WTF is Crypto Art?
I know more people who have had issues with prints being stolen or damaged due to house issues then wallet being “hacked”. Anytime I’ve heard of any issues with wallets, the person was just an idiot or lost they key.
I’m definitely not here to convince anyone but there definitely is a very large and global group of people who do back this. That pool continues to grow as it gets accepted more and more.
I’m definitely not here to convince anyone but there definitely is a very large and global group of people who do back this. That pool continues to grow as it gets accepted more and more.
you also probably know more people that have prints than have crypto wallets... third-parties being hacked have little to do with how stupid people are.
it's a gamble, like most all crytocurrency is. when the company dies or the network goes offline so does all your "value" with it. everyones on the crypto bandwagon trying to make money of it.
https://www.technologyreview.com/2019/0 ... ng-hacked/
it's a gamble, like most all crytocurrency is. when the company dies or the network goes offline so does all your "value" with it. everyones on the crypto bandwagon trying to make money of it.
https://www.technologyreview.com/2019/0 ... ng-hacked/
You're definitely right about me knowing more people about prints but I've been following forums for the past 4 years to see common issues. Its not very rampant as you're making it seem.
Again, I'm not the smartest person with this stuff but while I think a code can be changed, I'm not entirely sure a token can just disappear. And if we're talking about the code being changed, I can just compare that to me doing a second run of an actual print. You're sort of hoping that doesn't happen.
I personally find it exciting and if it takes off it takes off. It's something in our field and instead of just throwing it to the side, I like seeing all of the options.
Again, I'm not the smartest person with this stuff but while I think a code can be changed, I'm not entirely sure a token can just disappear. And if we're talking about the code being changed, I can just compare that to me doing a second run of an actual print. You're sort of hoping that doesn't happen.
I personally find it exciting and if it takes off it takes off. It's something in our field and instead of just throwing it to the side, I like seeing all of the options.
Welcome to the Fourth Industrial Revolution. (Industry 4.0)
Other platforms include:
https://knownorigin.io/
https://superrare.co/
https://www.blockchainartexchange.co.uk/
Other platforms include:
https://knownorigin.io/
https://superrare.co/
https://www.blockchainartexchange.co.uk/
Hopefully add us soon to that listnc wrote: ↑Mon Nov 09, 2020 5:20 pmWelcome to the Fourth Industrial Revolution. (Industry 4.0)
Other platforms include:
https://knownorigin.io/
https://superrare.co/
https://www.blockchainartexchange.co.uk/
- 63schoeffling
- Art Expert
- Posts: 8253
- Joined: Sun Jan 01, 2012 10:52 am
As someone balls deep in crypto and the art world...it’s a tough answer as I am not totally sure myself but I will try to sum up the main points.
NFT’s in general are going to be huge on the Ethereum chain, I just have no idea if that means the art, sports related stuff, gaming/cards or a ton of other digital stuff that I could spend all night jabbering on about. The ten thousand foot view is... reward the creator of the art for the OG sale as well as a percentage of any other sales down the line with royalty money. That’s pretty awesome. The big issue is that you need to create stuff that people want and will pay for - or else it’s kind of a moot point.
Keep in mind, as young as crypto is - the NFT world is basically a newborn so I will be watching to see what direction it goes in the next 5 or 10 years but there is absolutely going to be some stuff that just takes off. Is that art? Beats me but I am sure some of it will. I can’t say I am lining up to buy art digitized onto the blockchain but then again that’s the case with anything collectible be it posters, pins, movies, etc.
As far as having it stolen... so far all of the sites I have seen use the standard ERC-721 format so if you connect to your MEW through a Ledger, you are gucci, as the likelihood of a Ledger getting hacked is basically non-existent. But the security of wallets is a discussion for another day.
Tldr- gambling
Edit: As far as having the site hacked, that’s irrelevant. The art you buy off of SuperRare or wherever is stored in your wallet. You can trade all sorts of NFT’s on OpenSea and other sites so if SuperRare shuts down... makes no difference at all.
NFT’s in general are going to be huge on the Ethereum chain, I just have no idea if that means the art, sports related stuff, gaming/cards or a ton of other digital stuff that I could spend all night jabbering on about. The ten thousand foot view is... reward the creator of the art for the OG sale as well as a percentage of any other sales down the line with royalty money. That’s pretty awesome. The big issue is that you need to create stuff that people want and will pay for - or else it’s kind of a moot point.
Keep in mind, as young as crypto is - the NFT world is basically a newborn so I will be watching to see what direction it goes in the next 5 or 10 years but there is absolutely going to be some stuff that just takes off. Is that art? Beats me but I am sure some of it will. I can’t say I am lining up to buy art digitized onto the blockchain but then again that’s the case with anything collectible be it posters, pins, movies, etc.
As far as having it stolen... so far all of the sites I have seen use the standard ERC-721 format so if you connect to your MEW through a Ledger, you are gucci, as the likelihood of a Ledger getting hacked is basically non-existent. But the security of wallets is a discussion for another day.
Tldr- gambling
Edit: As far as having the site hacked, that’s irrelevant. The art you buy off of SuperRare or wherever is stored in your wallet. You can trade all sorts of NFT’s on OpenSea and other sites so if SuperRare shuts down... makes no difference at all.
Schoeff Bomb!63schoeffling wrote: ↑Tue Nov 10, 2020 8:52 pmAs someone balls deep in crypto and the art world...it’s a tough answer as I am not totally sure myself but I will try to sum up the main points.
NFT’s in general are going to be huge on the Ethereum chain, I just have no idea if that means the art, sports related stuff, gaming/cards or a ton of other digital stuff that I could spend all night jabbering on about. The ten thousand foot view is... reward the creator of the art for the OG sale as well as a percentage of any other sales down the line with royalty money. That’s pretty awesome. The big issue is that you need to create stuff that people want and will pay for - or else it’s kind of a moot point.
Keep in mind, as young as crypto is - the NFT world is basically a newborn so I will be watching to see what direction it goes in the next 5 or 10 years but there is absolutely going to be some stuff that just takes off. Is that art? Beats me but I am sure some of it will. I can’t say I am lining up to buy art digitized onto the blockchain but then again that’s the case with anything collectible be it posters, pins, movies, etc.
As far as having it stolen... so far all of the sites I have seen use the standard ERC-721 format so if you connect to your MEW through a Ledger, you are gucci, as the likelihood of a Ledger getting hacked is basically non-existent. But the security of wallets is a discussion for another day.
Tldr- gambling
Edit: As far as having the site hacked, that’s irrelevant. The art you buy off of SuperRare or wherever is stored in your wallet. You can trade all sorts of NFT’s on OpenSea and other sites so if SuperRare shuts down... makes no difference at all.
- 63schoeffling
- Art Expert
- Posts: 8253
- Joined: Sun Jan 01, 2012 10:52 am