A Guide to NFTs, and How They Are About to Revolutionize Pretty Much Everything
1–10 of 42 posts
Re: A Guide to NFTs, and How They Are About to Revolutionize Pretty Much Everything
#2This is like a namecoin for digitally produced content. This doesn't seem like anything new.
Re: A Guide to NFTs, and How They Are About to Revolutionize Pretty Much Everything
#3I'm not completely sold on the Mona Lisa comparison. Making an exact copy is tough. Sure, you can take a picture, you can even make a painted version that's pretty close. But only one was actually hand-painted by Leonardo da Vinci.
But in the case of the digital art, you can have an exact copy. Indistinguishable from the original in all ways. Sure, the NFT says someone has to own the 'real' original, but what extra value does that have over a literal copy?
Re: A Guide to NFTs, and How They Are About to Revolutionize Pretty Much Everything
#4If you reduce NFT art down it is basically just a way to make digital art work like physical art. It didn't work that way before because you can copy anything digital, but the use of crypto + proof that you own the work adds that uniqueness present in the real world but not the digital world.
This is all done so the value of the art can be increased and solidified.
Re: A Guide to NFTs, and How They Are About to Revolutionize Pretty Much Everything
#5How is this different from Colored Coins? Or CryptoKitties?
I'm pretty bullish on cryptos in general, but I just don't 'get' this. Maybe it will take some time to sink in with me, but at the moment it just seems like the latest crypto pump-and-dump. Especially with the number of people on Clubhouse shilling them.
Re: A Guide to NFTs, and How They Are About to Revolutionize Pretty Much Everything
#6If you reduce NFT art down it is basically just a way to make digital art work like physical art. It didn't work that way before because you can copy anything digital, but the use of crypto + proof that you own the work adds that uniqueness present in the real world but not the digital world. This is all done so the value of the art can be increased and solidified.
I don't understand how NFTs change anything, though? Like, why do I care that Bob technically "owns" the file that I have a bit-for-bit identical version of?
Re: A Guide to NFTs, and How They Are About to Revolutionize Pretty Much Everything
#7I'm not completely sold on the Mona Lisa comparison. Making an exact copy is tough. Sure, you can take a picture, you can even make a painted version that's pretty close. But only one was actually hand-painted by Leonardo da Vinci. But in the case of the digital art, you can have an exact copy. Indistinguishable from the original in all ways. Sure, the NFT says someone has to own the 'real' original, but what extra v…
Same values that original hand painted Monalisa has over any other hand painted Mona Lisa. It's the one.
Re: A Guide to NFTs, and How They Are About to Revolutionize Pretty Much Everything
#8I'm not completely sold on the Mona Lisa comparison. Making an exact copy is tough. Sure, you can take a picture, you can even make a painted version that's pretty close. But only one was actually hand-painted by Leonardo da Vinci. But in the case of the digital art, you can have an exact copy. Indistinguishable from the original in all ways. Sure, the NFT says someone has to own the 'real' original, but what extra v…
It's about the psychology of it all. People now have a way to verify actual ownership of artwork. Whatever added value the work has is just a construction of our minds and is no different to adding value to physical artwork for arbitrary reasons, but it's true that the upper limit for value will always be less than physical artwork because you can just copy it more easily.
Re: A Guide to NFTs, and How They Are About to Revolutionize Pretty Much Everything
#9How is this different from Colored Coins? Or CryptoKitties? I'm pretty bullish on cryptos in general, but I just don't 'get' this. Maybe it will take some time to sink in with me, but at the moment it just seems like the latest crypto pump-and-dump. Especially with the number of people on Clubhouse shilling them.
NFT is to artwork what Bitcoin is to gold. That's the way I see it anyway.
Re: A Guide to NFTs, and How They Are About to Revolutionize Pretty Much Everything
#10I'm not completely sold on the Mona Lisa comparison. Making an exact copy is tough. Sure, you can take a picture, you can even make a painted version that's pretty close. But only one was actually hand-painted by Leonardo da Vinci. But in the case of the digital art, you can have an exact copy. Indistinguishable from the original in all ways. Sure, the NFT says someone has to own the 'real' original, but what extra v…
Same values that original hand painted Monalisa has over any other hand painted Mona Lisa. It's the one.
How so? Unless the disk to which the file was originally written physically changes hands, they're all exactly identical copies.