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NFT''s - again? You ARE kidding, aren't you?

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  • BlueFingersBlueFingers Posts: 904

    plasma_ring said:

    If there's one silver lining from this, maybe it's that to make the big money happen a lot of influential people had to admit that digital art has value.

    You can check out the individuals who bought Daz NFTs both on Wax and OpenSea, you can also check what other NFTs they have bought. I had a little browse and they did not strike me as art collectors, more like baseball card collectors, which is what I think the most accurate description of people who collect NFTs.

  • plasma_ringplasma_ring Posts: 1,027
    BlueFingers said:

    plasma_ring said:

    If there's one silver lining from this, maybe it's that to make the big money happen a lot of influential people had to admit that digital art has value.

    You can check out the individuals who bought Daz NFTs both on Wax and OpenSea, you can also check what other NFTs they have bought. I had a little browse and they did not strike me as art collectors, more like baseball card collectors, which is what I think the most accurate description of people who collect NFTs.

    Oh yeah, absolutely--and that has everything to do with why it's unsustainable too, since the market is overwhelmed and the "investments" would only be worth something if they were rare. The individual value of a particular piece grabbed out of the pile is subjective. But a lot of the influential people I heard talking it up approached it like, "Behold! Now all shall appreciate your art for its inherent worth!"

    That was always a load, but they basically pretended NFTs were the first ever way to pay digital artists directly for their work. There's a vanishingly small chance of this having any positive impact at all, but at least a few of them have established they think a mograph is worth $100k as long as nobody else has it, which can be an entertainingly petty thing to point out whenever they don't want to pay artists fairly.

  • PerttiAPerttiA Posts: 10,024

    BlueFingers said:

    plasma_ring said:

    If there's one silver lining from this, maybe it's that to make the big money happen a lot of influential people had to admit that digital art has value.

    You can check out the individuals who bought Daz NFTs both on Wax and OpenSea, you can also check what other NFTs they have bought. I had a little browse and they did not strike me as art collectors, more like baseball card collectors, which is what I think the most accurate description of people who collect NFTs.

    The NFT is more like the casing for the baseball card, you own the casing, it's unique and all that, and the link inside the casing can dissapear when ever, but you still own the casing... 

  • Kaleb242Kaleb242 Posts: 344

    McGyver said:

    BlueFingers said:

    Torquinox said:

    BlueFingers said:

    Ok, but were there really that many threads about NFTs that required them to have a subsection of their own? It looks weird, especially as Daz started releasing NFTs again on OpenSea, which is the more polluting option.

    It implicitly does give a statement, whether there is an intent or not.

    To quote the Vorlon, "The avalanche has already started. It is too late for the pebbles to vote."

    Richard is just a messenger.

    Screwed is screwed.

    I don't blame Richard, never would, I am aware how these type of things work. But I also think my statement was relevant enough to post.

    Same here… in fact I’m pretty sure Richard is part of the resistance…

    Probably the head of it…

    I’m convinced he’s actually a time traveling cat who’s come from a dystopian future to save mankind from itself…

    Just look at his avatar… 

     

    He’s clearly left us clues in his username…

    Richard Haseltine 

    If you rearrange the letters, what do you get?

    Lancashire Dither.

    Who is the most famous person from Lancashire?

    Sir Ian Mckellen.

    What is his most famous role?

    Gandalf.

    Besides smoking pot and lighting off illegal fireworks with hobbits, what did Gandalf most famously do?

    Sacrificed himself fighting the Balrog, dragging it down to the bowels of Middle Earth…

    Next…

    Dither.

    Dither is a term for a form of white noise used to reduce distortion of low amplitude signals.

    Who communicates in low amplitude signals?

    Elephants.

    Who is the most famous elephant?

    Babar.

    Babar was created in 1931…

    If you add 19 + 31 + 16 (the number of letters in Richard Haseltine), you get 82… 

    82 was the code number for Roger Carcassonne-Leduc a well know member of the French resistance who was fond of cats and also used the name “Richard” as one of his aliases.

    There are 21 letters in “Roger Carcassonne-Leduc” which if you multiply by 82, equals 1,722…

    In 1722 French mathematician Pierre Varignon died… Varignon who had a great affection for cats, is one of the earliest advocates for infinitesimal calculus and the author of a mechanical explanation of gravitation, a theory that would eventually lead to the understanding of quantum gravitational forces.

    Without understanding quantum gravity, time travel is not possible.

    Ergo, Richard is actually Felis Meowington the famous time traveling cat who saved mankind from global warming and an invasion of earth by shape shifting octopus birds from the Crab Nebula, and he has clearly left us a very obvious clue that he is secretly working for the resistance.

    Of course now that I’ve blown his cover, things are a bit up the air, but luckily nobody will ever really read this thread anymore so…

    Anyway...

    Sorry if I've made your life a bit difficult... but it was totally worth it for a few seconds of simultaneously looking really smart and bats**t insane.

    Yeah... I'm wondering if this whole thing is a metaphor for NFTs... like the momentary gratification over the long term safety...

    No... I'm too shallow for that.

    McGyver!!!

    Wow, how on earth do you come up with this stuff??
    I'm always looking forward to reading your longwinded "crazy" responses in random forum threads...
    sometimes informative, always entertaining. TL;DR for some... Can't stop reading for others.

    Sir Lancashire Dither, we salute you — vive la résistance!

    I don't think that's crickets in the NFT thread graveyard anymore... cicadas are far more likely. Crunch crunch crunch....

  • vrba79vrba79 Posts: 1,432

    Lets add "Join a cypto fad...twice!" to the mountain of things Daz3D would rather do than update Bryce.

  • Panzer EmeraldPanzer Emerald Posts: 727

    vrba79 said:

    Lets add "Join a cypto fad...twice!" to the mountain of things Daz3D would rather do than update Bryce.

    Or update Carrara.

    Or giving us some kind of update on the status of Big Sur-compatible DS on Mac.

    Or enforcing quality control on their items.

    Or working on sorting out payment processing issues.

    Or update the store so filtering is more advanced/intuitive.

    Basically, they'd rather cram this horsecrap down our throats than actually work on the things they need to work on.

  • ArtiniArtini Posts: 10,284

    Ok, so it is all about CATS - good to know...

     

  • ArtiniArtini Posts: 10,284

    Just one more question without an answer.

    It is all about NFT's art.

    Does anybody know more about Fungible Token Art (FT's Art)?

     

  • ArtiniArtini Posts: 10,284

    Fungible = "(of goods contracted for without an individual specimen being specified) replaceable by another identical item; mutually interchangeable"

  • MelissaGTMelissaGT Posts: 2,611

    McGyver said:

    So NFTs got a whole forum now... I guess that assures nobody will ever read this thread again.

    Cool.

    Well, I guess you have an amazing point...because I didn't even realize there was a new forum...I just assumed the whole thread got deleted.  

  • ServantServant Posts: 765

    melissastjames said:

    McGyver said:

    So NFTs got a whole forum now... I guess that assures nobody will ever read this thread again.

    Cool.

    Well, I guess you have an amazing point...because I didn't even realize there was a new forum...I just assumed the whole thread got deleted.  

    I'm surprised, given that it's likely the bulk of this sub-forum will be crickets chirping or angry posts. 

  • Sven DullahSven Dullah Posts: 7,621
    edited June 2021

    ...another sad story: El Salvador makes cryptocurrency legal tender

    Guess we'll have to find ourselves a new home planet real soon:/

    Post edited by Sven Dullah on
  • MimicMollyMimicMolly Posts: 2,320
    Sven Dullah said:

    ...another sad story: El Salvador makes cryptocurrency legal tender

    Guess we'll have to find ourselves a new home planet real soon:/

    To be fair, El Salvador doesn't even use its own currency anymore (long time ago they had the "Colón"), they use USD now, so they're looking for alternatives.
  • ServantServant Posts: 765

    Sven Dullah said:

    ...another sad story: El Salvador makes cryptocurrency legal tender

    Guess we'll have to find ourselves a new home planet real soon:/

    El Salvador is one of the highest incidence of money laundering in the world. I'm not at all surprised. 

  • mdingmding Posts: 1,640
    edited June 2021

    Have you read it: Thailand bans NFT trading. You can google it...

    Post edited by mding on
  • TorquinoxTorquinox Posts: 4,239

    plasma_ring said:

    Torquinox said:

    @BlueFingers I would be sad to leave here. I like a lot of the people here and there are a lot of items I would still like to buy and use. Daz's commitment to NFTs is troubling for all the reasons stated since the promotions began. I would be much happier if the whole awful NFT thing went away. I hoped Daz would declare it a failed experiment. Instead, it appears they're doubling down on promoting it. What a mess! sad

     

    It does matter what a company promotes, sells, and does. Certain activities can make a company too distasteful to support, even if the support also provides me with benefit. indecision

     

    What sucks is that there probably are long-term applications for NFTs and they will undoubtedly evolve (even if I'm not happy about it). The unsustainable, unrealistic thing is the idea that there's suddenly a massive market for ownership of literally anyone's digital art, and that what market there is will persist forever. Even if people remain interested in buying NFTs of digital art, there is nothing at all unique about the format to make people want one of my work. I'm not famous. There's no bragging rights in saying you own a number attached to a piece of art I've created.

    NFT marketplaces are basically just Redbubble without physical products. If you've ever tried to sell art on a site like that when you don't have an existing audience or an established body of work, you're rolling the dice. It's actually a struggle to sell stuff when you do have those elements in place. Some of the smaller names who were early adopters had their work picked up, but now, like...how is anyone dying to own a link for clout supposed to find you in this sea of random stuff people tossed up? Why would they be interested?

    This isn't saying our work isn't worthy; art is consistently devalued and it sucks. But I cannot fathom the leaps of logic it took people to believe that a stable crypto art market would be any friendlier to small, relatively unknown artists than a gallery. Or Twitter. Or anywhere else. This could be the most above-board thing in the world and you would still have to hustle like mad to get anywhere with the same likelihood of success, especially when the buyer doesn't even get anything for their purchase except a limited right to claim to own your art. The prestige is the only draw!

    I own physical original pieces from indie artists who IMO should be wildly famous and bringing in tons of money and it's actually infuriating to have seen this happen, as though the problem was just that we hadn't found the right internet buttons to push to get art collectors to open their wallets. If there's one silver lining from this, maybe it's that to make the big money happen a lot of influential people had to admit that digital art has value.

    Hi Plasma_Ring, I did appreciate your reply here. Not sure why I didn't mention earlier. As usual, what you say is well said, and you make very good points :)

  • JoltrastJoltrast Posts: 208

    NFTs just make me rather uncomfortable. It's just another easy way to launder money. Even easier than freeports.

  • TorquinoxTorquinox Posts: 4,239

    Agreed ^

  • artxtapartxtap Posts: 174

    Mark_e593e0a5 said:

    NFT's are zero value. It is just a very expensive link to something that might be gone tomorrow (if somneone switches offf the server). I still have no idea why Daz is engaging in such a business. It would be more helpful if they invest in QA and QC on the products they offer. Stick to your business. And do it best you could. THAT would add a benefit. Not only to Daz, but also to Daz customers.

    you and a comedy show point out the bottom basic fact '..It is just a very expensive link..' and '..(if someone switches off the server)... or does not pay the address renewal fee. 401.

  • Richard HaseltineRichard Haseltine Posts: 107,857

    Closed as it is clear no one has anything new to add but soem ar still tying to bump it up, which isa gainst the ToS regardless of the post's content.

This discussion has been closed.