What are you selling exactly?
With physical art, you have an original. Or you have a serialised print. With title/copyright, you're selling exploitation rights. There's some relationship between the price and the quality. That quality factor includes both artistic values and rarity.
With NFT you are selling a number. As I understand it, the NFT is just a (blockchain?) code that's associated with some random thing. It doesn't stop anyone legally or morally making an infinite number of copies of whatever your NFT is attached. Your particular thing isn't even a particular thing. In the case of digital things, it can be utterly indistinguishable from any other copy of the thing. It's not even like it's steganographically embedded in an image.
Seems to me like it's just a method invented by money launderers needing something that's currently not illegal.
(With physical art, you have an original. Or you have a serialised print. With title/copyright, you're selling exploitation rights. There's some relationship between the price and the quality. That quality factor includes both artistic values and rarity.
With NFT you are selling a number. As I understand it, the NFT is just a (blockchain?) code that's associated with some random thing. It doesn't stop anyone legally or morally making an infinite number of copies of whatever your NFT is attached. Your particular thing isn't even a particular thing. In the case of digital things, it can be utterly indistinguishable from any other copy of the thing. It's not even like it's steganographically embedded in an image.
Seems to me like it's just a method invented by money launderers needing something that's currently not illegal.
Ratsta,
Tue 30 Mar 2021, 13:12,
archived)
The widespread respect for copyright and intellectual property rights that the internet is famed for?
(,
Tue 30 Mar 2021, 13:55,
archived)
Block chain allegedly stops duplicate images being uploaded, so I guess when an artist tries to upload and is denied a court case or cease and dissist will ensue depending on whether or not it sold.
(
XLVII .uk,
Tue 30 Mar 2021, 14:04,
archived)
If you change the hue of one pixel, you've got a brand new image, right?
brb Monkhouse Stampede,
Tue 30 Mar 2021, 14:10,
archived)
It has to be changed in a number of ways, I guess Block chain decides
( XLVII .uk,
Tue 30 Mar 2021, 14:30,
archived)
Huh?If you change the hue of one pixel, you must get a new unique hash code, right?
( brb Monkhouse Stampede,
Tue 30 Mar 2021, 15:06,
archived)
PossiblyBut I've read it can tell if an image violates copyright laws of any image it's already processed therefore keeping the tokens unique
( XLVII .uk,
Tue 30 Mar 2021, 15:54,
archived)
I don't fully understand how blockchain works, but I don't think it itself understands laws otherwise crypto wouldn't be favoured by so many criminals.Let's say I'm a single pixel artist. I can create 16,777,215 unique works of art, each can be iterated or modified in 16,777,215 ways, each iteration should be a unique file, created at a unique time.
Right?
Just realised the filename adds a uniqueness to single pixel art. I could produce more than one unique single pixel artwork working in a single colour.
I'm going to be so rich!
(Right?
Just realised the filename adds a uniqueness to single pixel art. I could produce more than one unique single pixel artwork working in a single colour.
I'm going to be so rich!
brb Monkhouse Stampede,
Tue 30 Mar 2021, 16:16,
archived)
This last bit definitely isn’t true.Itās simply not possible to detect this in an automated way, thereās no algorithm that can decide it. Ultimately, in the grey areas, it can only be determined by litigation.
On top of which, I do know enough about block chains to be certain this isnāt built into them.
(,
Tue 30 Mar 2021, 17:39,
archived)
On top of which, I do know enough about block chains to be certain this isnāt built into them.
I guess it's the same as the actual art world If you can buy direct from the artist via their platform or appointed, endorsed management you wouldn't buy of some random guy without a COA
( XLVII .uk,
Tue 30 Mar 2021, 18:13,
archived)
Any work that I mint as XLVII will always carry my digital stamp and I will get a percentage every time it's sold on.
So in effect it's harder to fake than real life works but you can only show people your collection from your phone.
(So in effect it's harder to fake than real life works but you can only show people your collection from your phone.
XLVII .uk,
Tue 30 Mar 2021, 18:16,
archived)
That may be a feature of how this market works.But itās not a general feature of block chains.
(,
Tue 30 Mar 2021, 18:28,
archived)
The block chain will prove the transaction took place.So the seller can prove they sold it and the buyer can prove they bought it (within the security provided by the block chain in question; if you have more than 50% of the computing power used for Bitcoin, for instance, you can control it completely.)
Thatās about it.... It doesnāt prove the seller had the right to sell it. It doesnāt prove the seller didnāt sell something identical in some other manner.
(,
Tue 30 Mar 2021, 18:26,
archived)
Thatās about it.... It doesnāt prove the seller had the right to sell it. It doesnāt prove the seller didnāt sell something identical in some other manner.
Pretty sure the art remains on the artists page after sellingCollectors can see exactly what you've minted and sold previously and for how much. It's a totally open market where you can't hide anything.
You could possibly repeat stuff on other platforms but as artist you need integrity, so you stick to the rules or you don't sell anything.
(You could possibly repeat stuff on other platforms but as artist you need integrity, so you stick to the rules or you don't sell anything.
XLVII .uk,
Tue 30 Mar 2021, 18:48,
archived)
delightful nonsenseblockchains do nothing.
why can't i copy your image and derive a nice big svg from it, stick it in a folder with this and modify the folder & files' metadata to suggest it was created and modified five years ago.
then i could generate an nft in a competing blockchain, cos it's all the rage don'tcha know, and sue you for breach of copyright?
i'd also be willing to bet that blockchains that store nfts and their transactions are far less attractive to serious miners, assuming proof-of-work consensus is used; i guess i'd be concerned for the long-term integrity of these blockchains.
(,
Wed 31 Mar 2021, 13:36,
archived)
why can't i copy your image and derive a nice big svg from it, stick it in a folder with this and modify the folder & files' metadata to suggest it was created and modified five years ago.
then i could generate an nft in a competing blockchain, cos it's all the rage don'tcha know, and sue you for breach of copyright?
i'd also be willing to bet that blockchains that store nfts and their transactions are far less attractive to serious miners, assuming proof-of-work consensus is used; i guess i'd be concerned for the long-term integrity of these blockchains.
That's why you back yourself upI have every brush stroke saved, of my digital work, every path of every vector and every psd of every gif made (this will take some digging).
You'd have to go to a lot of effort for a few points of an eth
If you did reproduce it and try to sell it serious collectors would still be looking to buy my work from me because they've been watching me for 5 years +
(You'd have to go to a lot of effort for a few points of an eth
If you did reproduce it and try to sell it serious collectors would still be looking to buy my work from me because they've been watching me for 5 years +
XLVII .uk,
Wed 31 Mar 2021, 14:21,
archived)
fuck allwhich is why people have been doing it wholesale; there's dozens of twitterbots, and the cunts behind this fad are tagging any and every post they can think of that might be considered interesting in some way to someone in the hopes of flogging a personal link to it that'll be useless in days.
the claim that a cease & desist could be issued is laughable, as the whole point of blockchain is once something's on there it can't be removed. still, the link they buy isn't generally a direct one to the post anyway, it's to a redirect, and I'm sure all the people paying millions for unique sequences of numbers will be chuffed as nuts to find out they point to a "this image was leached from Photohub" 404.
(the claim that a cease & desist could be issued is laughable, as the whole point of blockchain is once something's on there it can't be removed. still, the link they buy isn't generally a direct one to the post anyway, it's to a redirect, and I'm sure all the people paying millions for unique sequences of numbers will be chuffed as nuts to find out they point to a "this image was leached from Photohub" 404.
JustHere4Coffee remembers when all o' this were car parks,
Wed 31 Mar 2021, 4:09,
archived)
You can actually sell anything you wantYou can include a printable file for them to hang in their house if it's a picture etc
But there are some insane things being done, recorded and sold for thousands with no physical benefits.
I guess you're selling that warm fuzzy feeling when you've just spent loads of money and got very little to show for it, but it's something that no-one else has got and you supported an artist at the same time :D
(But there are some insane things being done, recorded and sold for thousands with no physical benefits.
I guess you're selling that warm fuzzy feeling when you've just spent loads of money and got very little to show for it, but it's something that no-one else has got and you supported an artist at the same time :D
XLVII .uk,
Tue 30 Mar 2021, 18:28,
archived)
the thing is,the people paying all this money tend to be the same people trying to suggest that this is a good way of investing. the guy who spent millions on Beeple's art is the guy who actually runs the company that is making the NFTs... If they were shares, he'd have been locked up by now.
( JustHere4Coffee remembers when all o' this were car parks,
Wed 31 Mar 2021, 4:11,
archived)
Yeah there's some seemingly dark shit going on there. A friend drew a comparison with beeple to Banksy.
Run by the establishment to push an agenda and further empower the already wealthy.
I really like the idea of the platform and the fact we could sell some of the stuff we do for fun. It seems like an honest system with scope for real innovation and I know I need to up my game to make a more wholesome package for the collector.
The fact is, there's underhand shit going on in the real life art world, I personally steer clear of it, but I'm not going to let that stand in my way of making an honest career from art from the ground, up.
(Run by the establishment to push an agenda and further empower the already wealthy.
I really like the idea of the platform and the fact we could sell some of the stuff we do for fun. It seems like an honest system with scope for real innovation and I know I need to up my game to make a more wholesome package for the collector.
The fact is, there's underhand shit going on in the real life art world, I personally steer clear of it, but I'm not going to let that stand in my way of making an honest career from art from the ground, up.
XLVII .uk,
Wed 31 Mar 2021, 11:53,
archived)
You are literally buying the NFT. A token. That's it.It doesn't MEAN anything, or convey ANY right or exclusiveness to you regarding anything other than the token itself. The artist might declare the token is tied to an artwork, in the same way they can say the artwork is tied to the 'struggle of the working man' or a 'smell of the colour purple' but it means f*ck all. The only thing you're buying is the token, and that's only worth what anyone is willing to pay for it.
All it is is a uniquely customisable and indivisible crypto-currency 'coin'.
(All it is is a uniquely customisable and indivisible crypto-currency 'coin'.
joefish It's hard for thee to kick against the pricks,
Wed 31 Mar 2021, 13:22,
archived)