NFTs (thread now extremely NSFW)

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?

An odd thing about all this is, one of the big blockchains (Etherium) is about to get forked into a new system, called Pulsechain to try and minimise transaction fees, which are getting crazy.

Everyone's coins (of a certain protocol) and NFTs will be duplicated on that new blockchain, whether the owners want them to be or not.

Meaning that the holders of all those NFTs will have one correctly legered, straight-up copy in their possesion, so which one is the real one and surely they'll be unsellable? (if they weren't already, of course) The people behind the fork are not fans of NFT so it could be an elaborate troll.

NFTs are a revolutionary gamechanging technology that allow the artist investor to generate new revenue streams and make connections with collectors in a global community

The long explainer linked by abanana is both very thorough and quite good. It does require a fairly large time and energy commitment to absorb over 2 hrs of densely packed, but well-presented, information. After one watching I might retain maybe 20% of it, but I doubt I'll need to retain any more than that to have a fairly sound understanding of the phenomenon.

i usually dont have time for a 2 hr+ video explaining this stuff but (1) im home with covid all day and (2) im interested in dunk contests against nfts/crypto and this video is good at that

ezra klein had an interview with some evil vampire lady a few months ago about crypto that I thought was pretty good. (I share ezra’s uneasiness.)

Saw this linked elsewhere earlier this morning. It's very good, as Dan's work usually is. Considering this is ILX, the protests that it's a waste of time strike me as funny.

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

i have reviewed all 138 minutes, and it turns out that NFTs (and crypto?!) have some problems

the book he mentions, Attack of the 50 Foot Blockchain, is very good.

i can't believe i actually did watch all of that, ha.

for those who value their time more than i do (mine is valued at 0.00002923 BTC/hour), i'd suggest just watching

section 4 (NFTs exist to get you to buy Crypto, at 39:00 to 58:00, roughly), and the last 5 minutes

it is kind of amazing that you once you know someone's wallet id, you can just send them viruses, lol

i might as well drop this one here- another explainer vid critical of nfts and crypto. i found it interesting:

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

it is kind of amazing that you once you know someone's wallet id, you can just send them viruses, lol

Yeah I was shocked at that too, but not surprised. I came here to post the same vid as it was incredibly insightful. I already had my opinions formed on crypto and NFTs but the long view, behavioral/social interactions and implications as well as historical context of the scene really helped fill in a ton of ambiguity. What a mess.

you are KIDDING me https://t.co/cPrJuF331j

— Ash Sarkar (@AyoCaesar) January 24, 2022

Though apparently endorsed by the player it's modeled on, so ... I don't even know.

https://www.guitarworld.com/amp/news/gibson-nfts-models

You can either spend $10k on a real ES-335 or a picture of one. How to choose, how to choose...

Deeply strange pic.twitter.com/ycilbi1iNL

— James Kelleher (@etienneshrdlu) January 25, 2022

This Fallon clip is legitimately odd, like they’re being held hostage. Dude is so obnoxiously enthusiastic about everything but he just seems so dead inside talking about this

I get it now! Celebrities all instinctively hate each other so Bored Apes are a desperate attempt to manufacture ice-breaking small talk https://t.co/IVqDTofBCc

— KonstantinBoristovich🐮🛠🧝🏼‍♀️🐗👜 (@HardSciFiMovies) January 25, 2022

Somehow I missed that Kickstarter was going Blockchain and the founder that used to post here now tweets about NFTs

Is that true? I was just wondering about him the other day for some reason.

She tells the same old story to everyone that she sees
She's just sitting in her room reading tweets about NFTs

I looked into the NFT malware and it seems that users had to click on two boring-looking confirmation boxes after interacting with the NFT for it to work. OpenSea "fixed" this by putting unsolicited mail into a spam folder.

I bought an ape
I bought an ape too
This is your ape
This is my ape
I like the blue
They're buddies
(Applause)

Apelause

I watched the Fallon clip again and the worst part is when Paris says "I actually bought one too" Fallon acts surprised and goes "You did?" even though there's a print out of it RIGHT NEXT TO HIM. That kind of shit bothers me so much!!

anyway, I finally started delving into that 2 hour video - most of it is stuff I already knew, but it's good. dude has done his homework

https://henrydiltznft.com/

Even when I read apparently smart, creative people talk about NFTs, it still evaporates into this aspirational haze.

Why are you entering into the NFT space right now?

Holly Herndon: That's a really good question. We've been working with machine learning for a long time, and with the last record we framed our ML work as a baby as it was still so nascent. As our tech has matured, we came up with this idea to create “Holly+” as a kind of digital twin of myself, which we will be sharing in the coming weeks. This was exciting for many reasons, especially since the idea of vocal ownership is something that I was researching in my PhD pretty heavily. In the future, I think people will be selling models of themselves, or of their vocal and physical likenesses. Similar to the way that my own voice has been under contract for the last 10 years with my record label, I see things heading towards an AI version of that.

It's an interesting legal and cultural question of, ”What does it mean to have a voice and own it?” Our solution to that question was to share it. We thought that this would be a great opportunity to create an actual DAO as a culmination of years of different research threads, many of which have collided now that a lot of infrastructural tech has come about—meaning it’s now something that we can actually implement.

https://foundation.app/blog/holly-herndon-and-mat-dryhurst

In the future, I think people will be selling models of themselves, or of their vocal and physical likenesses. Similar to the way that my own voice has been under contract for the last 10 years with my record label, I see things heading towards an AI version of that.

this doesn't sound aspirational or vague to me (or smart). it seems very cynical and unhuman. one basic thing about NFTs is that it's about making everything imaginable a token and putting it on the market for trading. for a lot of people (me), that alone triggers an incredibly negative reaction. but for a lot of other people, i guess holly herndon, that's a feature. she seem her "own voice" under contract for the last 10 years and wants to explore that more by creating additional contracts that she can benefit from. cool

So can you buy Holly+ and use her voice to make your own albums? And if so will we be here arguing about the authenticity of the songs and calling people fleshists?

the article writes itself. don't forget to mention autechre's current practice

holly herndon probably admires jeff koons

We thought that this would be a great opportunity to create an actual DAO as a culmination of years of different research threads, many of which have collided now that a lot of infrastructural tech has come about—meaning it’s now something that we can actually implement.

vs

"Do you suffer from rheumatism? Lumbago? Acute, chronic, sciatic, uh, neurologic, or inflammatory pain? Well, I represent the only company that makes the genuine article that cures, headaches, neuralgia, uh, earache, toothaches, backaches, swellings, sprains, sore chest, swelling of the throats, contracted chords and muscles, anxieties, and ravaged nerves, stiff joints, wrenches, dislocations, cuts and bruises! And, it adds vitality and vigor to the healthy man."