/biz/ - Business & Finance

NFTs are interesting, however when I see their prices I cannot justify it.

Example;
5/400 monalisawannabe costs 5eth+ wtf?

>>29729146
Cryptopunks are blue chip. Beeple is similar. Watch his auction at Christie's over the next week. Wouldn't be surprised to see anywhere from 20 to 100 million. Join NFT Twitter and lurk. You will find projects and artists first. Good luck, anon. You're early.

>>29729529
whats christies auction?
nft twitter?

Wtf is nft?

>>29729646
Christie's is a very serious art auction-house. Like NYC establishment no bullshit gallery. Look up Beeple Christie's. There's an article in the NY Times

That makes no sense, it is just pixels in a screen, what is the point. I could print screen it and have something similar, if I really want something equal I could vetorize it by my own hands and have unlimited quality.

>>29729705
cheers, what about that nft twitter? link/name pls
>>29729723
the concept is pretty good, imagine, so many can do such good imitations on monalisa, but theres only one genuine copy, now think in blockchains.

>>29729723
I mean you can say the same about real life drawings. What's the point of paying money for them when you can just run a drawing through a photocopier?

>>29730009
#nft on twitter. Explore. Follow people with cryptopunks as their avatars, artists represented by superrare, makers place, or nifty gateway (though those 3 will be pricier, dig deep in rarible for hidden treasure). You can do it anon!

>>29729723
To explain it a little better... You could, but it'd be worth much less. The blockchain backing of NFTs becomes sort of a "Proof of Authenticity" in this sense. You could have a baseball signed by Babe Ruth, but unless it was looked into and given proof of authenticity, it's worth much less.

link anon has nfts of a new video but i think he is asking the equivalent of 5 million dollars last time I checked

>>29730116
cheers fren

>>29730009
That makes no sense to me, I am unable to understand the concept. Monalisa is unique and it is composed of more than 20 mols of molecules arranged in a unique way, that sorth of information wouldn't fit all the HDs we have build until today. Also that is a rare item that can't be copied due to today not existing the same painting techniques and colors as in the past, also it was made by a unique person that also has great impact in our culture today.

I honestly don't get the point of selling digital art that could be copied an infinite number of times.

>>29729146
Just imagine, someday we will have glass tables we can display NFTs, play NFT cardgames , NFT boardgames, etc. Someday there will be glass canvases that display NFT digital art, pictures, videos etc. NFT’s are the fucking bomb

>>29729146
Explain how I could not easily copy them.

$MCDC

https://nonfungible.com/market/history/0xuniverse?filter=nftTicker%3DPLANET&filter=saleType%3D&length=10&sort=blockTimestamp%3Ddesc&start=0
this has got to be some kind of tax scam who pays 150 dollars for this?

I really don't get the concept guys, this looks as absurd to me ass those old anti-piracy propaganda, where they would state shit like "would you download a car", of course if would download a car and that would not be steeling, I download all the games I can fuck copywriter from oligarchy companies.

>>29730559
You could copy an image but your image would have no value. You can proxy all the cards you want but their value is far less from the original if it even has a value

Biz needs to swallow its pride and start buying NFT platforms..Many of them are like getting into defi last year. Many will 1000x.

>>29730489
Okay this is making me bullish. I got some decent art myself for sale. Might not want to sell anymore

>>29730674
Ok, why would anything that could be easily copied perfectly in a non distinguishable way have value?

>>29730628
explain why I can't just copy Black Lotus and be a millionaire overnight.

>>29730674
A copy is a copy. An image is an image. The question is why people are paying THOUSANDS of dollars for memes. This shit is a scam

>>29729146
NFT cardgames when?

>>29730773
Well you can, if you do it perfectly, I also don't understand why north Korea haven't printed their own black lotus. The price of things come from the energy that would be necessary to spend to make a copy of it. At least that is my point of view, I am been really honest, I am unable to understand the concept.

hello..Wtf is an NFT

>>29730820
>>29730674
This is like the "Rare Pepe" meme but for real

The real applications of NFTs are things like CS:GO skins or something like that. I was going to say they could be used for music copyrights etc. but we all know how that goes...

>>29730468
See my layman's explanation:
>>29730221

>>29730820
Imagine any collectible. A toy, a card, decorative plates, a painting, doesn’t matter. It can be copied as much as anything else. But now add a serial number than cannot be copied ever. That’s it.

>>29730890
Hello my friend. Have you been to google.com lately? Normally I would explain something like this, however your laziness is extremely heinous

only one token ever made
you pretty much "own" the piece which only you can do whatever you want with it
and all of this is legitimized by the blockchain
>pic related

>>29730955
I see how it can have certain applications. But if some deviantart autist makes an NFT of his epic steampunk fursona, I could just copy the image and post it wherever I wanted. People are acting like their microsoft paint artwork is worth money and its stupid. You know what's actually worth money? A piece of art, printed on canvas and framed.

I mean look at this shit >>29731059 What the fuck man.

>>29730766
Because its the original, you can trace its history back to the day the piece was conceived. The fact you have an original and can prove it is something for whatever reason feels much better than just having a clone. I think its cool that 2 or 300 years later someone can see the history of the piece since it was made, and unlike a copy, you can resell it for more than what you paid.

>>29731214
you can also print out mona lisa
doesn't mean you own the original piece
why bother buying art if you can just find >muh pretty paintings on google image and print them out

>>29730926

This is my point of view on value
>>29730857

This is a honest question I have
>>29730766


I would also like to question, for you guys, where does value of things come from?

If I had the proper machinery and materials I could print a black lotus, if I could give the same chemical characteristics as the originals ones it would be indistinguishable and worth the same price. How would somethings that can be easily copied worth so much? Black lotus prices are also dangerously high, some day the price to obtain machinery and materials to make one indistinguishable from the originals will be less then the value of a original one, that day some one will make a copy of it.

>>29730682
I'm in PRT but it's been bleeding out for days. Clinging to my bags anyway. I also have a real nice stack of OMI that's already doubled my money.

>>29731214
Ahhh I understand if NFT's are just limited to static images. But most of them are animated:

https://app.rarible.com/

Just browse here for a bit and you'll see what I mean. Are you able to copy these?

>>29729146
Ive been minting some nfts on Rarible. Mostly memes and psychedelic shit.

>>29731400
i wonder if the idea of it will die out in future generations

>>29731214
There are a lot if not all artists in the nft market are trash, but if this catches on then illustrators like dave rapoza or craig mullins can resell their digital art at a much higher price than they would without.

>>29731214
dude, you're seriously confusing copy and OWNERSHIP.

I get your point about the shit art tho, it's just a wild west right now, but it'll mature, keep an open mind. Also, are you by any chance a balkanbro? if answer is yes, this explains your attitude.

>>29731553
is it easy to mint your own art?

>>29731480
You can record your screen...

>>29729146
How possible would it be to start making NFTs to buy more crypto? No artistic skills, but I have used photoshop before

>>29730221
Has anyone successfully flipped some NFT's though?

>>29731561
I mean the concept is certainly cool
the whole world of collectibles is huge, I don't think it's impossible that even a small % of them will collect digitally as well.

>>29731647
it costs around 80$ depending on gas fees

>>29731652
You're kind of straying away from this topic anon. By your logic then, nothing has real value if it's uploadable, so this isn't limited to NFTs. Yeah, you can record your screen, so technically it's a waste to buy music, it's a waste to buy TV shows, movies, video games, since if it's online you can copy it. But regardless, people DO buy these things because if they didn't, there would be no incentive for creators to make more. NFTs are no different than paying for Netflix or buying a movie, or a video game on Steam.

>>29731734
NFT's would work best for digital card games imo, there is actually a use for them aside from admiration and having a special "gloss" can hold extra meaning when one is in a tournament or whatever.

>>29731590
Could you explain to me the difference of a copy and the original one? Aren't both the same at my monitor screen? The only difference is that one is on the blockchain, so what? How that would give any more value to it?

People would sell gifs when I was a kid, but they would be shown as jpeg, when you buy you would receive the gif. But you could share it then.

>>29731817
comparing NFTs to pay-to-view service is equal to comparing NFTs to museum ticket.

NFTs are about OWNERSHIP.

>>29731400
You pay 1 ETH for >>29731059

What do you have? You have nothing. You have a new wallpaper. Its not even comparable to a real piece of art.

>>29731434
>If I had the proper machinery and materials I could print a black lotus, if I could give the same chemical characteristics as the originals ones it would be indistinguishable and worth the same price.
Yes, you could do that. If you're silver tongued enough you can definitely sell it as the original. Problem is, especially in this day and age, collectors tend to put a lot of weight on authenticity. This includes previous hands it has passed through. The blockchain covers transaction history of the item as well as its authenticity.

i.e: if a random artifact suddenly popped up presented by a person with zero experience in methods of verification, it's not going to be immediately accepted. The discovery would be heavily scrutinized before any confirmation is made on its veracity.

ive been putting some videos on rarible, there doesnt seem to be a large videography space on it yet. not trying to sell anything just yet (I dont expect someone to pay 10 ETH for an NFT at this stage), but i think its gonna be important in the future
https://app.rarible.com/bigatlarge

>>29731817
I don't pay for any of that shit... if people pay is because they wasn't to contribute to the institutions that make those, because there is no point, you can find more things in soul-seek then at streaming platforms.

I guess this is a generational things, I can't conceive to pay those stuffs, I use torrents since I was a kid, I never paid for any of that.

>>29729146
>cannot be copied and are unique
OP you literally just copied them for free and now all of us can also download a copy for free

>>29732004
Ok, now I am starting to get it. Maybe in a few days I will think again about this and have a different opinion. Thanks a lot for sharing your thoughts.

>>29729146

99% of NFT art is trash, do your research and find artists who were already prolific before everyone started minting shitty photoshops or blender 3D tutorials. Buy from artists directly and only stuff you genuinely love and wouldnt mind holding to $0 because thats where a lot of this stuff is headed

>>29732111
You can attempt to sell it, but it will have no authenticity or transaction trail.

>>29731787
thats acceptable I guess

>>29731891
Everyone can view it, everyone can copy it. However, you cannot fake or copy the blockchain ID behind the genuine copy.

>>29732152
No problem, and I get that it's strange. Collectors are weird, some things take off and others don't. As another example, people would pay huge money for a verified 1st Edition Charizard, but would not be willing to pay nearly as much for an unverified one. Sure, you could have found it in your old childhood collection, but you could have copied it too. That drop in price is the collector taking on the risk that it may be a fake. If they get it verified and it's a fake, the only way they're selling that is if they trick someone else.

Yet, nobody gives a damn about Beanie Baby's after the craze. A lot of collectors picked a dead end where even verification doesn't mean much. NFTs are going to have both types moving forward. There will be thousands of worthless "Beanie Baby Tier" NFTs, but a few "1st Edition Charizard Tier" NFTs will emerge. The latter will have bigger name creators and longer transaction trails as it's resold over and over.

>>29732515
But why would someone pay out the nose for a 1st edition hokey-con card if they didn't have the physical copy in hand. I understand why someone would do it for a digital asset like a cs:go knife

>>29732515
It is funny, because in the end you are just buying the cryptographed data in the blockchain. With that collectible cards you would be buying the price to verify it is a original one, it would be like a transaction fee that would make the price higher.

>>29732515
basado, this anon gets it. I'm all ears for the first big pokemon/fortnite level nft collection, right now its full of shit.

>>29729685
its like digitially signed art. verifiable over blockhain but doesnt have to be art desu.

I'm a designer and artist who's been fucking with NFT as of this week and I'm still not convinced that it isn't just retarded and setup to suck gas from people like me. In order to have your shit listed on OpenSea so people can see it, you have to be verified, and to be verified you really need to make a sale. Without an existing audience who fucks with crypto, you're basically left in a chicken and egg scenario where you need to make a sale but can't have your shit seen by anyone without making a sale. Instead you are expected to post a link directly to a buyer. My Instagram followers aren't buying something in ETH, and I get paid more in USD for my designs than I am selling my shit for in ETH... So what's the fucking point from my side of the fence? All of the "I just signed up and sold 5 things" seem like total shilled bullshit to me.

>>29729529
Beeple is a degenerate self hating white cuck. Hope he gets convicted of abetting money laundering which is all this NFT bullshit is.

>>29733014
that's because cryptos are still a baby, nfts might be slightly ahead of their time anon

>>29729146
>take screenshot
>NFT duplicated
>???
Profit

>>29732199
What utility does "owning" it give that I don't get by just downloading it to my phone?

>>29733210
No anon you don't understand, blockchain technology has made this previously worthless garbage art suddenly valuable.

P.S. Please don't copy my picture please, it is mine

>>29733154
Narrator:
>they weren’t

NFTs are going to be pretty big in a few months or years. The NBA is already making tons of money and now Capcom got in the mix with their NFT. I hopped in and bought a few packs at launch. I have sold a few cards for a few bucks but I'm mostly holding for the long run or at least until series 2 releases. Best thing about NFTs is you OWN the token. A dev can make a fighting game where you use NFTs and you would be able to use your Ken CE card to play it without legal issues. This is the beauty of NFTs. A clear line of ownership and authenticity that can be verified instantly.

>>29732692
I ask myself everyday why lootboxes and micro transaction skins took off the way they did anon. Like I said, collectors are weird. You will get dedicated people that collect every videogame skin they can in certain multiplayer games. CS:GO skins are a stupidly lucrative market. People will sell and buy MMO accounts with limited edition items and mounts. It's nuts, but the market exists. Nothing in any of these cases physically gives you anything, but people still buy and value it.
>>29732757
In most cases, yeah. There are some options that are looking towards NFTs actually attached to physical items. The NFT market can very easily expand into things like deeds and land ownership too. At its most basic form, you're paying for a verified transaction trail and authenticity + the art/item/etc you're buying. If you've ever sent a card in to get verified, the big names also tend to charge premium fees to grade them. Better known and respected companies verification will give more value than a lesser known.

>>29733323
No one is going to buy the JPEG on your phone. The token thats associated with the art is saved on the blockchain, no way to counterfeit that.

>>29731059
lol did someone buy this?

>>29731059
You should really look into New York modern art.

What's the best way to invest into nft not necessarily the actual art or whatever they are selling but how can one invest in the industry and make money from it when this blows up?

>>29729146
this is just so fucking retarded i cant get over how fucking retarded this is

>>29730682
a few of us have been shilling MUSE here for months and no one listens

>>29733889
Rarible ($RARI)

>>29731400
the mona lisa is a physical painting in the real world

a tokenized art asset is a .png image on the internet that anyone can fucking screenshot

>>29733580
You mean new york money laundering

>>29733998
I got a friend who farms TF2 for cards. In 2021. Yeah I can see someone buying a tokenized image of vidya thotties online. Its in inevitability for the crypto markets.

Ok I can grasp the concept and I guess it's a cool idea. Fuckers have been paying millions for shitty art for centuries.
So like.....original copies of floor plans for really fancy houses could be an NFT? is my boomer brain comprehending this correctly? Pretty much anything digital/virtual, right?
So how would one go about "putting" something like this on a blockchain? Are all NFTs on the same blockchain?
Pic related, it's me

>>29734109
But you can't copy the token. Thats the point. You can copy the image, but the token that validates it as an original cant be faked.

>>29729146
>nft sells for 4.5 eth
>unique, no one else has it
>take a screenshot
>share
>nft fucking worthless

>>29733889
See what rich people are buying, it will be what will be most valuable. If it is like paintings. Van gogh wasn't recognized while alive, only after having historical value (been an influence to fauvist movement) his paintings started to have value. So it is pretty much what artist will influence more other future artists. And what rich people are paying high prices.

>>29731891
thats cause you're not a burger, and its reasonable. Burgers have a lot of money man, so they can afford to pay for shit. Movies, vidya, music, whatever the fuck, they pay for it. Its the number 1 consumer nation on earth. They'll fucking buy all these NFT shit and whatever shit is cool next, no problems

>>29734203
but the "original" and the copy are exactly the fucking same. they're both just images on the internet. so by buying the token you get to have the bragging rights that you officially own the image?? is that what you're buying? this is just so fucking retarded

>>29734326
was answering this >>29732049

>>29729146
You can literally copy paste that shit retard. It’s less valuable than epics in wow

Ready to drop 2k into this cause it is def going to blow up so is rari just the only way rn or just buy up a bunch of artwork and hold it then sell in a few years?

>>29730041
Cause you can distinguish between real thing and a fake. Nfts are literally zeros and ones. You’re paying for a unique block in blockchain not piece of tangible art

>>29730922
>they could be used for music copyrights etc.
Wait, WAAAAAAAIT
HOLD THE FUCKING PHONE
SAY THAT AGAIN, ANON
Could this somehow kill the copyright-claiming jew? Is this the answer? Is it just me or do all the answers to jewish monopolies lie with this kind of blockchain/decentralized tech?

>>29734362
Theyre not the same, one is tokenized and the other isnt.

>>29730041
spoken like a true pleb who has never seen and appreciated a piece of original artwork

Imagine being retard enough to waste cryptos on literally a low quality pic

>>29734602
oook bro. good luck with your scam. i'm sure there are a bunch of morons out there you can get to buy your png files somehow

>>29734680
Might as well try your luck with a bsc scam token

>>29734381
>>29734362

>>29734522
This.

Think of each and every single NFT as its own token and you'll start to grasp the idea better.

>>29734602
>responding to people who clearly don't even understand what a blockchain is
Just ignore em, they'll leave the thread when they stop getting (You)s

>>29734680
they're not wasting it they think they can sell it to another retard at profit

I made a gif nft. Will any frens take a look

>>29729146
fucking stupid

>>29731817
>technically it's a waste to buy music, it's a waste to buy TV shows, movies, video games, since if it's online you can copy it.
You are right, only white guilt betas pay for that shit

>>29734777
Go ahead, but I am not paying, if it is really good I might steal it.

>>29734556
Yeah and its already being done. It could also be used for things like government contracts. Stupid card games are just the beginning.

>>29729146
Biz is getting more retarded everyday

>>29730926
>>29730221
No one gives a fuck about your le authorized deviantart screensaver number 526629049. Babe Ruth was a real famous person and his shit is unique. If I can copy paste your nft then who outside of retards who salivate over epics in wow cares about it? I keep bringing epics in wow cause I’ve seen the same mental retardation of people who can’t distinguish between things that are real and pixels on screen. If you think they’re the same get a sense of perspective and stop being a retard. Just imagine going to someone and saying
>I got this screensaver that everyone has but I paid 50 grand and I am the original owner cause a string of digits says so
Maybe one day our society will fully become an idiocracy of zoomers but till then it’s lame as fuck

>>29734825
non-fren

>>29730674
>I paid for this game so I’m BETTEEEEER
Cringe

nft aesthetic needs work but its a cool idea

>>29729146
shilling a project I'm working on cause why not:
flowerpatch.app

Friendly reminder to add NFT to your block list

>>29734798
I have to be honest, I bought games of my child hood at gog, just to play again and keep the save forever. And those would need shittons of fixing and moding to work at win10, gog does those things.

>>29731276
No one cares. This kind of nerd talk makes me wanna bully you bro

>>29732769
>I'm all ears for the first big pokemon/fortnite level nft collection
yeah you and everyone else. A legit tulip mania will develop no doubt.

>>29734941
lmao

>>29734203
No
One
Gives
A
Fuck
About
The
Token
You’re not gonna impress whores or chads by salivating over your pixel tokens most normies don’t give a single fuck about

>>29734903
Hey anon, I guess you gave me some flowers long ago, but I thought it was a scan, I didn't even have a proper wallet to see it.

>>29734916
I purchased games when there wasn't other way around, but once emulators became a thing I said why bother? I come from a poor family so spending on that shit it's almost seen as a sin

>>29734777
sure might be cool

>>29734835
The point of the example wasn't Babe Ruth. It was the authenticity of his autograph. It is worthless without proof of authenticity. Just like anything copied from a blockchain NFT. The person that owns that has it verified in the blockchain, your copy is simply an unverified copy.

NFT gamification will make this platform skyrocket into popularity. People will want to farm for the sake of collecting cards from achievements. The cards can give multipliers to rewards from providing liquidity in specific pools. Cards can be traded and sold on a marketplace for people who missed out on the timelocked achievement to get a specific NFT.

>>29734941
>>29735018
Oh fuck it's an internet tough guy, please don't beat me up over the internet bro

>>29734903
very legit anon

>>29734020
This is the shit you fuckers should be buying right now holy shit. Been saying it

>>29735109
Shut up bitch, go spam this on Reddit and maybe there will be stupid people like you that will buy that shit

>>29734835
You can literally say the same thing about a Bitcoin.

Why should I care about having a real bitcoin when I have a whole Bitcoin Cash, or Bitcoin SV, authenticity doesn't matter right?

>>29735018
Bro are you alright? Are you going to have an aneurysm? I'm not selling shit you can relax. Normies are already balls deep in this game. You need to catch up.

>>29729146
NFTs are unique tokens, not unique pieces of art. They can be made into perfect, literally identical copies unlike tangible art. As such they have value to people who appreciate blockchain (a tiny subset of people and money launderers) rather than people who appreciate art (a large subset of people and also money launderers).
It’s gonna explode in your faces if you overpay for it.

>>29734903
Yeah this is based

>>29735076
the autograph example is the best i've heard yet

>>29733384
I wish ETH wasn't a shitshow. I wanted these but literally what the fuck even is this literal who blockchain they minted these on? NFTs are fucking pointless if they're tied to some proprietary centralized shit chain - they're no different than fucking Gachapon mobile games by that point. Unless I'm misunderstanding these - can you even send them over to the Eth network? I legit was so happy to see these made but didn't read much into them when I saw they weren't on ETH. And I get it, ETH is too expensive, but I e literally never even heard of whatever chain that is hosting these cards.

>>29735220
Bitcoin is literally only worth due to speculation. It can't be used for anything because it's too expensive, so you are right

>>29735039
>Hey anon, I guess you gave me some flowers long ago, but I thought it was a scan, I didn't even have a proper wallet to see it.
lmk if you want a proper one this time! fyi we're working on integrating with polygon/matic so that we can start doing airdrops again (costs like $100 to mint a card lately on the eth chain) -- feel free to drop an ethereum address and i'll shoot you a flower, most likely it will be on the matic chain.
we're building out matic<->eth bridges for the FLOWER NFTs as well as for the SEED erc20 token so that you'll be able to move in and out of the matic l2

>>29735228
I'm not telling you to buy shit anons. I'm just pointing out an emerging market and if you're smart you can probably make money in it. Don't say no one on /biz let you know about this when it blows up.

>>29734170
Even the deed to a house can be an NFT.

Guys I’m surprised no one has talked about how you can track price history of the NFT and where it has been. There is a market for this stuff, just hard AF to tell what is actually worth buying and not. Anything influencer related is an easy bet, but there are up and coming artist in the space that are having their artwork go up significantly in value..

Shit is sketch af rn... buttttt investing in NFT related platforms may be worth while

>NFTs have been around for like 4 years
>just now finding out about them
Literally how the fuck are you supposed to be early to anything bros...

>>29733451
Finally a response of someone that isn't a short sighted idiot only focused on 2d image nfts. The possibilities is what's crazy. And the micro transaction economy of video games is worth billions of dollars.

Here's an example. You buy a skin from s gaming nft skin store. You now own that skin. The skins offered are pre-built. That skin is compatible with say 8 different games. Meaning that they have the modeling/texture information in a database that when the matching nft id is identified, it loads that games interpretation of the skin. Imagine buying a subzero nft skin and then being able to load that skin in all mk games. And based off that games graphical style/ability YOUR fucking skin loads.

Alternatively, if a game could code an algorithm to automatically interpret the nft skin data and spit out that games custom version of the skin, then the amount of 'compatible' skins exponentially increases since a human is needed to interpret.

>>29733889
Lukso

>>29735220
Retarded comparison. Bitcoin has more people buying it so it has a higher value than its derivative cryptos. Do you even understand basic economics?
Bitcoin’s value IS in unique blocks. You can’t copy them and multiple people can engage at the same time creating a financial system.
NFTs on the other hand claim to derive their value from being art, but that art CAN be copied so they’re worthless. Unless you care about the unique token behind them which no one cares about.
>>29735228
Keep hodling your tulips mate. Normies only care about making a buck and once the fad ends most of them will lose money.
>>29735112
>I have no argument, please let my empty mockery be seen as an argument
>>29735076
You can’t copy the signed object. You can have a perfect copy of your nft. No one beside nerds cares about the digital signature.

>>29730116
>#nft
https://twitter.com/CryptoCraps/status/1365193729103982592
fucking third thing i see kek

>>29729146
NFTs are literally:
>we both have the same exact thing, but I paid for it, please tell me I’m cool
Fucking kek

>>29735435
Thats not even the half of it. It can be ANY game, not just a MK game. You literally own that sub zero like an asset and can do with it as you wish.

I know it's been talked about a little here, but check out ECOMI ($OMI). 3D NFTs with major brands, NFL players, DC Comics, Cartoon Network, Jurassic Park, just announced GM cars today. Search for it and see the Delorean, you can race the cars in AR. The creators want it to eventually be like Ready Player One. It's very new and only on one exchange, and pretty cool tokenomics. New exchanges next week, and hired a billion dollar marketing agency, starts marketing early March. Their main license guy is the person responsible for bringing Pokemon to the rest of the world.

So how does one identify a NFT that won't be irrelevant and worthless. I assume you would have to be very lucky or you would have to have a lot of money to afford already very expensive NFTs.

When the Hype dies down 99% of NFTs will be worthless. Just seems unnecessarily risky when there are so many options right now.

Could someone give us some examples? How much do you have to invest how much do you get out of it? How high is the risk?

I have some cryptokitties from 2017 but those are worthless. I bought them just for fun anyways.

>>29735053
https://opensea.io/assets/0x495f947276749ce646f68ac8c248420045cb7b5e/3707360267032696457264151827841295668771526049467609074847173143864203542529

>>29735704
>So how does one identify a NFT that won't be irrelevant and worthless.
do you think anybody has this answer? This is the whole game (which anybody reading this just lost, btw)

>>29735556
>Keep hodling your tulips mate. Normies only care about making a buck and once the fad ends most of them will lose money.
Yeah and who think sold them their bags and made some money? Like I said, if you're smart you can make some money in this market.

>>29735432
This guy is doing it wrong desu.
The full elastic energy wont get transfered to the projectile before it hits it's target.
Therefore the impact will be more spread out in time giving him higher chances to survive.
Did he do it? Or was it just for le funny photo op?

>>29735190
fucking hoping on right now nigga and rari

>>29735556
you dont understand how close smart glasses, ar, and vr platforms become mainstream. Once this shit hits, nfts and ownership of digital items will be everything. That shit will be integrated into everyday life, im telling you eight to ten years, nft is the normalcy. Screenshot this motherfucker.

people dont understand, you know how niggers complain about fake guccis and shit. I know its niggers but, thats what this is for the digital space. lets say gucci sells digital wear for your avatar in vr chat. Want to make sure its legit, check the signature. just take human behavior outside of the digital realm and analogize it to the digital space, that behavior is represented properly with nfts.

>>29735435
there's some good discussion going on here. NFTs and gaming have many synergies, no doubt. Interoperability/standardization is a huge advantage this space has over traditional games. for example, in the project i am working on (i shilled it earlier in the thread), we drop NFTs from other games inside of our game, in the form of little claimable presents that spawn on the game world.
another example of interoperability granting this space an advantage over traditional gaming is the ease of integrating with 3rd party services like opensea. before NFTs and opensea, the dev investment it would take to implement a cosmetic item store would be a serious obstacle for any indie game studio. now, not only is there a generic marketplace for all standardized digital collectibles, but you can integrate into it instantly with minimal development effort.
that said, most NFT game projects are super centralized on their teams, whether it's contracts having backdoor dev helper methods, or huge parts of the non-blockchain game code being closed source. it's important to remember that nothing stops the NFTs from dying if it's team disbands/ends the project. there are some examples of teams disbanding and the open source community building on top of the NFTs they left behind, but that scenario is far from likely. it's important to remember that the NFTs themselves do nothing to protect the project from death. the team is everything, and trust is placed in the team for most of these NFT games. this is not a bad thing, just pointing out that this part is not much different from the traditional game industry.

>>29735435
The ability to shift those kinds of assets in and our of games really would be amazing. I hate to admit it, but you had me picturing a little bit of Ready Player One like this anon mentioned: >>29735667, haha. It's not far off though if you think of each of those avatars as their own asset connected to its own blockchain. The ability to use the skin/avatar in any world across the whole system, that kind of stuff.
>>29735556
>You can’t copy the signed object.
Collectible forgery is actually a big problem which is why people will pay way less for unverified collectibles. Yes, a skilled calligrapher can very easily imitate Babe Ruth's autograph. It still has no proof of authenticity, no paper trail, it's worthless to any collector that knows what they're doing.

Let's look back to a blockchain comparison. The verification in a blockchain is so secure, it would be as if the MLB documented the serial number of every single ball in every package of balls that Babe Ruth had ever signed. Each being its own blockchain with verified transfer from Babe Ruth to the first owner. It's verification on steroids.
>>29735633
Isn't this most collectibles? People enjoy flaunting large and verified collections.

>>29736422
its*

>>29736272
NFT concept has lots of potential
All these shitty "art" pieces are literally just money laundering

>>29735831
yes, if the persons famous or not. And it points to that famous person. and also, I cant predict the future, but peoples net worth will somehow be measurable via some kind of token algorithm fuck idk, but it will be, and the nft that correlates to that celebrity, will have some kind of function that maps the value. Its gonna suk cuz normal niggers like us are gonna be priced out just for being a normal nigger on profiting from makng tons of money off nft after the hype dies down. Then its back to the mill with celebrities famous ngigers, etc.

>>29736507
right now yes because the hype, once everyone buys in, the hype dies down, shit will sort itsel fout to fair value. Aka celebrities, talented mofos, etc. just like in real life.

>>29729146

I made one recently. Some music coded in tidalcylces.

zora.co/privacy/585

about the original part is simply not possible to make it, because at the end you own only the token, but for example the painting has already been copied to transfer it from a pc to another, obiovusly is a perfect copy, but the original file is only the first saving of the file in the computer of the artist, so the token doesn't guarantee shit, is like having a sticker sign of leonardo and you can attach it on different prints of the same thing. You would own the original file only if for example the artist saves it for the first time in a usbstick and the ntf is attached to that file in that stick and what is delivered is the stick with the file, this would guarantee 100% originality. But ntf will be huge in the future I see a lot of money in it

>>29735831
computing literally just mimics human interaction. Like a bunch of fake guccis arent worth anything, but if we verify its authentic, then girls get wet cuase bbc nigger has an authentice gucci. Which I hate with a passiion. Still the way of the digital world will end up white women and nigger, thats just how it is. but yes 99% of real life items are 'worthless' too in terms of art and musc and shit so it makes sense that in the digital space this is true.

>>29736651
Nice job anon. What do you think of my shitty gif >>29735760

>>29736732
Sort of. Regardless if the file is copied, when uploaded it will be it's own blockchain. It's more the equivalent of an artist painting the same portrait multiple times. They are still entirely separate paintings. Doing this is possible from the original artist, yes, but the more incarnations of their piece they release the more common it becomes. The more common the piece becomes, the less it's worth. If there were 7 Mona Lisas by da Vinci, it wouldn't be as beloved as it is.

>>29736960
I hate that people compare art take basis of mona lisa. Nobody cared about mona lisa untill it got stolen. Fucking normies

>>29737234
Sorry, it seemed like the easiest names people would recognize.

>>29734145
this

If you guys are interested in NFTs, you've gotta check out Lux Expression. Seriously the most undervalued NFTs in the space right now.

>luxexpression.com

You're welcome, check em

>>29731434

You couldn't get the paper for a proper black lotus any more. You also couldn't replicate the aging, but otherwise you are right.

It's why grading and authentication is important. For very high end stuff it's semi-public information when certain pieces trade hands.

Ultimately NFT's are crypto tokens represented by a piece of art. If you can recognize the value of a crypto token then it's not a stretch to recognize the value of a crypto token + more.

I'm an artist and I thought I'd give NFT's a try. I've created a set of lewd waifu stickers that are cheap and are 1 of 1 for the first run I am doing. Check me out! Open to other ideas than stickers as well

>>29738788
nice anon. im in the same boat, trying to teach myself how to animate the things i make in photoshop. have you had much luck on opensea? my usual audience on IG isnt even familiar with NFT's so im weary on spending a ton on gas fees just for things that wont even get seen.

buy MUSE. look at the NFTs on their site that are used. start from there. coin won't even tank. last call

>>29738865
I just made an opensea account and paid the one time gas fee to list items, I highly recommend them as you just need to pay once instead of Rarible for example where it's per NFT. Which can start costing outrageous amounts due to gas fees. This post was the first time marketing my store I guess so I have not sold any yet.

Also there's lots of good short youtube videos on how to make images spin in photoshop or after effects!

How does one produce nft art? Can it only be pics?

>>29739137
wait, what? Opensea is one time? i opted for rarible since you can list multiples of the same item. (havent seen the option for that on opensea)
and yeah! ive been staying up all night learning different things in after effects. i have an idea for a collection once i get the hang of it and can get to the point of copy pasting effects to each design. good luck with all this anon

We're long over a /nftg/ thread. If fucking Rubic gets one, we should make one. Agree with a lot of these anons, there's so much potential to make money off these. Who cares if the concept is odd? The concept of Pokémon cards or baseball cards is weird but if enough collectors say there's value then you can make money. I doubled my money on Streetfighter nfts thanks to an anon here, the base cards get burned so literally all you have to do is sell the unburned rare cards slowly and you're set. Looking out for the next hot shit, any tips?

>>29732846
Is this thread full of fucking regards who think NFT = digital art? Really?

Imagine paying hundreds of dollars for a 6/10 lady boy selfie that was run through a pics Art filter

>>29739754
Faggot retards*

>>29739796
OH wow look at my nft. That will be 0.45 eth.

>>29739965
This is an arm. It is drawn by nobody, it is worth nothing

I have a question. I really want some of the streetfighter packs because they're pretty, but do I just buy them on the atomic cloud wallet? can I not store them on a wallet or anything? also should I just hold the packs and not open them?
I'm new to nft stuff sry

>>29732515

High end beanies are back over $1000. They only crashed because normies got in on it, and they never really were collectors.

I have been trading in collectibles for 25 years, and there are only two consistently pop off. The item has to be handheld/intended for use in the hand. The 3 C's Coins, cards, comics fit the bill perfectly. Even beanie babies had a unique hand feel. Things like collectors plates and precious moments figures were hyped up but went nowhere.

The second component is representation of the a nude humanoid form. Comic book heroes are nude and painted different colors. Football is the most popular sport, but their pads obscure the human form so their cards are worthless. Basketball uniforms show more and are form fitting, you can see the jumpman logo is practically a nude silhouette. Baseball uniforms are just about the most form fitting thing people ever saw in the early 1900s.

There's tons of other examples. Sonic plush has a collector's market but mario doesn't (Thanks Sally Acorn). Barbie is the #1 collectible doll and a core function is swapping clothes and making her nude. I believe that neopets resonated because of the faeries, and those are $1000 booster boxes.

I also believe that it's what made fortnite pop off. Take a closer look at the skins and you will see how form fitting they are. There's just a part of the human brain that recognizes the nude humanoid form. Plant these images in a child's head and then they activate 10-20 years later and they will pay inordinate sums of money for it. I have a case of fortnite series one boosters that I am sitting on for this reason.

This more faggotted than a jannie

pretty pointless
if the artist get a cult followers like with Sergey then it could be profitable
Became a Sergey nazarov memator

>>29730826

Holy fuck he's right.

>>29739608
Yep just pay once! You have a good one too anon =D

>>29731733

I've made a quarter mil flipping basketball gifs this month

>>29729146
If some decent comic book artists start doing these of Batman and shit then I can see them being worth a fortune.

>>29729146
The technology behind them is good but the actual current market/application of that tech is just bait for retards and redditors who need their money stolen

>>29738788
the aspect ratio though

>>29742245
How much did you start with?

can someone tell me what the fuck an nft is?

>>29729529
they look like complete shit, if you get into this meme at least buy something that isn't complete garbage

>>29729146
http://rarepepedirectory.com/?page_id=1405

NFTs wont mean shit until they are made for bearer instruments. this is just dipping in the toe. no will care you have a certificate of going to a concert or owning a jpg.

BROS, stay the FUCK away from waifu token, those zoomers shilled hard here back in august and got caught owning most of the supply with their friends, they also got caught selling art that didn't exist to people, a lot of NFT newfags don't know about their sketchy history and are getting fooled

it was so bad in august that the main software devs abandoned the project when they found out

>>29729146
bump because I want to see more of this retardation

>>29729146
ALOHA starts one of the first STAKING FOR NFTs platform on monday. its currently under the presale price. easily a x3-x5 shortterm desu

>>29743972
non-fungible token.
it's unique and can't be mixed with other tokens, as far as I understand it.