WTF is Crypto Art?
- theperfecttree
- EB Team
- Posts: 11789
- Joined: Mon Jan 14, 2008 1:04 am
- Location: Austin, TX
Any news on the future of Nifty Gateway? Seems to be in a state of languish. The astronomical amount of money that has passed through that site in 2021 is astounding, yet they have not made a single update/improvement to the UX or platform that I can think of.
nah brother you aren't riling us up and im sorry if i come back at you with my side of things. I'm obviously from the other camp.
You have 3 groups of ppl for posters right? Quick flip, potential long term investment or have fun with it and forget you have it. This market has all 3 of those things and its really not hard to learn.
Even if you think its so utterly stupid if you just learned it a little about it there are some projects that can be financially life changing and despite what ppl think, a lot of the people collecting this do love what they are collecting. They take pride in it.
For instance this is Fidenza by Tyler Hobbs
Released two months. Cost $170 and now go for $60k-$300k.
Nifty is a whole other story. I don't really ever discuss other companies because i feel its rude but being a buyer Im just disappointed in them. There is absolutely no customer service and I feel like I was duped into buying something where something was supposed to happen and it didn't.Any news on the future of Nifty Gateway? Seems to be in a state of languish. The astronomical amount of money that has passed through that site in 2021 is astounding, yet they have not made a single update/improvement to the UX or platform that I can think of.
(As I wrote this a Fidenza just went for $300k https://opensea.io/assets/0xa7d8d9ef8d ... 0/78000098)
That’s part of it all. For myself, at one point many many years ago I bought every single poster that came out and then I started realizing that’s probably not smart. Started focusing on a few artists. Picked other outlets.
I bought 5 pickles a month ago for $175 each (maybe more), They are worth $20 each now. It happens.
I mentioned Apes here a couple of times. Lowest one goes for $22,000 now.
I think NG is making a comeback especially this last week. There is a UX update coming soon in August. Hopefully a good overhaul to the entire site but I doubt it.
Plenty of other scraper sites that get me the info I need off NG so it doesn't bug me.
The CS is a little horrible and the owners are naïve on how they handle customer complaints and listening to customer ideas.
I have always liked the art and artists that NG carries. Generative art has yet to hit me in the heart like man-made NFTs and I cant seem to find and artist i really like. I think its interesting someone can write a program to create art but not sure on the overall long term value, either.
I am sure these comments wont age well.........we will see in a year.....
Plenty of other scraper sites that get me the info I need off NG so it doesn't bug me.
The CS is a little horrible and the owners are naïve on how they handle customer complaints and listening to customer ideas.
I have always liked the art and artists that NG carries. Generative art has yet to hit me in the heart like man-made NFTs and I cant seem to find and artist i really like. I think its interesting someone can write a program to create art but not sure on the overall long term value, either.
I am sure these comments wont age well.........we will see in a year.....
Trust me your pickles were a way smarter decision lol
does this surprise you? he just pulled $20mil on a 3 day drop...theperfecttree wrote: ↑Sat Jul 31, 2021 12:53 pmDamien Hirst laid off 63 people last autumn while claiming £15m in government Covid-19 loans
Full article is worth a read as it's an an interesting behind the scenes look in into his business over the last few years. Reminder that much of the art world is first and foremost a business.
former employee wrote:The business is effectively run by lawyers
- earlgreytoast
- Art Expert
- Posts: 9373
- Joined: Fri Nov 05, 2010 1:14 pm
Codeblue wrote: I’m sorry for everything.
hope you're playing the dog market