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All of this gushing hype for the future of artistry is transparently performative. Nobody in this tech cares about art or artists, any of the useful functions o
by root_axis 5y ago
All of this gushing hype for the future of artistry is transparently performative. Nobody in this tech cares about art or artists, any of the useful functions of NFTs have long been possible and many orders of magnitude less expensive using public key cryptography or digital signatures.
- eh9 5y agoHasn’t Banksy setup a whole pipeline to do just that?
- VonGuard 5y agoHe also created a painting that, upon being sold immediately shredded itself. They pulled the plug halfway through, though. https://www.youtube.com/watch?v=eXKE0nAMmg4 https://www.youtube.com/watch?v=eXKE0nAMmg4
- jimbob45 5y agoDid they pull the plug? I was under the impression that it was done halfway on purpose.
- ChrisKnott 5y agoIt apparently malfunctioned. He posted a video on Instagram of it a few days later of practice run that fully shredded it with a caption saying something like "worked in rehearsal"
- rbanffy 5y agoIt’s interesting how the malfunction itself created a very unique work of art depicting a moment suspended in time.
- cge 5y agoThe work is actually back at auction now, with a significantly higher estimate than its original sale price. https://www.sothebys.com/en/buy/auction/2021/contemporary-art-evening-auction-2/love-is-in-the-bin https://www.sothebys.com/en/buy/auction/2021/contemporary-ar...
- sumedh 5y agoHow can the battery last so long?
- omarfarooq 5y ago> any of the useful functions of NFTs have long been possible and many orders of magnitude less expensive using public key cryptography or digital signatures. A major useful function being the ability to buy and sell with purely digital money, was that possible before?
- root_axis 5y agoYes? Even if you're exclusively referring to cryptocurrency when you say "purely digital money", it was already possible before the popularity of NFTs to accept cryptocurrency as payment for anything.
- omarfarooq 5y agoI'm saying you still needed https://eips.ethereum.org/EIPS/eip-721 https://eips.ethereum.org/EIPS/eip-721 to appear on the scene to facilitate NFTs, that implementation isn't as omnipresent as the possibility of buying anything with crypto.
- meheleventyone 5y agoBut you don’t need NFTs to sell a digitally signed copy of a picture for say Bitcoin.
- ClumsyPilot 5y agoA cryptographically signed picture may tell you its from a certain artists, but it cannot enforce uniqueness. There are only two options - tokens, and ledgers. Despite the name, there is no such thing as a digital token, because digital objects cannot move, they only copy. So you need a ledger, so basically something like a blockchain, to keep track of copies. https://dergigi.com/2021/01/14/bitcoin-is-time/ https://dergigi.com/2021/01/14/bitcoin-is-time/
- meheleventyone 5y ago
- X6S1x6Okd1st 5y agoEh I have spent ~100 on smaller stuff on hicetnunc. The majority has been on art made by people that I know, and I've really enjoyed the new artists that I've found. I'm uninterested in the NFTs with big price tags, and I'm uninterested in pieces that I don't subjectively enjoy the art of. I care, but I'm guessing you either didn't literally mean nobody cares, or you are going to brush off this counter example for whatever reason.
- root_axis 5y agoWhat's to stop someone from finding a random artist on instagram that produces amazing work and selling it as their own on a website like that?
- X6S1x6Okd1st 5y agoIf the community cares they'll try and find out people that do that and blacklist them. hicetnunc does that, it's the only one I could speak to. That's generally referred to as copy-minting. EDIT: here's the hicetnunc community write up for basic steps to minimize the change you buy a copy-mint: https://github.com/hicetnunc2000/hicetnunc/wiki/Beware-copyminters https://github.com/hicetnunc2000/hicetnunc/wiki/Beware-copym...!
- Godel_unicode 5y agoThis is a lot of words to say "there is by design no way to do that". DeFi systems are all designed around the unspoken (although sometimes spoken, honestly) assumption that rules are bad and that the system should make enforcing them difficult-to-impossible. A fun exercise is to consider, if all businesses went to using *coin overnight and one accidentally overcharged your wallet, how would you get your coins back?
- X6S1x6Okd1st 5y agoYou do realize that replicas are a problem in the real world art world as well right? In real world art this is resolved by proving providence, in crypto providence from minting is trivial, but you still need to prove providence that the minting was honest.
- golemotron 5y agoIf you think this is about tech, I have bad news for you about art dealers.
- ilaksh 5y agoThe guy who came up with the idea and has been paying me for the last few months to build our NFT auction site is a musician trained at the New England Conservatory, working doing performances in a band and as a music teacher, paying out of his savings, and he definitely cares about artists since he is one. Also these systems do use public/private keypairs and signatures (Algorand). https://gifeconomy.com https://gifeconomy.com
- meheleventyone 5y agoBeing an artist doesn't mean you care about other artists. There are a looooot of selfish people out there and they'll often use the trappings of helping people to claw their way skyward.