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[jason10mm]

I can sorta see the NFT thing taking off. Imagine being the NFT owner for the photos of the flag raising at Iwo Jima or Marilyn Monroe holding her skirt over the grate.

Alas these days it will probably be most valuable for a video of an onlyfans girl who spontaneously combusts or some police snuff film that takes off like George Floyd.

 

[Melon Husk]

You have a piece of paper. A lot of people have signed this paper agreeing that you own that paper. That paper is digital: the content is a bunch of ones and zeros.

 

[EverydayBeast]

Seems like future art

 

[Pagusas]

I understand what they are… but why would you want it if you don’t have a method of collecting royalty/money off the original artwork you own? It’s fake ownership if there is no true value to said ownership.

 

[Cyberpunkd]

Nfts are exactly what you said except they have the ability to prove they are the original. People think original internet pictures are the same as original in world art.

They’re trying to create a market for people to collect and brag.

I can not see a real market forming on this technology but I could be wrong.

Of course there is real market - imagine having a digital frame where you will expose your NFT along with digital QR code to prove it’s the original.

This is just another medium for art, it’s really no different than painting - you can still take a high res picture of Mona Lisa, print it and hang it in your room. That doesn’t make it a real Mona Lisa.

 

[Cyberpunkd]

I understand what they are… but why would you want it if you don’t have a method of collecting royalty/money off the original artwork you own? It’s fake ownership if there is no true value to said ownership.

There is value, you can imagine in the future galleries will be filled with original NFTs on loan from the owners - you cannot display it otherwise as you would be displaying a copy. Same as Mona Lisa example I mentioned above.

 

[DeepBreath87]

There is value, you can imagine in the future galleries will be filled with original NFTs on loan from the owners - you cannot display it otherwise as you would be displaying a copy. Same as Mona Lisa example I mentioned above.

I don’t know. One of the things about physical art is that it is hard to create and difficult to reproduce. It’s almost impossible to repaint the Mona Lisa precisely. You can get a cheap copy, but it will lack many characteristics of the original. The original is unique.

Digital properties don’t really have that quality. A digital image can be exactly reproduced an infinite number of times. Whether you have the original or not is essentially irrelevant. All copies are fundamentally identical.

 

[Cyberpunkd]

I don’t know. One of the things about physical art is that it is hard to create and difficult to reproduce. It’s almost impossible to repaint the Mona Lisa precisely. You can get a cheap copy, but it will lack many characteristics of the original. The original is unique.

Digital properties don’t really have that quality. A digital image can be exactly reproduced an infinite number of times. Whether you have the original or not is essentially irrelevant. All copies are fundamentally identical.

Agreed, however what will you say about modern art? A bunch of squares and lines that could be easily reproduced, yet the originals sell for millions of dollars.

 

[DeepBreath87]

Agreed, however what will you say about modern art? A bunch of squares and lines that could be easily reproduced, yet the originals sell for millions of dollars.

I can’t begin to explain modern art. I don’t think anyone possibly could. All of my theories would revolve around wealthy people laundering their money. But that’s just me grasping to make sense of that insanity.

 

[Cyberpunkd]

I can’t begin to explain modern art. I don’t think anyone possibly could. All of my theories would revolve around wealthy people laundering their money. But that’s just me grasping to make sense of that insanity.

I think as with NFTs it’s a matter of taste - I’m incredibly old fashioned, I like my paintings as 19th century German school - oil, forest, a few sheep, can look at it for hours. Alternatively Lawrence Alma-Tadema, but everything is in a museum.

 

[Dr_Salt]

I think every one understands the concept of NFTs, the confusing thing is why essentially worthless stuff is selling for SO MUCH and what are the people buying it hoping to achieve.

Its a money laundering scheme.

 

[DeepBreath87]

I think as with NFTs it’s a matter of taste - I’m incredibly old fashioned, I like my paintings as 19th century German school - oil, forest, a few sheep, can look at it for hours. Alternatively Lawrence Alma-Tadema, but everything is in a museum.

I think it’s just a game rich people are playing because once you get past a certain point, money is just another thing to play with. And everyone once in a while, some average person gets swept along by the current and ends up a little richer.

 

[Cyberpunkd]

I think it’s just a game rich people are playing because once you get past a certain point, money is just another thing to play with. And everyone once in a while, some average person gets swept along by the current and ends up a little richer.

Agreed, and the funniest thing is how out of whack the market for art is - to give you a scope of reference the most famous watch on the planet - Paul Newman’s Rolex Daytona - was sold for 17.8mlm USD, which is pennies next to paintings selling for 100-400 millions.

 

[zeorhymer]

I guess the narrative that NFTs burning down the rainforest is gone now and people have moved on.

 

[Evil Calvin]

It's one-of-a-king digital item. Sold for stupid money for some reason. But you can just save the image of the item on your desktop or phone and have it for yourself for free. It's so fucking stupid. It's like collecting in the digital age. But no one cares about digital shit really for collecting.