why?
Discussion
Because they aren't scarce, but they are perceived as if they are while the music is playing... Then it's always the common, uninformed person holding the bag.
Then people like Udi, Bitboy get rich by dumping this nonsense to people.
Then you get labelled toxic for not liking watching people get scammed.
ah you mean itās āselling hypeā but itās all perception?
btw the most valuable art on blockchain are considered (and apologies if you are aware of this):
- generative
- on-chain
- finite editions
- promoted w marketing power
The best implementation of this I still have seen is #[3]ā x makio136 SHAPES project:
You have to ignore the web3 language here to see the important points.
What would be interesting is to graft best practices onto a future project with whatever best-scarce-digital tech emerges but based upon Bitcoin Blockchainā¦and Ordinals seems to be part of propelling these changes rapidly.
Here is why this is dumb.
It doesn't stop the double spend.
And why eth NFTs nuked 99%
I just right click and save, and now I have the "art"
Just because something is ādumbā does not mean it wonāt be done.
Also, please read my points above. I am not advocating for silly jpegs or really anything, but the valuable aspects of solving the infinite-digital-copy-of-art problem, has converted artists into collectors and making a living, and will not be undone. š„ not going back in the boxā¦ignoring or shouting it down, will just mean someone else will do it.
I am the owner of the first NFT on nostr. The confirmation of my ownership is immortalized on decentralized relays. Thereās no need for ordinals to claim ownership of monke jpegs
nostr:note1rsjac3cw5s6gkdme8qvrzrh3cmwjkym0z7esr3un77wjzcnuxfesgr5kfr
Cool!
#[5]
I donāt know enough about ordinals or ntfs.
Maybe you just sell someone the title or exclusive software license, idk enough about any of that end of things. I donāt own any nftās or eth. I like nostr because there is no chain.
Now to talk about the art.
The project Jon linked too has some interesting aspects where you arenāt buying a jpeg but the generative algorithm and I do find the interactive nature of offering the owner regeneration ability interesting, the four series arenāt quite my aesthetic.
My question would be are all the ones issued in for example āslashes v2ā running the same algorithm? If so that diminishes the project greatly for me.
Im also totally appreciate why someone wouldnāt even spend the 5 minutes it took me looking at this link to figure this out, and Iām still left with many questions. Itās highly unfortunate despite me not liking the aesthetic and not really understanding the titles medium, that a bunch of early demos of essentially putting robohash-like work on the blockchain gets in the way of digital artists working in code or working in video even tho just like the rest of the art world, even mediocre is 1 in a million.
There is always gonna be thousands of guys spray painting a crappy stencil of the Eiffel and twin towers in every city with a caned planet and specked stars. And the art world has to do a lot of articulation thatās missing in this example to explain what the hell is going on and differentiate themselves and vocally condemn the brand colabs and 10k piece series, and even more explaining for generative digital work.