and NFT’s are the scourge of all online discourse on this at the moment. Scammers taking other people’s work. Fuckwits offering tediously implausible get rich quick schemes, and the odd middle aged woman thinking she’s at the cutting edge because she scanned a bad acrylic painting of a horse.
Of course it’s all bullshit - there’s no audience. Who looks at NFTs because they want to see art? Nobody.
I’d be very interested to see a bit of digging into the actual reality of these massive prices. Is it actually the case that this Beeple guy now has access to $100m dollars? And it’s now removed from the system and just in his bank account? Great for him if true, but I smell bullshit
(, Tue 21 Dec 2021, 10:19, Reply)
Yeah, that makes sense as to what they add, I guess. That weird value of something being fashionable.
I remember Danny Baker putting the concept of cool into Room 101. He was right.
(, Tue 21 Dec 2021, 12:57, Reply)
But Sotheby's took a good portion of that.
He probably still has close o $100m thru his other sales though. The valuation is crazy, but equally, the artistic endevour is also quite impressive. He created something every day, for 5000 days. What have you done every day for 5000 days?
Sure, some internet character who got stupid rich from cryptocurrency certainly overpaid for it. But is it any more bizzare than an owner of a car company or online bookshop planning to colonize outer space?
(, Tue 21 Dec 2021, 23:39, Reply)