WTF is Crypto Art?

General art-related discussion.
User avatar
GmidD
Art Expert
Posts: 1695
Joined: Fri Jul 29, 2011 6:39 pm
Location: Cleveland, OH

Sun Dec 05, 2021 9:28 pm

I know I've posted about this before and some people think I'm crazy but this Happy Astronauts project is going to be huge! That team is full of outside the box thinkers and they're doing things I haven't seen anyone else even considering yet. First they optimized their contract to lower gas fees to under $40/transaction and now they just rolled out minting via PayPal with $29 fixed gas fees for one mint and $16 for each additional! So you can mint their NFTs now without having to purchase ETH which lowers the barriers of entry significantly. As far as I know they're the first project to implement something like this. https://discord.gg/gPQHerGfSX
derivitive
Art Connoisseur
Posts: 261
Joined: Mon Jul 22, 2019 11:05 am

Sun Dec 05, 2021 10:02 pm

GmidD wrote:
Sun Dec 05, 2021 9:28 pm
I know I've posted about this before and some people think I'm crazy but this Happy Astronauts project is going to be huge! That team is full of outside the box thinkers and they're doing things I haven't seen anyone else even considering yet. First they optimized their contract to lower gas fees to under $40/transaction and now they just rolled out minting via PayPal with $29 fixed gas fees for one mint and $16 for each additional! So you can mint their NFTs now without having to purchase ETH which lowers the barriers of entry significantly. As far as I know they're the first project to implement something like this. https://discord.gg/gPQHerGfSX
The minting cost makes no sense. A transaction is a transaction. It should be a consistent fee.

The "minting with PayPal" still requires an Ethereum wallet (click the link on the site). Not having to pay with crypto but still needing a crypto wallet for the transaction isn't really solving anything.

Also, being the first to do something doesn't make it the best or the thing that lasts.

Even the pro crypto folks on here have called this out as a scam.

Stop buying into the "metaverse" or "video game" stuff these people are shilling for money. If they have the backing/partnerships they claim, they wouldn't be selling anything until the have an alpha/beta product. Video game development takes MANY YEARS and they are competing with META (who, take note, isn't trying to sell anything right now regarding the "game").

You. Are. Being. Scammed. With. Happy. Astronauts.
derivitive
Art Connoisseur
Posts: 261
Joined: Mon Jul 22, 2019 11:05 am

Sun Dec 05, 2021 10:18 pm

The "metaverse" has been around since 2003 in Second Life - https://en.wikipedia.org/wiki/Second_Life

Nintendo released a VR console in 1995 - https://en.wikipedia.org/wiki/Virtual_Boy

DisneyQuest was "the future of theme parks" with VR and interactive mechanical rides that opened in 1998 and closed in 2017 - https://en.wikipedia.org/wiki/DisneyQuest

There is NOTHING that is forward thinking or groundbreaking from a technology standpoint in anything that I've seen posted on here related specifically to the "metaverse" or a "game". I'm not commenting on generative art or PFP NFTs, solely on the scams that want you to buy into something that have a roadmap for and doesn't have an actual product today.
User avatar
GmidD
Art Expert
Posts: 1695
Joined: Fri Jul 29, 2011 6:39 pm
Location: Cleveland, OH

Sun Dec 05, 2021 10:38 pm

derivitive wrote:
Sun Dec 05, 2021 10:02 pm
GmidD wrote:
Sun Dec 05, 2021 9:28 pm
I know I've posted about this before and some people think I'm crazy but this Happy Astronauts project is going to be huge! That team is full of outside the box thinkers and they're doing things I haven't seen anyone else even considering yet. First they optimized their contract to lower gas fees to under $40/transaction and now they just rolled out minting via PayPal with $29 fixed gas fees for one mint and $16 for each additional! So you can mint their NFTs now without having to purchase ETH which lowers the barriers of entry significantly. As far as I know they're the first project to implement something like this. https://discord.gg/gPQHerGfSX
The minting cost makes no sense. A transaction is a transaction. It should be a consistent fee.

The "minting with PayPal" still requires an Ethereum wallet (click the link on the site). Not having to pay with crypto but still needing a crypto wallet for the transaction isn't really solving anything.

Also, being the first to do something doesn't make it the best or the thing that lasts.

Even the pro crypto folks on here have called this out as a scam.

Stop buying into the "metaverse" or "video game" stuff these people are shilling for money. If they have the backing/partnerships they claim, they wouldn't be selling anything until the have an alpha/beta product. Video game development takes MANY YEARS and they are competing with META (who, take note, isn't trying to sell anything right now regarding the "game").

You. Are. Being. Scammed. With. Happy. Astronauts.
To your first point, when it comes to minting a transaction is not a transaction. Gas fees can vary greatly between projects based on how the contract is written. With their first contract the gas fees were on par with everyone else and usually ran $100+. Then they optimized their contract and launched a V2 and the gas fees have been under $40 for a single mint since.

And, I talked to a couple of the project creators and they've been working on the game development for going on two years now. They've also been posting regular updates including test game play so they're definitely working on stuff and making progress and it looks great! Say what you will, and I realize there's a chance any project might end up failing, but I have a good feeling about these guys and I'm still backing them. While I'm not expecting a game to be out anytime soon, I think they're definitely headed in the right direction.

In regards to the minting with PayPal, I understand you still need to have a wallet, but a metamask wallet is easy to create. The fact that you then need to set up an account on another platform to buy ETH which includes ID verification steps and then pay fees to transfer it to your wallet is definitely a barrier to entry for some. The fact that people can just create a wallet and then mint through PayPal using any of their existing credit cards/bank accounts is a big step forward in my opinion.
derivitive
Art Connoisseur
Posts: 261
Joined: Mon Jul 22, 2019 11:05 am

Sun Dec 05, 2021 10:51 pm

GmidD wrote:
Sun Dec 05, 2021 10:38 pm
derivitive wrote:
Sun Dec 05, 2021 10:02 pm
GmidD wrote:
Sun Dec 05, 2021 9:28 pm
I know I've posted about this before and some people think I'm crazy but this Happy Astronauts project is going to be huge! That team is full of outside the box thinkers and they're doing things I haven't seen anyone else even considering yet. First they optimized their contract to lower gas fees to under $40/transaction and now they just rolled out minting via PayPal with $29 fixed gas fees for one mint and $16 for each additional! So you can mint their NFTs now without having to purchase ETH which lowers the barriers of entry significantly. As far as I know they're the first project to implement something like this. https://discord.gg/gPQHerGfSX
The minting cost makes no sense. A transaction is a transaction. It should be a consistent fee.

The "minting with PayPal" still requires an Ethereum wallet (click the link on the site). Not having to pay with crypto but still needing a crypto wallet for the transaction isn't really solving anything.

Also, being the first to do something doesn't make it the best or the thing that lasts.

Even the pro crypto folks on here have called this out as a scam.

Stop buying into the "metaverse" or "video game" stuff these people are shilling for money. If they have the backing/partnerships they claim, they wouldn't be selling anything until the have an alpha/beta product. Video game development takes MANY YEARS and they are competing with META (who, take note, isn't trying to sell anything right now regarding the "game").

You. Are. Being. Scammed. With. Happy. Astronauts.
To your first point, when it comes to minting a transaction is not a transaction. Gas fees can vary greatly between projects based on how the contract is written. With their first contract the gas fees were on par with everyone else and usually ran $100+. Then they optimized their contract and launched a V2 and the gas fees have been under $40 for a single mint since.

And, I talked to a couple of the project creators and they've been working on the game development for going on two years now. They've also been posting regular updates including test game play so they're definitely working on stuff and making progress and it looks great! Say what you will, and I realize there's a chance any project might end up failing, but I have a good feeling about these guys and I'm still backing them. While I'm not expecting a game to be out anytime soon, I think they're definitely headed in the right direction.

In regards to the minting with PayPal, I understand you still need to have a wallet, but a metamask wallet is easy to create. The fact that you then need to set up an account on another platform to buy ETH which includes ID verification steps and then pay fees to transfer it to your wallet is definitely a barrier to entry for some. The fact that people can just create a wallet and then mint through PayPal using any of their existing credit cards/bank accounts is a big step forward in my opinion.
If the gas fee is $40, then everything through PayPal should be $40. First one, more than one, doesn't matter. $40. If that isn't true, that should be a big red flag.

Regarding "test game play", you must not be familiar with No Man's Sky or Aliens: Colonial Marines.
https://www.youtube.com/watch?v=vupCgB8H9Og - No Man's Sky
https://www.youtube.com/watch?v=1EW2PsCGA7g - Aliens: Colonial Marines

Or how about a much simpler game that I have first hand knowledge of? Kickstarter in 2014 that was finally released in 2021 - https://www.kickstarter.com/projects/50 ... escription

Or how about an even more relevant example from the initial ICO scam phase?
Part 1 - https://medium.com/@CTUAgentIvan/an-ame ... 1578015ddf
Part 2 - https://medium.com/@CTUAgentIvan/arcade ... c22c557f18

Roadmaps/prototypes/videos are all easy to fake. Show an actual usable product, and I'll say it isn't a scam. Until then, look at what happened previously with ICOs and the exact blueprint is happening again and people are falling for it.

I mean, buy stock in META as a backup for god's sake and see what does better in 2 years. At least one has the financial means to make a product that people use.
User avatar
GmidD
Art Expert
Posts: 1695
Joined: Fri Jul 29, 2011 6:39 pm
Location: Cleveland, OH

Sun Dec 05, 2021 11:05 pm

derivitive wrote:
Sun Dec 05, 2021 10:51 pm
GmidD wrote:
Sun Dec 05, 2021 10:38 pm
derivitive wrote:
Sun Dec 05, 2021 10:02 pm
GmidD wrote:
Sun Dec 05, 2021 9:28 pm
I know I've posted about this before and some people think I'm crazy but this Happy Astronauts project is going to be huge! That team is full of outside the box thinkers and they're doing things I haven't seen anyone else even considering yet. First they optimized their contract to lower gas fees to under $40/transaction and now they just rolled out minting via PayPal with $29 fixed gas fees for one mint and $16 for each additional! So you can mint their NFTs now without having to purchase ETH which lowers the barriers of entry significantly. As far as I know they're the first project to implement something like this. https://discord.gg/gPQHerGfSX
The minting cost makes no sense. A transaction is a transaction. It should be a consistent fee.

The "minting with PayPal" still requires an Ethereum wallet (click the link on the site). Not having to pay with crypto but still needing a crypto wallet for the transaction isn't really solving anything.

Also, being the first to do something doesn't make it the best or the thing that lasts.

Even the pro crypto folks on here have called this out as a scam.

Stop buying into the "metaverse" or "video game" stuff these people are shilling for money. If they have the backing/partnerships they claim, they wouldn't be selling anything until the have an alpha/beta product. Video game development takes MANY YEARS and they are competing with META (who, take note, isn't trying to sell anything right now regarding the "game").

You. Are. Being. Scammed. With. Happy. Astronauts.
To your first point, when it comes to minting a transaction is not a transaction. Gas fees can vary greatly between projects based on how the contract is written. With their first contract the gas fees were on par with everyone else and usually ran $100+. Then they optimized their contract and launched a V2 and the gas fees have been under $40 for a single mint since.

And, I talked to a couple of the project creators and they've been working on the game development for going on two years now. They've also been posting regular updates including test game play so they're definitely working on stuff and making progress and it looks great! Say what you will, and I realize there's a chance any project might end up failing, but I have a good feeling about these guys and I'm still backing them. While I'm not expecting a game to be out anytime soon, I think they're definitely headed in the right direction.

In regards to the minting with PayPal, I understand you still need to have a wallet, but a metamask wallet is easy to create. The fact that you then need to set up an account on another platform to buy ETH which includes ID verification steps and then pay fees to transfer it to your wallet is definitely a barrier to entry for some. The fact that people can just create a wallet and then mint through PayPal using any of their existing credit cards/bank accounts is a big step forward in my opinion.
If the gas fee is $40, then everything through PayPal should be $40. First one, more than one, doesn't matter. $40. If that isn't true, that should be a big red flag.

Regarding "test game play", you must not be familiar with No Man's Sky or Aliens: Colonial Marines.
https://www.youtube.com/watch?v=vupCgB8H9Og - No Man's Sky
https://www.youtube.com/watch?v=1EW2PsCGA7g - Aliens: Colonial Marines

Or how about a much simpler game that I have first hand knowledge of? Kickstarter in 2014 that was finally released in 2021 - https://www.kickstarter.com/projects/50 ... escription

Or how about an even more relevant example from the initial ICO scam phase?
Part 1 - https://medium.com/@CTUAgentIvan/an-ame ... 1578015ddf
Part 2 - https://medium.com/@CTUAgentIvan/arcade ... c22c557f18

Roadmaps/prototypes/videos are all easy to fake. Show an actual usable product, and I'll say it isn't a scam. Until then, look at what happened previously with ICOs and the exact blueprint is happening again and people are falling for it.

I mean, buy stock in META as a backup for god's sake and see what does better in 2 years. At least one has the financial means to make a product that people use.
First of all, what you said about gas fees is untrue. If you mint more than one NFT at the same time through any of these other projects the gas fees are going to be higher than of you mint one. So, what they're doing with the PayPal mint is setting a fixed base fee for the gas and then covering the rest themselves if the gas ends up costing more.

Check out this article about how to optimize smart contracts to reduce gas fees and you'll see that there are a lot of ways in which different contracts may end up with different gas fees. https://betterprogramming.pub/how-to-wr ... b5e9c5db85

And, I get that other people may have released test game play and not delivered. And I also acknowledge that this may end up being the case here, but based on what I've seen from them so far, I have no reason to believe thats how this is going to go down. Do I think they're going to have a game ready to go within the next few months? Absolutely not! But who knows what they could do in another year or two. This stuff is all essentially gambling anyways and I'm taking a risk on these guys because I feel the potential upside could be huge. And, honestly, I feel less worried about losing the money I've invested in them than a lot of these other projects I've been following.
User avatar
ygolohcysp
Art Expert
Posts: 2623
Joined: Wed Jun 04, 2014 12:57 pm

Sun Dec 05, 2021 11:49 pm

I kickstarted a video game in 2017, got the steam key in 2019 and the cartridge in 2020. It's easy to find examples of where people over promised but it's also easy to find examples where the projects came to fruition.
derivitive
Art Connoisseur
Posts: 261
Joined: Mon Jul 22, 2019 11:05 am

Mon Dec 06, 2021 1:15 am

ygolohcysp wrote:
Sun Dec 05, 2021 11:49 pm
I kickstarted a video game in 2017, got the steam key in 2019 and the cartridge in 2020. It's easy to find examples of where people over promised but it's also easy to find examples where the projects came to fruition.
And how many more years to integrate to the blockchain and NFTs?
User avatar
acidburn
Art Daddy
Posts: 11751
Joined: Wed Nov 25, 2009 3:06 pm

Mon Dec 06, 2021 7:38 am

GmidD wrote:
Sun Dec 05, 2021 9:28 pm
I know I've posted about this before and some people think I'm crazy but this Happy Astronauts project is going to be huge! That team is full of outside the box thinkers and they're doing things I haven't seen anyone else even considering yet. First they optimized their contract to lower gas fees to under $40/transaction and now they just rolled out minting via PayPal with $29 fixed gas fees for one mint and $16 for each additional! So you can mint their NFTs now without having to purchase ETH which lowers the barriers of entry significantly. As far as I know they're the first project to implement something like this. https://discord.gg/gPQHerGfSX
Have fun with the project. Hope it works out. Keep us updated

We also just got gas to crazy low prices. We are really excited about that.
User avatar
MastaMonk
Art Expert
Posts: 3388
Joined: Sun Feb 13, 2011 4:58 pm

Mon Dec 06, 2021 2:01 pm

Reposting this as it’s now getting a huge amount of attention.

https://www.particlecollection.com/?r=okDyj

They brought the piece to Basel, did a photo op with Beeple. Was surprised to see him take part in that. Patiently waiting for Banksy to fudge all over the project.
User avatar
acidburn
Art Daddy
Posts: 11751
Joined: Wed Nov 25, 2009 3:06 pm

Mon Dec 06, 2021 3:25 pm

MastaMonk wrote:
Mon Dec 06, 2021 2:01 pm
Reposting this as it’s now getting a huge amount of attention.

https://www.particlecollection.com/?r=okDyj

They brought the piece to Basel, did a photo op with Beeple. Was surprised to see him take part in that. Patiently waiting for Banksy to fudge all over the project.
Beeple will take a picture of with anyone lol. He seems really nice.
User avatar
acidburn
Art Daddy
Posts: 11751
Joined: Wed Nov 25, 2009 3:06 pm

Tue Dec 07, 2021 9:55 am

Breaking news. Some of you were right

https://twitter.com/rekt_tekashi/status ... 49861?s=21
User avatar
MaxCollinsII
Art Connoisseur
Posts: 803
Joined: Mon Dec 23, 2013 9:42 pm

Tue Dec 07, 2021 11:44 am

Which should I dump some loot into?... MANA or SAND and why? Please don't say both. ty
GmidD I accepted your Discord invite, good luck with your quest.
The Original Pure Hemp® Rolling Papers :ziggi: made in Spain, unlike some of our competitors
PartPat: "All of Eb is one big mondo joke really."
User avatar
acidburn
Art Daddy
Posts: 11751
Joined: Wed Nov 25, 2009 3:06 pm

Tue Dec 07, 2021 11:57 am

MaxCollinsII wrote:
Tue Dec 07, 2021 11:44 am
Which should I dump some loot into?... MANA or SAND and why? Please don't say both. ty
GmidD I accepted your Discord invite, good luck with your quest.
Ive been in Mana since beginning of the year. Not a crazy huge position but would prob bet more on Sand now. Think they have that game coming out or is it out and it just all seems more user friendly.
User avatar
dundun
Art Connoisseur
Posts: 381
Joined: Mon Aug 13, 2007 11:39 am

Tue Dec 07, 2021 12:12 pm

Finally had my merge minted. I wonder how many people are gonna think, "I paid xx money for a dot?" lol
Post Reply