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I'm involved with NFTs as an artist, developer, and trader. Slip ups do happen and I just consider them the cost of doing business. Losses can be mitigated with
by anony23 4y ago
I'm involved with NFTs as an artist, developer, and trader. Slip ups do happen and I just consider them the cost of doing business. Losses can be mitigated with some basic opsec like using multiple hardware wallets, etc.
- lupire 4y ago"basic opsec" and you've already lost 90% of the audience. If you are next positive in NFT world, you are either a scammer or profiting indirectly from the scam. The funds are coming from people getting scammed.
- anony23 4y agoThis is a very myopic view of the NFT space. There's more to it than monkey and punk profile pictures. There's a thriving community of digital artists supporting each other, think along the lines of patreon, etc. Of course it's a moot point to discuss this if you think all NFTs are a scam. I assure you there are different types of NFT collectors with various expectations. My favorite stuff is 100% on chain generative art. Take a look at Art Blocks for an example. There are also thriving NFT communities on cheap chains like Tezos, where the NFTs are very cheap and many folks approach it from a healthy perspective of having fun and supporting digital creators.
- elbigbad 4y agoCould you point me to a thriving community of real people who are artists? Like, a forum of people who are making real art and then selling it? Of course “real art” is a bit of a loaded term, but I mean traditional artists like painters or sculptors (not ${RANDOM_APE}) who are thriving or making their money through NFTs?
- anony23 4y agoTake a look at MakersPlace, lots of traditional artists on there that are selling NFTs. On Tezos there's a budding generative art scene as well.
- cuteboy19 4y agoI don't know about you but most Art communities on Reddit very explicitly ban NFTs and related scams. So it's not just us apparently.
- anony23 4y agoI agree that there are a lot of scammers and aggressive self promoters. They give the rest of us a bad name.
- DonHopkins 4y agoYou lie down with dogs, you get up with fleas.
- arinlen 4y ago> I'm involved with NFTs as an artist, developer, and trader. Slip ups do happen and I just consider them the cost of doing business. Aren't buyers the ones holding the bag over those losses? Because that is one of the key traits of a scam.
- anony23 4y agoNot really, mistakes can happen when deploying contracts or in a million other ways also.
- pbhjpbhj 4y agoCan you give examples of inadvertent losses for sellers?
- anony23 4y agoSellers have to interact with the blockchain too, so all the same pitfalls apply... from phishing attacks to typos, to holding proceeds and not putting them in stables and losing your hat. If you deploy your own custom contracts there are many ways to botch that too.
- TedDoesntTalk 4y agoWhere do you host the artwork you sell?
- anony23 4y agoI'm into algorithmic and generative art on fxhash and art blocks. I also sell digital paintings and animations on makersplace and foundation. I've released some projects on opensea directly as well.