NFTs (thread now extremely NSFW)

hey that two-hour video was good

This is not important for the thread obviously, but this bit from that Caesura piece was disqualifying for me:

The lessons of the past have not been learned. Just fifteen years ago, we were all in a flurry about the democratizing potential of social media, especially after the Arab Spring, the liberatory trajectory of Second Life, and the liberating decentralization of post-Fordism/late neoliberalism, only to be embarrassed upon the discovery that populism does not lead to utopia, Second Life was a dud, and post-Fordism is largely responsible for current supply chain issues.

To be nitpicky, the Arab Spring began in 2010, Second Life in 2003, post-Fordism in the 1970s (or earlier depending who you ask), and "late neoliberalism"...well I'm not sure what that is trying to refer to, but if your main problem with post-Fordism is "current supply chain issues" you are a sociopath.

This is also nonsense:

The NFT phenomenon is a social, not technological, phenomenon emerging from the new money of the 21st century — the tech sector — working out its own culture and aesthetic tastes as an alternative to the self-critical or self-defeating aesthetic culture that has been dominant since the emergence of liberal society in the 19th century.

There are some solid points in the rest, but idk

I finally looked up the etherium NFT standard today. Turns out you don't even have to include an URL or a description.

"We remind implementation authors that the empty string is a valid response to name and symbol if you protest to the usage of this mechanism. We also remind everyone that any smart contract can use the same name and symbol as your contract. How a client may determine which ERC-721 smart contracts are well-known (canonical) is outside the scope of this standard."

That last sentence means, I think, that how you know the NFT is the One Official NFT is not in the standard.

correction: they do need to include an URI, which as of this year is always an URL.

xp rob

second quote definitely is nonsense, ha. first quote, remember they're writing about the relationship between decentralization and digital art, not about the history of presidential administrations.

Yeah, I don't totally buy everything from that Rojas piece, but I thought it was pretty interesting.

the history of presidential administrations

?

not sure if you're kidding—sincere apologies if so!—but Fordism refers to Henry Ford (and his method of organizing production) not Gerald

it is me who is not loling now, i'm a fool! i should do more than skim, sorry.

sometimes when i log into ilx in the morning and see 20 bookmarks, i don't give it my all, sad lol

Plz prioritize NFT thread, thx.

haha no problem Karl, honestly it was a bit tryhard grad student of me to post that anyway

Anyone wanna buy my NFT of this sign?

https://cdn.theatlantic.com/assets/media/img/posts/9777235064_8c0259fc59_c.jpg

What Is $OBEY?
The Obey Giant project has always played with and explored concepts around consumerism, capitalism and value – both the value we place on things and the value placed upon things by others. Street Art at its very core balances experiences and objects... 1/

— Shepard Fairey (@OBEYGIANT) January 28, 2022

What can you do with $OBEY?
Initially, holding $OBEY tokens will grant you access to gated sections of the Obey Discord which will be the primary place where future usages will be announced. 5/

— Shepard Fairey (@OBEYGIANT) January 28, 2022

Burn down the Amazon to get a better Patreon tier on the Discord to find out more tokens you can buy to get to the next tier!

Reading about/trying to understand NFTs feels to me like trying to understand this

https://www.youtube.com/watch?v=2ydd9Z4p8mM

i've almost finished watching the "Line Go Up" video posted upthread. it's a very thorough, well-reasoned takedown. i'd like to see someone attempt a rebuttal, might look for one when i get through the rest of the video.

Idk if the community (if there even is one) would have the wherewithal to make a reasoned counter-argument for NFT.

The closest thing you might find is this guy, who is the equivalent of Elon Musk, but in crypto, explaining why he *doesn't* think they're worthwhile.

https://www.youtube.com/watch?v=tK5aDgopt9o

The Troemel NFT Report is worth watching, I think.

where do crypto heads hang out online?

discord

invest early to gain access to special discord invite-only channels, where you can figure out what your crypto will do

It seems to be more on Telegram for some reason.

https://www.rollingstone.com/culture/culture-features/seneca-bored-ape-yacht-club-digital-art-nfts-1280341/

lol NFT equity loans.

the economy is absolutely fucked pic.twitter.com/OAxyZ3Aoq3

— posting eternally 🧊 (@postingwhilegay) January 28, 2022

fortune favors the brave god loves a fool

you just know they're gonna use that loan to buy more nfts

the most depressing part about celebrities buying these things is when they pretend they actually like the art

The art really might be mindblowing to Jimmy Fallon.

the most depressing part about celebrities buying these things is when they pretend they actually like the art

they're being paid to

Yeah I just assumed the celebrities shilling NFTs were being paid to.

"just LOOK at this badly drawn cartoon monkey"

https://i.imgur.com/88qe8TZ.jpg

finally decided to mute "NFT" on Twitter, looking forward to living a nice, quiet life of simplicity and contemplation, kind of like a modern day Thoreau

But what if the National Film Theatre announces their summer season?

If you could own color on the blockchain—and earn royalties from it each time an NFT that uses those colors trades, which colors would you mint? This is what we're going to make possible at the upcoming @colordotmuseum NFT market.

— Omar Farooq (@curator1of1) January 29, 2022

Buy the sky and sell the sky and bleed the sky and tell the sky

"Who owns the color blue?"

A question a child might ask, but not a childish question...

https://www.businessinsider.com/colors-that-are-trademarked-2012-9?op=1

"The color PURPLE is a trademark of 3M," reads a 3M box, BoingBoing reported in 2010.

https://legendsrevealed.com/entertainment/wp-content/uploads/2016/04/prince.jpg

I tried muting NFT, crypto, cryptocurrency and blockchain but Twitter still recommends me cryptocurrency posts all the time

Good one

pic.twitter.com/MMsHl7DJ8I

— Crypto Bros Taking Ls (@CoinersTakingLs) February 1, 2022

imagine having to report a monkey avatar as income for tax purposes

I’ve only dabbled in the space, but the taxes are still confusing. Ultimately I’ve funneled most things through Coinbase, so I’ll go with whatever they send me on the 1099 and hope for the best.

IRS, don’t read that.

https://i.imgur.com/xYFabrm.png

Uh so Hitpiece then! What the fuck.

good thing it's all anonymous so nobody can be held accountable

/s

MC Serch being revealed as the guy behind Hitpiece is fuckin hilarious

I give it the gas face

anybody know how i can remove my band's music from hitpiece

https://supportcenter.godaddy.com/Infringement

twitter says you can probably bug godaddy (they're apparently hosting it) to take action at this link. what they've done is so big and blatant a lot of people are very mad, they're probably going to get sued out of existence very quickly. the magic blockchain thinking says "we're not selling the actual music, just a link to the spotify page so we're not violating any copyright" but there's still album art, trademarks, likeness etc. that people can take legal action on.