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Photoshop will get a ‘prepare as NFT’ option soon

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

#61

Post by dorkwood »

bko wrote: post #43
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…

> 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 pe…

> I hear its supposed to help artists

That's the grift. A handful of artists get paid and push the story that NFTs help artists. Throngs of starving artists throw their money onto the pile, only to never receive a cent.

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

#62

Post by ausbah »

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…

are commissions, paywalls, and just general donations avenues to supporting artists? is the "ownership" of NFT something people really care about?

I know I don't

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

#63

Post by rvz »

The whole Ethereum-based tokens (ERC-20 only) and NFT (ERC-721) ecosystem is a gigantic, elaborate scam which only just helps influencers to use their fame to cash in on exit scamming their fans into thinking they are buying and holding something that has 'value' with no use.

Instead they are paying immense gas fees to cover the cost of every. single. transaction.

Discuss.

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

#64

Post by nickthegreek »

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.

Agreed. I have had several artists reach out to me to help them mint NFTS and I explained to them why its a bad idea and how they will most likely lose money. Only one of them ended up minting an NFT and are still in the red.

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

#65

Post by dorkwood »

naraga wrote: post #42
neonnoodle wrote: post #28

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?

I think it's good for society that we care about things which may not directly affect us.

Having said that, the original poster is an artist, and the NFT craze is driven by a scam which disproportionately affects artists. I can see why they might be upset about that.

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

#66

Post by dropnerd »

Waterluvian wrote: post #30
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…

It’s an incomplete version of an idea that already exists: Patreon et al. NFT solves none of the actual challenges: the payment processing, the community building, the comms channel. If the goal is to fund starving artists, NFT doesn’t actually solve any problems.

the convention in the space:

- payment processing is handled by your fiat gateway like Coinbase. bonus- no chargebacks to worry about

- community building and comms are handled on Discord

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

#67

Post by dropnerd »

jjulius wrote: post #59
strict9 wrote: post #57

Earlier quoted context omitted.

> Imagine if Taylor Swift sold a limited number of mp3 NFTs of a new song of hers. Several artists have created "limited" or 1/1 NFTs, with full knowledge that whatever media contained therein could be easily digitally replicated. It's not about legality or tangible qualities, it's a pure digital ownership model. The most recent example is David Lynch and Interpol: https://twitter.com/DAVID_LYNCH/status/1453013551241…

What's the difference between that, and offering a piece of music for purchase one time on Bandcamp? That would be a digitally-provable representation of the music in their Bandcamp profile, and they would get it almost directly from the artist. Edit: Hell, just for fun, how's that different from EBay?

if bandcamp goes out of business, your proof that you bought from the artist disappears when the aws rds database turns off

if you mint an nft, so long as there is some business querying the ethereum blockchain, you can prove your purchase

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

#68

Post by [deleted] »

dropnerd wrote: post #66
Waterluvian wrote: post #30

Earlier quoted context omitted.

It’s an incomplete version of an idea that already exists: Patreon et al. NFT solves none of the actual challenges: the payment processing, the community building, the comms channel. If the goal is to fund starving artists, NFT doesn’t actually solve any problems.

the convention in the space: - payment processing is handled by your fiat gateway like Coinbase. bonus- no chargebacks to worry about - community building and comms are handled on Discord

[deleted]

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

#69

Post by raxxorrax »

nickthegreek wrote: post #64
pavlov wrote: 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.

Agreed. I have had several artists reach out to me to help them mint NFTS and I explained to them why its a bad idea and how they will most likely lose money. Only one of them ended up minting an NFT and are still in the red.

But at least he always will have a non-fungible token of appreciation and maybe some allegedly unique cat picture.
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