5 ms·

Which is about approximately $240,000 USD. Hrm...I wonder if I should mint some nft's? And so it begins.

anonporridge 5y ago
This is the equivalent of someone seeing how much a Picasso sells and wondering if they should become an artist. For every success, there are 10,000 failures.
- somenewaccount1 5y ago
  That's true, but in the Picasso scenario I actually need to learn to do art. In the NFT case, apparently a 3rd grade level of photoshop skills would do.
  - anonporridge 5y ago
    You could also tape a banana to a wall and sell it for $120k in the traditional art world. https://news.artnet.com/art-world/maurizio-cattelan-banana-collector-1728009 https://news.artnet.com/art-world/maurizio-cattelan-banana-c... Don't mistake extreme technical skill as being the sole reason humans value things. Sometimes, it's just about being the first to effectively convey a new idea, and the crudeness of the execution doesn't matter. And there are plenty of extremely skilled artists that spend decades mastering their craft whose work is effectively worthless, because they're not actually breaking new ground.
    - somenewaccount1 5y ago
      In hindsight, I was making a joke that seeing the value of an NFT has convinced me to make NFT's - and that this is the very cycle which has made NFT's valuable. I was not actually implying that I would literally start making NFT's right now. I did however forget that jokes and humor were against Hackernews rules, and for that I thank you kind sir for the reminder.
  - kristjansson 5y ago
    3rd-grade photoshop and weapons-grade marketing
- isoskeles 5y ago
  s/Picasso/Rothko/
  - somenewaccount1 5y ago
    To make that nft would take me - or my 8 year old niece - no more than 2-3 hours to craft. Learning to mix paint like Rothko would take years.
pornel 5y ago
I think it's more likely that the author of this NFT paid this much to himself. It's the pump phase of a pump and dump scam.

This is the equivalent of someone seeing how much a Picasso sells and wondering if they should become an artist. For every success, there are 10,000 failures.

somenewaccount1 5y ago
That's true, but in the Picasso scenario I actually need to learn to do art. In the NFT case, apparently a 3rd grade level of photoshop skills would do.
- anonporridge 5y ago
  You could also tape a banana to a wall and sell it for $120k in the traditional art world. https://news.artnet.com/art-world/maurizio-cattelan-banana-collector-1728009 https://news.artnet.com/art-world/maurizio-cattelan-banana-c... Don't mistake extreme technical skill as being the sole reason humans value things. Sometimes, it's just about being the first to effectively convey a new idea, and the crudeness of the execution doesn't matter. And there are plenty of extremely skilled artists that spend decades mastering their craft whose work is effectively worthless, because they're not actually breaking new ground.
  - somenewaccount1 5y ago
    In hindsight, I was making a joke that seeing the value of an NFT has convinced me to make NFT's - and that this is the very cycle which has made NFT's valuable. I was not actually implying that I would literally start making NFT's right now. I did however forget that jokes and humor were against Hackernews rules, and for that I thank you kind sir for the reminder.
- kristjansson 5y ago
  3rd-grade photoshop and weapons-grade marketing
isoskeles 5y ago
s/Picasso/Rothko/
- somenewaccount1 5y ago
  To make that nft would take me - or my 8 year old niece - no more than 2-3 hours to craft. Learning to mix paint like Rothko would take years.

pornel 5y ago

I think it's more likely that the author of this NFT paid this much to himself. It's the pump phase of a pump and dump scam.