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We are still working on the impact of proof of work networks, gas fees... and there are quite a few obviously inflated assets that will in time find their way b

We are still working on the impact of proof of work networks, gas fees... and there are quite a few obviously inflated assets that will in time find their way back to earth. But people finally funding the arts... digital goods with provenance and attribution... all with easily accessible secondary markets, complete with game-changing royalty fees. What's not to like? These rants are seriously getting old.

xchaotic 5y ago
Why do you think you need the complication of blockchain for people to pay for art? Also a technicality but they’re paying for the NFT of the art not the art itself and some fees, which is not optimal.
- brunorsini 5y ago
  You don't need it. You don't even "need" art. But: a) it's working, at least for now, and it certainly wasn't before (music label owner here, friends with many professional artists) b) decentralization really does have a few important use case advantages — one can use the asset all across the internet while exhibiting provenance, etc.
  - Kaze404 5y ago
    > it's working, at least for now, and it certainly wasn't before Does this include the people whose art is simply downloaded off Deviantart to be sold by a third party as an NFT? Doesn't sound like it's working to me, especially if you consider these things aren't even used enough to be relevant.
    - brunorsini 5y ago
      Again, yes, there are many problems yet to be solved. But on the subject of piracy, it is still pretty rampant even on major platforms like YouTube, to this day — but less so than when they started out. Very fair to expect a similar trend here.
      - Kaze404 5y ago
        Piracy on YouTube decreased due to more accountability, not less. These don't seem like similar situations in the slightest.
ostenning 5y ago
> What's not to like? The community. People in crypto are delusional that it can somehow save the world from itself, at least they believe this in the bear market, and of course as soon as the bull market comes they flip ideology and rotate into fiat. The Cryptosphere is a sess pit, full of scammers wanting to get rich quick. They will pump money into NFT platforms, not because they care about "funding the arts", but because they want to jump on the next hype train so they can flip some meaningless and hideous procedurally generated art by some 14 year old kid who wrote a script.
- brunorsini 5y ago
  I agree there are lots of scammers on the community. But were you on the internet in the early 90s? Do you remember the type of jpegs that got shared around on IRC, pretty much making their way to your hard drives whether you wanted to see them or not? Yet here we are, having a highly civilized debate on the free, powered by a series of magic tubes. This is just the start and decentralization does have tangible advantages.
  - shabier 5y ago
    Spot on. It was easy to criticize the internet back then and the criticisms made sense. The tech has matured a lot since then and we're more online than ever. Every community will always have bad actors, it's unfair to judge the entire community because of them
- unfocussed_mike 5y ago
  > The community. 100% this. A basket of deplorables.
- Kiro 5y ago
  I think you have bull and bear mixed up. > hideous procedurally generated art by some 14 year old kid who wrote a script That's unnecessarily condescending. Don't let your anger toward crypto spill over on the computer generated art scene. If my 14 year old wrote scripts, let alone made procedurally generated art, I would be extremely impressed and proud.

xchaotic 5y ago

Why do you think you need the complication of blockchain for people to pay for art? Also a technicality but they’re paying for the NFT of the art not the art itself and some fees, which is not optimal.

brunorsini 5y ago
You don't need it. You don't even "need" art. But: a) it's working, at least for now, and it certainly wasn't before (music label owner here, friends with many professional artists) b) decentralization really does have a few important use case advantages — one can use the asset all across the internet while exhibiting provenance, etc.
- Kaze404 5y ago
  > it's working, at least for now, and it certainly wasn't before Does this include the people whose art is simply downloaded off Deviantart to be sold by a third party as an NFT? Doesn't sound like it's working to me, especially if you consider these things aren't even used enough to be relevant.
  - brunorsini 5y ago
    Again, yes, there are many problems yet to be solved. But on the subject of piracy, it is still pretty rampant even on major platforms like YouTube, to this day — but less so than when they started out. Very fair to expect a similar trend here.
    - Kaze404 5y ago
      Piracy on YouTube decreased due to more accountability, not less. These don't seem like similar situations in the slightest.

ostenning 5y ago

> What's not to like? The community. People in crypto are delusional that it can somehow save the world from itself, at least they believe this in the bear market, and of course as soon as the bull market comes they flip ideology and rotate into fiat. The Cryptosphere is a sess pit, full of scammers wanting to get rich quick. They will pump money into NFT platforms, not because they care about "funding the arts", but because they want to jump on the next hype train so they can flip some meaningless and hideous procedurally generated art by some 14 year old kid who wrote a script.

brunorsini 5y ago
I agree there are lots of scammers on the community. But were you on the internet in the early 90s? Do you remember the type of jpegs that got shared around on IRC, pretty much making their way to your hard drives whether you wanted to see them or not? Yet here we are, having a highly civilized debate on the free, powered by a series of magic tubes. This is just the start and decentralization does have tangible advantages.
- shabier 5y ago
  Spot on. It was easy to criticize the internet back then and the criticisms made sense. The tech has matured a lot since then and we're more online than ever. Every community will always have bad actors, it's unfair to judge the entire community because of them
unfocussed_mike 5y ago
> The community. 100% this. A basket of deplorables.
Kiro 5y ago
I think you have bull and bear mixed up. > hideous procedurally generated art by some 14 year old kid who wrote a script That's unnecessarily condescending. Don't let your anger toward crypto spill over on the computer generated art scene. If my 14 year old wrote scripts, let alone made procedurally generated art, I would be extremely impressed and proud.