NFTs (thread now extremely NSFW)

been finding thread fascinating in catching up on issues and

well this seems like yet another terrible idea https://www.politico.com/news/2022/01/08/campaign-fundraising-nft-526787

while hoping concept dies quickly, would be interesting to see who buys into it either as buyers or pols selling it

Turns out that these BAYC people are dealing in a lot of racist imagery...too many coincidences to wave away tbh.

https://news.knowyourmeme.com/news/after-bored-ape-yacht-clubs-alleged-racist-ties-critic-ryder-ripps-elaborates-on-specifics-of-the-controversy

It was like the first thing I thought of when I saw the ones with the big gums

https://lh3.googleusercontent.com/3ApfA1l_GCKC2gT2_mgoGAbGlRdTDb6QMHW-mYbWnh6EGCrwNqPRzld2qapQaDZYxMPUIYc-K80L8Z2T1zy5Pxw8VGpCGugW2T10xQ=s0

Entertaining resource: Molly White's website — https://web3isgoinggreat.com/ — is a cascade of stories about NFT and blockchain fuck-ups.

I've been following David Gerard's blog, https://davidgerard.co.uk/blockchain/

Wow, I just read his coverage of El Salvador. Hadn't been paying attention to that insanity.

From H in Addis's article: "NFTs are unique digital assets and give creators a way to pitch online wares that can’t be easily replicated," hmm? I guess it's not easy for some of us to Right Click > Copy, who knew.

Turns out that these BAYC people are dealing in a lot of racist imagery

wait people didn't see this from the jump?

the scales have been lifted

https://gizmodo.com/tiktok-star-who-sells-her-farts-in-jars-starts-selling-1848305521 you'll never guess!

This morning at 5:40am my desktop metamask was hacked and drained of all funds and NFTs.

The only thing I did differently was charge a brand new dildo on my computer and installed the app

Still trying to wrap my head around this but I think I was just hacked by a fucking dildo

— Sen Crypto Monglord (@crypto_bitlord7) December 21, 2021

and dildos have apps now? guess i’m behind on my dildo technology

the phrase is "dildonics"

TS: art galleries that have pivoted to NFTs vs. yoga studios that have pivoted to Qanon.

These are days of miracle and wonder

“Under Armour’s virtual sneaker collection Genesis Curry Flow NFTs fetched $333 at initial sale last month and are now priced anywhere from $551 to over $15,000”
-
I bought real Curry Flows the day they dropped and paid $160. What is y’all doin https://t.co/W7LvFJAekr

— 𝐄𝐱𝐚𝐯𝐢𝐞𝐫 𝐏𝐨𝐩𝐞 (@exavierpope) January 14, 2022

is this dune book thing real?

the best part is that i can't tell

Which part of it?

I appears so...I'm assuming you're talking about this:

We won the auction for €2.66M. Now our mission is to:

1. Make the book public (to the extent permitted by law)

2. Produce an original animated limited series inspired by the book and sell it to a streaming service

3. Support derivative projects from the community pic.twitter.com/g4QnF6YZBp

— Spice DAO (🏜,🏜) (@TheSpiceDAO) January 15, 2022

did someone actually spend millions on a rare print book and actually think it gave them rights to the dune IP?

c'mon

This appears to be the case, yes

yeah I wanna believe this is too dumb to be real but it appears it actually is

Yeah, it's nuts!!

Here's another article about it (published last month, before the Tweet):
https://www.buzzfeednews.com/article/amansethi/spicedao-dunedao-soby

There's a quote from the director of the "Jodorowsky's Dune" documentary:
“To be 25 years old and to have figured out whatever he has figured out with this cryptocurrency and he’s not out buying Ferraris and, you know, being a moron,” Pavich said. “My impression of him is that he was coming from a very pure place.”

I guess a "pure place" is where nobody tells you about copyright law...?

It sounds like he knows he can’t “just put it on the Internet” but has a utopian confidence that the various rights holders will sign off on future projects once they see how much he cares.

It's been scanned by someone else and is on Google for anyone to browse - https://photos.google.com/share/AF1QipNGBuasYa_WETf7sF6Q9W3SN-X7oiB3jrh5QDMMNQPQl9xgS3cua--BhRr-BImP1w?key=QmE1WTR0Z0FtZVFIalpsYVZ3LXFXMS1DUmNiUnR3

I will buy it for 10 million euros

If they really do have 16 million dollars to blow, they could probably just make their animated movie, insist it's a "derivative work" and post it for free on the blockchain. They'd still probably lose any court case but like Lucas/Disney never sought $$ for the Despecialized editions or w/e

Also it's nice that all those people were willing to chip in for him to buy it, but what do they actually get out of it? Presumably he gets to hold onto the physical copy. I guess the other members of the DAO share in any future proceeds, but it seems like the only way to generate any actual money will be to sell it at some point.

I would like to announce that i own the rights to the full lord of the rings, the one where it's all in one large book, and it is worth 14 million dollars

"It sounds like he knows he can’t “just put it on the Internet” but has a utopian confidence that the various rights holders will sign off on future projects once they see how much he cares."
Yep agreed, tipsy mothra.

Another quote from the Buzzfeed article: "Now that they have won the bid, Saqib and his associates must make good on their promise to bring the bible to the people and prove that their fundraising approach was not just a gimmick."

I have so many questions - this is essentially a stunt (or "gimmick" as stated above), so did they purposefully grossly *overbid* on the book (which was appraised at much, much less) just because they know that it would make the news this way?

Reading the Twitter comments, there's a fair amount of ridicule of course, but there seem to be more comments from the faithful, like the three mission points actually seem feasible to them.

By doing this, is the true message "we are crazy fans and we have millions of dollars to throw around so consider us as potential investors"?

Legendary Entertainment (behind the 2021 film) owns the movie/TV rights - why would they bother dealing with these Hollywood-outsider crypto bros (and wild-card Jodorowsky himself! I assume his intellectual property is intertwined...?) to make an incredibly weird, probably unprofitable series?

They have no intention of making an animated series. They’re using the 12m treasury donations to pay their “team” of discord moderators $70k a year. It’s a total scam.

— Daddy Paperhands (@DaddyPaperHands) January 17, 2022

ok NOW it makes sense

I am shocked! Shocked! To discover that scamming has been going on in these crypto premises!

rugged again lads

NFT developers rugpull for a third time, this time with "Big Daddy Ape Club"

January 11, 2022https://t.co/sWmGtSUVB4 pic.twitter.com/HeOHUfQZPH

— web3 is going just great (@web3isgreat) January 12, 2022

FFS, why wouldn't you just give people their picture of a monkey

It’s a disgrace to the legitimate business of selling racist pictures to white kids.

I'm starting to think ape drawings are not going to fund my retirement

well, if you are selling the NFTs, they might

Here's more on the Dune book crypto bros - click through for screenshots from Discord conversations:

"gm" as the kids say, some nuggets from overnight when shit started to get real on the discord with a bunch of carpetbaggers trying to "well actually" the bag holders but the guy who owns the book still thinking *they are going to sell an anime version to Netflix for "a fuck ton" pic.twitter.com/CPudhJLRkW

— Maybe: Fred Benenson (@fredbenenson) January 17, 2022

Quote from soby (the book buyer): "...because of the connections of our creative team we are going to produce a pilot for the first web 3 produced anime (have 2 big hitters already on and I'm working on getting grimes to do the music) we sell that off to netflix for a fuck ton"

And: "idk how to solve the problem of democracy man"

Grimes! Tax evasion tips! And so much more.

The main thing I’ve always thought Dune was missing was a soundtrack that sounded like someone inserting a MIDI keyboard into a cat’s ass

IRL lols, ty DJP

Grimes doing the music is the most plausible thing here

it's fucking sad that when a bunch of kids broke the system and suddenly found themselves accidentally grifted with millions of dollars purely by accident of technological circumstance, they took their newfound power and opted to waste it on the dumbest shit imaginable as opposed to doing anything vaguely constructive with it.

^^^^^the undercurrent of so much of this, for me

Reminds of this rich kid I lived with that only wanted to own a yacht. Pathetic

Did he get one?

one of the NFT ape guys should buy the Monkey Business yacht

https://cbsnews1.cbsistatic.com/hub/i/2016/05/06/62935985-c972-492d-a6d9-a1913aae0237/donna-rice-gary-hart-ap-promo.jpg

https://www.lamborghini.com/en-en/news/lamborghini-presents-the-space-key

i wrote an extension for chrome that changes twitter's nft avatars to subway jared. enjoyhttps://t.co/WAaoZ16Y8x pic.twitter.com/QuxtHUbdLu

— virgin (@wwwdotyoutube) January 21, 2022

https://www.youtube.com/watch?v=YQ_xWvX1n9g

The problem with NFTs is that they inspire people to create 2 hour 18 minute YouTube videos explaining the problem with NFTs. Jesus fuck. Who has less of a life, the NFT owner, the person who makes a two hour-plus video about it, or the person who sits through that fucking thing?