effectively the same. It was meant to be found to be junk, to show how stupid it all is.

It was 70% of the trading done on -unregulated- exchanges.

right, but doesnt the alledged spill over effect of increasing the price on the unregulated exchange, impact the price regardless of exchange?

You don't ask for btc price X on coinbase versus btc price Y on biance? Wouldn't you just care about the price of btc? and if it rises on certain exchanges, then it would arbitrage until it rose on other exchanges as well?

Re: “The NFT Bay” Shares Multi-Terabyte Archive of ‘Pirated’ NFTs

#53

Post by imustbeevil »

motoxpro wrote: post #34
2pEXgD0fZ5cF wrote: post #9

Earlier quoted context omitted.

> It’s like video game cosmetics Video game cosmetics derive their appeal from people using them while they actually play the game, not from showing off the database flag that activates it for the account. With NFTs, the whole game part of the game cosmetics analogy is missing.

I think you could argue that Discord/Twitter is the game, which is a much bigger space than Fortnite or CSGO, meaning that the "skins" cost more. Instead of runing around a 3d character, you just type words on a web page/chat client and get points the more people see it.

Except to have some skin in a game, you actually have to have that skin in the game. To put a monkey as your profile picture on Discord or Twitter, you can just do that without owning the monkey. If anything, not owning it is better social proof.

Re: “The NFT Bay” Shares Multi-Terabyte Archive of ‘Pirated’ NFTs

#54

Post by xondono »

ghuntley wrote: post #7
tlrobinson wrote: post #2

Soooo the obvious question... when does the NFT of the “The Billion Dollar Torrent” drop?

It already has https://twitter.com/GeoffreyHuntley/status/14618723766819512... and now it's into inception territory. The person who did https://www.thenftbay.org (me) got NFT'ed by VVD (passed in at $17,645.42 USD) and now I've NFT'ed his auction result with the proceeds being diverted to Outreachy internships.

I don’t want to tell you what to do, but I hope in my heart that you’ll keep doing this recursively until the mask falls off.

I wouldn’t even be mad if you kept the money.

Re: “The NFT Bay” Shares Multi-Terabyte Archive of ‘Pirated’ NFTs

#55

Post by invalidusernam3 »

easytiger wrote: post #15

Art stopped existing subsequent to the widespread availability of digital imaging

Not all art is a 2D image. Sculpture, light shows, dance and music, just a few examples of art that aren't the same when not viewed in real life.

Re: “The NFT Bay” Shares Multi-Terabyte Archive of ‘Pirated’ NFTs

#56

Post by timdaub »

mrspeaker wrote: post #3

I think the biggest problem the art project will face is that nobody actually wants 19.5TB of not-terribly-good art. If there wasn't a fun speculative element, then most of the artists would have trouble getting anyone to download their stuff even for free (just like most game devs struggle to get anyone to play their games - even when they're pretty good). So really, if this art project does succeed it could be an i…

Actually, I was about to rent a big server and download the torrent as I wanted to build a reverse image search for NFTs. But since it's not 19TB, I won't do it.

Re: “The NFT Bay” Shares Multi-Terabyte Archive of ‘Pirated’ NFTs

#57

Post by codebolt »

episteme wrote: post #38
samwillis wrote: post #30

Earlier quoted context omitted.

I think that is kind of the point. This a social commentary on the absurdity of NFTs and crypto. There was the study yesterday that showed that 70% of crypto trading was wash trading. I.e junk to inflate the appearance of the market. I see this being mostly zeros as effectively the same. It was meant to be found to be junk, to show how stupid it all is.

It was 70% of the trading done on -unregulated- exchanges.

Well, then how many % of crypto volume happens on properly 'regulated' exchanges? And what are the requirements those exchanges must meet (are they held to the same standard as major stock exchanges, for example?)

Re: “The NFT Bay” Shares Multi-Terabyte Archive of ‘Pirated’ NFTs

#58

Post by nathias »

2pEXgD0fZ5cF wrote: post #9
judge2020 wrote: post #8

Isn’t the point of NFTs that it verifies ownership, not “you’re the only one that can access the content” (although there are indeed NFTs that can only allow the owner to decrypt the content)? It’s like video game cosmetics - many people can have the same skin, but people you want to impress or show off to can see that you own x, y, and z.

> It’s like video game cosmetics Video game cosmetics derive their appeal from people using them while they actually play the game, not from showing off the database flag that activates it for the account. With NFTs, the whole game part of the game cosmetics analogy is missing.

Think of it as breaking out of the games, imagine something like steam profile avatars/pictures etc. tied to your identity that you can use on any page that implements it.

Re: “The NFT Bay” Shares Multi-Terabyte Archive of ‘Pirated’ NFTs

#59

Post by Closi »

beardyw wrote: post #49
tomp wrote: post #31

Earlier quoted context omitted.

Reminds me of Moon Shares from like 20 years ago. You could buy property on the moon and the company would verify ownership for you. Although this is totally different, because it’s blockchain.

You may just have opened a Pandora's box.

Well you can almost buy an NFT for a virtual plot of moon land in the moon metaverse.

https://nftmoon.space/en/home/

How anyone thinks all this isn’t a bubble is beyond me…

Re: “The NFT Bay” Shares Multi-Terabyte Archive of ‘Pirated’ NFTs

#60

Post by gillesjacobs »

timdaub wrote: post #56
mrspeaker wrote: post #3

I think the biggest problem the art project will face is that nobody actually wants 19.5TB of not-terribly-good art. If there wasn't a fun speculative element, then most of the artists would have trouble getting anyone to download their stuff even for free (just like most game devs struggle to get anyone to play their games - even when they're pretty good). So really, if this art project does succeed it could be an i…

Actually, I was about to rent a big server and download the torrent as I wanted to build a reverse image search for NFTs. But since it's not 19TB, I won't do it.

You don't count that low?
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