NFT's Are Really Weird...
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- Опубліковано 25 кві 2021
- It's a new market, one that opens plenty of new opportunities for artists while being filled it's fair share of new shenanigans popping up. NFT's are non-fungible tokens and they allow you to "own" digital media in ways that are comparable to physical goods. Thanks for watching!
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Use code "SOG" at www.gfuel.com and I'll make an NFT laugh.
Muta is 69
Heyy
ok
MUDAA
Alright
Its a more advanced version of the Modern Art industry. Otherwise known as Money Laundering
👀
I saw that coming the moment the tweet sold
True
The idea that modern art is a "money laundering scheme" is basically just the Nazi idea of "degenerate art" look it up on Wikipedia and stop dogwhistling lol
@@bonesworthjohansson7884 uh what?
When cryptbros on the internet spend 2 million on a jpeg, they’re “entrepreneurs” and “investors” but when I do it I “have a gambling addiction” and “need to stop playing gacha games for anime tiddy”
His name is jeff
Her name is jeff
"Hey guys, my name is Jeff"
Why tf would you spend 2 million on a JPEG is where am it.
Women say they love a man who chases them but when I do it with a knife in the middle of the night, I'm the Bad guy??!
It's actually worst for artists, it makes piracy even more profitable and even more difficult to battle.
So if I download someone's artwork, I'm a criminal? My head is spinning from stupidity. Sometimes I think suicide is a viable option for me.
@@slowfieldgenerator ??? What are you even talking about
wasn't there a case where a deceased artist had her shit sold as NFT by some random fucko?
@@slowfieldgenerator I mean, do what you need to, but nobody was saying keeping an online art stash is criminal.
@@slowfieldgenerator If you download someone's artwork, and then create an nft, and sell it's ownership. Yes, you are stealing when you take ownership of the ownership (being the one who defines who own it) of something you don't own.
"good for artists" Yeah the mainstream ones. The small ones that actually struggle have their art stolen by nft people and sold. Also DEAD artists get their art stolen and put as an nft. Qing Han was an artist who died not so long time ago from cancer had her art STOLEN and her brother is now trying to deal with it.
It's a cool idea but it's very poorly executed .
@7 same! A lot of my friends privated their accounts because they were stared of bots stealing art
This seems like a scary new thing, but it's actually an issue as old as the internet and digital art creation itself. You don't give people the full res of an artwork unless you explicitly want it to be public domain. And what's more, if the source is made by a vector-based editing program like Clip Studio Paint, you can pretty much ignore that practice entirely since you can upscale the image as much as you want.
@@arnox4554 Of course it happens, just look at redbubble. But NFTs are more for the "normies" , It has big money and it seems easier ( it actually isn't but people think so)
People in art community know how to fight the scammers on redbubble but NFT is new and people get scared. No one is actually thinking about the artists, its all about the money. Thats why small artists always loose.
@@kenakiruri8340 Make it more secure? Make it so people who sell them need to prove they are the owner/creator of the art.
Yes shitty people exist but we can get rid of them with secure websites. Just like You would not give your money to shady bank you don't sell art on a shady website.
I will not purchase any because I really care about environment and try to be eco friendly c:
@@kenakiruri8340 I get they are okay sites I just think they can be better managed. Twitter is a well known app and many people use it. Still it's full of bad algorithms and people selling drugs and illegal porn. I'm not saying nft websites do that but we both know they can be better.
NFT’s are the very definition of the term “more money than sense”
Making sense doesn't make sense anymore, common sense be damned
you mean rich people
thats just modern art
to be honest, NFTs have way more side efects and just general bad stuff than good, the art community explains it pretty well too.
Oh no artist are making money with out having to go through corporations better shill against it.
"You wouldn't steal a car, you wouldn't screenshot an NFT"
Every paste is thievery!
You wouldnt download a png...
I WOULD download a car
I WILL screenshot an NFT
funniest part is you can screenshot the fuck out of NFTs as much as you want but you still not gonna own it.
Are u gonna screenshot the friggin Mona Lisa too?
@@MisterGorr I will screenshot an nft edit a single pixel and then make an nft out of that.
My main issue with this is that they legit steal art from dead artists (see Qinni's art being stolen) and also most artists can't actually get into it unless they're rich or someone that is rich suggests they get into it, along with the environmental damage.
THIS. I saw the post about Qinni's art the other day and was so mad. fuck NFTs.
Art theft and reselling is absolutely abhorrent. But this is nothing that is exclusive to NFTs. Artists have had their art stolen and resold on sites like redbubble or teespring or any other art-sales site. NFT's are no different. The NFT minting sites are no different than these sites when it comes to art theft.
@@justalittlecreacher So i assume you hold the same standard to other sites where people can sell art aswell? Since people can also steal dead peoples art and resell it there.
@@Jechto1999
Dude legit stop sucking off NFTs, with other art sites you can report that kinda shit but with NFTs you kinda can't, especially since there's already been millions made off of that shit
@@celarts5752 You know that you can file a DMCA claim to the site that hosts the direct NFT Image?
You go to the NFT sold or up for auction. click the ... then report and file a report.
If you fancy a more direct style just send a DMCA letter to the company hosting the minting service.
Lastly i'm not sucking off NFT's. I own no NFTs and probably wont for the foreseeable future. I do however know that they are, so when people like you spread misinformation about NFT's i can correct it.
NFT equals money laundering. It’s just a modern day version on the art industry.
@Three minute noodles it is bad. no probably
money laundering is doing something illegal for money and passing it through a legit business to "clean" it
@@youcalled9191 Na, I love them. I own many, and sell them as well.
Art is used for tax reduction. Say you have a painting. You bring a guy to tell you how much it's worth. You pay him 500 to say its worth 3mil. You donate said 3mil piece to a museum. 3mil tax write off
my dad literally just told me "its some dumb pixel character with slightly different designs, and people actually pay for it"
"ItS 2021 bOoMeR"
Csgo skins
@@blankpage1581 tf2 australiums and unusuals
@@pancakes4795 but at least you can use these in a game you enjoy, NFTs seem pointless to me for now
When he phrases it like that I am tempted to buy, thats like 65% of EA's income right there
People have explained NFT'S to me so many times and I still don't understand it.
I'm an idiot and no matter how many definitions I read, I still don't even understand what a blockchain is.
its like a picture that you buy and waste your money on
NFTs are basically digital receipts except you have to use way too much electricity to make them
But can you just steal someone’s art and get paid for it? Basically does this mean will artists always have to make their arts nfts before anybody else can otherwise they don’t own it?
@@AgenC yes unfortunately. I have seen and heard of artists getting their works stolen and made into NFTs.
I think a significant portion of controversy is not only the environmental issues but also that many people are stealing art work and making the pieces into NFTs without the creators permission, which in combination with the environmental issues, doesn’t exactly leave a good taste for many artists. As for other random JPGs I’m personally more indifferent towards, but the art stealing is a bit rough
NFTs could be found out it’s main source of power is babies blood and Muda would still defend it
100%, if i could press a button and NFT’s would disappear i’d press it no hesitation. Its breeding an environment that i do not enjoy, as an artist
@@franklydoodle350What???? Of course nft’s THEMSELVES aren’t the ones doing the damage, its the crypto
@@ovi5986 Yes, the crypto (ethereum) which acknowledges this, which is why it's moving to a proof-of-stake system where it will use >99% less power.
I think it's quite silly to write off the entire concept of NFTs simply because copyright infringement is taking place, it would be like saying that prints, merch sales, tshirt sales, the entire internet are all awful concepts that should never become a standard, because people are stealing artwork.
Any open marketplace for art will involve copyright infringement, the upside to copyright infringement with NFTs is that stolen art has no value, there is no physical object that you get out of the transaction so you've just handed money over to a scammer for literally nothing, it would be like getting a random person on the street to write up a certificate saying you own the Mona Lisa, you've bought a worthless piece of paper, an ownership certificate written up by the actual owner of the Mona Lisa on the other hand would genuinely be worth hundreds of millions of dollars, even if the conditions of this certificate require the artwork to stay on public display (as is the nature of NFTs)
People this early in the NFT market are probably 90-99% people just looking to sell it later for profit, so people who bought "counterfeit" NFTs will eventually be burned. If NFTs take off as a recognized method of digital ownership, people will easily be able to confirm if an NFT is fake thanks to the nature of the open ledger, no matter how obfuscated scammers may be, the jig is up as soon as you are able to confirm which contracts are legitimate from the original artist, making anyone interested in actually owning an NFT not want to purchase your fake, and if NFTs don't take off and eventually fizzle out and die, then it's worthless anyway, yes it's quite annoying that people are stealing eth from people with this method, but the nature of NFTs mean the artist hasn't really lost out since fake NFTs do not take value away from a legitimate NFT, the only real NFTs in circulation are those made by the actual owner of the work (again, ownership certificates) unlike fake prints, fake tshirts etc which do take value away from any legitimate prints by providing a (usually) cheaper way to obtain a physical good.
@FranklyDoodle Not entirely true, every transaction on a Proof Of Work blockchain has a tangible environmental footprint, when you buy or sell an NFT your transaction is verified by miners, the weight of their verification is based on how much power they've been chugging through on their hardware, obviously each individual transaction has a tiny, miniscule impact but the entire NFT market would make up a sizeable amount of energy, and if it gets more popular that will only increase.
However, the reality is that ~75% of crypto mining is done on renewables already, making it better than centralized financial institutions, since independent mining is automatically incentivized to go renewable for reducing costs, and there are new protocols like Proof Of Stake and Chia's Proof Of Space that are likely to end up as de-facto options in the future that have a miniscule fraction of the power consumption, I fully expect Eth to eventually transition to one of these low-power protocols as they make far more sense, there is no need to have a power-hungry protocol, I would bet my money that BTC will be the only popular crypto to stay on proof-of-work in the next 10 years or so.
I remember when tons of Gorillaz fans dropped them because they started selling NFTs. I don't blame them tbh. It was not very Plastic Beach of them.
Yeah tbh, Gorillaz has become less "Gorillaz", That's the best way to explain it.
@@heatwavechill8598 Yeah I agree. There's definitely a disconnect there.
That’s definitely an overreaction. Pretty sure they’re doing fine without them
Wasn't it something about their marketing team pushing NFTs and Jamie Hewlett had to tell people it's not happening or something?
@@Im.Smaher I'm not a Gorillaz fan but it sounds like it was over the environmental aspect and them being hypocrits about that. So more of a principle thing.
Nft’s are not weird. They are nothing. They are literally nothing. I can literally say I owe every single nft on earth if I just download it / screenshot it. I’m not worth as much.
Agreed, it's just a way to make it sound special and make money out of it. It's pretty amazing that people can make money out of nothing or anything that's already free.
Agreed
They difference between the Mona Lisa and a NFT is that the Mona Lisa still exists after a blackout lmao
i mean you can say that for any fiat currency, but if people will believe nfts to be valueable they will be
@@excruciatingorgasm9976 sounds like onlyfans. Why should I pay for something when I can get it for *FREE?*
I think the environmental impact isnt worse than any major industy BUT the fact that it effects the environment negatively and there is 0 gained out of it is the issue
yeah, the difference between NFTs and banking/grocery stores/automotives is that one is a necessity to society and the way most of our major cities are built, while the other is just “hehe i own a useless code to a useless jpg”
@@franklydoodle350 totally useless? Can you imagine life without entertainment...
Your statement that NFTs add nothing to the world is not true though. NFT's allows the transfer of any digital asset wherein the owner of that asset can be verified within the blockchain. Like cryptocurrencies, NFTs have the benefit that the verification of that ownership is not reliant on a single authority.
Whether the benefit is worth it when it comes to the environmental impact of the blockchain that hosts the NFT's is up for discussion. But that doesn't change the fact that there is some benefits with NFTs
@@franklydoodle350 The entertainment industry is the only thing keeping people sane with all the bs happening these days.
@@franklydoodle350 bet you are fun at parties
"that's great for artists"
From my observation of the art Twitter community, it is highly shunned upon, especially since when NFT's kicked off and when there were twitter accounts that would take from artists on twitter without consent and turn their work into NFT's.
Yeah most that I've seen talk about it have been very very negative on it or have actively had their artwork stolen. Regardless of how valid it may be otherwise this seems to be starting up immediately to be a way to screw actual artists over by stealing and upcharging stolen artwork.
Imagine needing consent to save an image
@@baileybartley2463 no, i mean they'd turn peoples art into NFTs without the artists consent.
NFTs aren't good for artists, most digital artists hate NFTs because they incentivize people to steal art and makes it very profitable and hard to track
@Nikki Mori Thanks for the correction, english is not my first language
most artists hate it cuz they don't understand it and the only place they getting informed on it is from dangerously retarded twitter users and mainstream media propaganda.
It doesn't incentivize stealing, it's actually made for quite the opposite reason.
If someone trynna "steal" art and resell it they just trying to fool some newbies who should learn and make extra sure that what they are buying is actually been minted by the original artist. It's really easy to check.
I've made this same point on a few other comments, but it's worth recognizing NFTs for what they are: certificates of ownership, there is no NFT that gives you exclusive access to something tangible, afaik every single NFT is attached to an image/song/whatever that is easily accessed, copied, and distributed digitally anywhere anytime.
When someone is stealing art to make an NFT, they are more or less writing up a worthless ownership certificate, it's not like selling counterfeit prints or using stolen art to make tshirts, a fake certificate of ownership doesn't undermine the value of a real certificate of ownership, the only certificate that has genuine value is the certificate written and authorized by the legal owner.
Artists shouldn't feel obligated to track and stamp out fake NFTs, the person buying the NFT should have had the sense to verify the legitimacy of the certificate they purchased, if they are concerned that their art work is being "stolen" then they should, again, remember that the NFT is just a certificate, what is happening is that their art is being used as a medium to scam someone else out of their money, they aren't taking money or potential profit away from the artist, they're like a hooded masked man selling Mona Lisa ownership certificates in an alleyway, the actual owner of the Mona Lisa shouldn't be worried about the masked man "stealing" the Mona Lisa, because he hasn't, he's scammed some idiots out of their money, he hasn't taken value out of selling printed copies of the Mona Lisa, and he hasn't taken value out of the potential eventual resale of the genuine ownership of the Mona Lisa.
@@PsyDin_ very well said sir!
@@MisterGorr I actually understand how it works, and it's obvious that it's no good for smaller artists like me. Because it's either I go and mint all bunch of my artwork, I private my accounts, or I go around on every website trying to do dmca takedowns instead of me actually doing work. Because the person selling my artwork can just pretend that there's someone else that they're not. If people are able to steal credit in the traditional art world, then they can do it here.
See, these aren't about the art. Its about the money, the art just serves as a symbolic piece of worth.
im sorry for being an asshole but if you can sell sock clipart for thousands & sell stolen assets with a gold filter for millions then you’re right, it’s not about art. it’s about reselling something infinitely to gamble and see if you can sell more than what you bought, and that in itself makes the symbol useless
It's about laundering money. Always has been.
Yeah, nft art is very same-y. Im in the artist sphere, and half of the nft art looks like someone looked up a couple blender tutorials and ran with it >_>
@@ovi5986 it's difficult to onboard real artist to the space so it's a bit diluted with trash made by those how are crypto savvy and not actual artist. Space needs authentic designers.
Just like iphones
"NFTs are good for artists" who already have enough fame to start there. I am artist, and many of my friends tried NFTs. Some of them are top people on behance, proper artists, and for months they haven't sold a thing on NFTs. In fact none of people I know personally ever earned a dime there, and from the best artists i know through internet, almost no one managed to sell it.
People, do not fall for it, unless you are at least half as famous as Beeple.
exactly. these are only good for already famous artists. this does absolutely nothing good for the undiscovered, smaller artists.
@Drake S. Redway This man gets it!
They need to generate traffic to their NFT first. No one’s gonna buy it if no one knows what it is.
@@mango_sheikh786 could just commission an artist instead of being so extra. you could even get the photoshop or csp file instead of just a jpg or png lmao
What I'm confused about is why do we need the concept of nfts to support artists. Most of them already do commissions and you can pay and ask for a personalized artwork that is MEANT for you, and the sad thing is nft makers are stealing artworks from people like Loish and unofficially selling her artwork as a nft. I honestly think this is more of rich people trend than a way to support artists
definitely a rich people thing. to even create an NFT, you have to throw down $250 minimum. the "starving artist" stereotype is often too true; most artists cannot afford to gamble with $250
Fuck yeah
I can commission one of my friends for a unique piece like "a flamingo fighting a hippo" or some dumbass fuckery that looks so much better than an ai generated image that looks like a doll maker dress up game. And beyond that, I'd be supporting someone financially with what I pay for and what I get
Yeah nfts are pathetic and should cease to exist
An issue is that people are stealing tweets and art from artists and selling them as NFT's. The artists dont want any of their content made into NFT's and many of these sites are garbage about removing their art if they manage to find it.
Lmao abusing this made me profit a little. Yeah not fair, but money is money.
@kimberly xer He's the same type of guy that wants to pay artists in exposure lol
@@sorrychangedmyusername3594 Atleast you're honest about being a scumbag, i can respect that.
I'm gonna create thousand of NFTs out of Disney Pixar movies frame by frame
Make that bread 🍞 fella
I'd be glad to help..
You best start with Shrek 1 & 2!
Especially the 42069th frame of shrek 1 and 2
New CEO of disney here folks
"I'm one of those users who right click an image, saves it, and keeps it forever on their phone" do this guy uses his phone with a mouse?
Yes
That's what you gotta do after you install Linux on your phone.
I heard that too. Muta's just so advanced he can right click on his phone.
Yea sounds like a great idea to me.
A lot of people sync their photos between their computer and phone...
NFTs: yeah let's waste a bunch of energy so I can feel special because God forbid I have the same thing other people can have.
I mean collectors items have been around for a long time.
Yes but some guy owning 12,000 beanie babies isnt leaving the same carbon footprint as a small warehouse
@@SaltyViper someone owning a collectible figurine isn't going to destroy the environment quite the same way as NFTs.
@@franklydoodle350 “just because NFTs waste an excessive amount of electricity that is being produced by coal plants doesn’t mean that NFTs are harming the environment!”
Seriously though, energy usage *is* a direct environmental impact. Not only is the production of that energy contributing CO2 to the atmosphere, the consumption of that energy in order to mint the NFT produces a lot of waste heat that is dispersed into the atmosphere. NFTs are directly harmful to the environment.
@@ChonoRock1198 I mean...well the factory that produced those 12000 beanie babies sure did use a lot of energy and expel carbon into the environment.
I’m a freelance artist, and I’ll stick with using paint and pencil till my dying breath
your wallet must be begging you to do otherwise
@@slyose6154 wallet? Haven’t heard that name in years lmao
Oh I love doing digital art but i cant stand the nft community man.
@@ovi5986 I do digital art as well. It’s really useful imo
The future is now young man
This is just deviantArt OC adoptions but spicy
at least you can actually do things with those ocs, even though you can literally just make your own look-a-like instead of wasting money
And somehow worse
lmao this really got me
Great idea, time to start selling DA adopts as NFTs.
The fact Chadwick Boseman was commemorated as an NFT at the Oscars sounds about as 2021 as it gets
They stole a 50 dollar unity asset and are going to make millions and only 50 % goes to charity
White people doing white people things
*_I'm sorry they did WHAT to Chadwick Boseman?_*
@@ripleyandweeds1288 mhm. They got a 3d model of Chadwick for 50 dollars, coloured it gold and put the price to I think a million or more. Not sure if it's the Oscars themselves, rather some rando
@@ripleyandweeds1288 Bro as if the Oscar's weren't already racist. I'm over hollywood.
"Two things are infinite: the universe and human stupidity; and I'm not sure about the universe."
So far NFTs seem to only benefit big artists. All I can see is many artists getting fucked and their art being stolen for profit. That includes artists like Qinni that passed away last year. That's an issue that'll only get worse with time. So many artists out there are actually pushing against it because they simply see no value and only issues with how it works currently.
finally we're approaching the cyberpunk world we always wanted, except that instead of dark neon ambience you get people buying nfts of a png sock image at $2000
@@ORiOh4582 I would like a refund on Cyberpunk 2021
The only functional purpose I could see to "owning digital assets" like this would be able to hold the copyright to be able to use the files commercially without recourse, like stock images. But it sounds like that's not even happening since so much is stolen and no one involved seem to understand what copyright is in the first place. So... I guess people are just throwing money around for big boy points?
0:30 Yeah, I right-click on an image, save it, and keep it forever on my phone. Who doesn't?
“Some people want things physical” That’s why I stole a girl cosplaying as a cat girl
Good job
Gib her back!
How much are you willing to sell for
release the cat girl!
bruh
This shit sounds like the Rare Pepe meme but taken seriously
That's what I thought as well
The only thing I can see NFTs really being useful for is like. Getting access to uncompressed original versions of things. There is a difference in the video that is uploaded and the one on the original computer, for example, since UA-cam compresses stuff. But that’s it.
Reminds me of those ads that target old people about buying gold for future security.
That... that is actually pretty accurate lol
Why save an image, when you could spend your life savings on it?
to own it
and to preserve value in a way. I'm rather buying NFTs from famous artist then keeping my money in my country's corrupt fucking inflated piece of shit currency.
@Chris Mclean would do it ngl
@@MisterGorr You can't own a digital file. The entire point of digital files is that they can be replicated infinitely.
@@NUKELEDGE This is where NFTs come in to solve that issue. You see, when u buy an NFT you don't actually buy the file itself but a token (hence "non fungible token") instead that represents an immutable, cryptographically verifiable piece of evidence of ownership.
Sure, anybody can take a photo of the art, anybody can see it but only one person can actually own it. Same thing with the Mona Lisa. You can look at it, take a picture but it will always be owned by the French government.
*_”Imagine being active on Twitter, and rich”_*
_- This post was made by the poor yt enjoyer gang_
youtube is the best, twitter poopoo don't use twitter m8
@@0sus UA-cam? Best? LMAO
@@ventoro2376 name your best then
@@0sus Average p hub enjoyer: ha
@@IngvarMar there's no best every platfrom have their flaws but I think the best for me is the hub
One of the most outrageous examples of NFT’s I’ve seen are the officially licensed NBA “Top Shot” trading cards called “moments” you’re just buying clips of plays you can find for free on UA-cam to trade for more lucrative “moments” the whole point in trading cards is the limited availability and tangibility. Tangibility doesn’t exist in video clips and the limited availability could always be increased because there is nothing stopping the company from making more.
They're not even good for artist protection. They've been used for the exact opposite since their inception.
I'm just glad I'm not the only one confused by all this
Same
I seriously don't get NFTs, as a digital artist this shit is just fucking insane, commission an artist like a normal person. Not only for the fact that it's horrible for the environment, but it's just???? It doesn't make sense ???? WHO WANTS TO BUY A JPEG????? WHAT IS HAPPENING ANYMORE MAN
I must be getting old too because I couldn't understand a word of what was being said, even with Muta dumbing it down for us.
How to troll idiots on the internet:
Step 1: Right click on image
Step 2: Left click Save As
Step 3: Begin trolling.
I just got done playing vr and you uploaded. Perfect timing!
Sauce for your pfp?
Perfecto (:
@@YGR12five7 ah the kaboom anime
@@YGR12five7 thanks man
Did you sleep in minecraft?
This sounds like selling Rare Pepes, but with extra steps
precisely
...Holy shit I have lived to see the day when actually selling rare Pepes has become viable 👀 astounding.
i didnt think wed really be here honestly lol
69 likes haha widepeepo
(did I do it right Im so out of touch)
"I can save the image but I don't own it"
So? I still have the image. I can still do whatever I want with it. You're literally just paying for a receipt at that point. Not to mention, unless the artist sends you their literal hard drive with the image in it, you're still just receiving a copy.
and the person who paid for stolen art also don't own it, but is also a looser who paid for stolen shit :/
Ikr.... if i’d pay for that, i’d want the project files lmao.
eye opening post, I just went and downloaded a bunch of van Gogh's paintings. What now?
@@MisterGorr "you wouldn't download a car" vibes, yes of course I would download a car
@@ovi5986 sum people do that
Remember that sound that those birds made, from Finding Nemo... Sounded like they were all shouting a word. Sounds veeery familiar right about now
The literal photos I take are more worthy of the 2.9 million dollar price tag than a screenshot of a tweet. #ShitonJack.
I mean...you could turn those into NFTs and probably legit make 2.9 mil.
@@NexLegacyAccount thats just a scam. i own this comment therefore i can sell it to u.
I've been on the internet for a long time and I have never heard of an NFT ever, guess I am a very old embryo then
"Great for artists" except for the ones having their art stolen off of Twitter and auctioned without their knowledge, consent or profit.
Many artists actually hate NFT's. People are selling stolen art pieces at really high prices and they even stole a deceased artist's artwork and put it up as a NFT. I know that people's artwork get stolen all the time in social media but most of time it's only for exposure, it can be bad but not as bad as the amount of harm that NFT's cause at the environment. Even putting the stolen artworks aside, most of the people who buy NFTs doesn't care about the art at all. They're just trying to make profit of off it. Artists are literally selling their artwork to bunch of random people instead of their actual followers.
I still don't quite understand how a digital randomly generated token anyone can create can be considered as "the one" token for that artwork. If I for instance, hypothetically of course, find some artwork on instagram and just copy it and make an NFT token out of it, then that NFT token is just as legit as the one the original artist would have made. The only difference is really who created it and who owned the artwork at the start. I don't see how NFTs are useful at all to be honest.
Yeah. I feel like when people sell the slightest, and insignificant things like a tweet for millions of dollars, it just doesn’t sound right to me at all. I can understand why art can sell for a lot of money, but the things that some people want to put up for tons of money that isn’t really worth bidding on, it’s just something I’m gonna walk past and ignore. But I definitely like being informed about these things by Muta. That man is doing some great researching into these things. But yeah, that’s just my opinion
@@TheFlamingGamerYT I mean some people will pay crazy amounts of money for anything, so I don't really care aobut the 2.9 million dollar tweet. But I completely understand the idea of NFTs being tokens that could represent someone's digital creation, much like a signed physical painting and so on. But NFTs don't do any sort of true signing as far as I know.
My brain can't puzzle together why NFTs are as big as they've become, and I can't figure out why people like it so much. Not sure if it's from a lack of understanding how it works or just me not being interested in selling anything digital like that, or anyting else.
The NFT technology is quite interesting but I simply can't figure out why people are THIS interested in it. Maybe I'm just stupid :^)
@@avananana Naw, I wouldn’t say your stupid (I say that just because not only some of us don’t truly know it, but I just don’t wanna call peeps stupid, I’d rather say that you don’t really know about NFT’s because they’re just now being brought to our attention). I’m just gonna still go on doing whatever I’ll do in the future, and I probably won’t invest, or join to make NFT’s. And like you said, I too don’t see any actual good reasoning for NFT’s being a thing. By the way, how are you doing today?
Better to see it more as a "receipt". When you buy something IRL, a proof of transaction is printed on a paper and given to you. When you buy some bullshit for cryptocoins, a proof of transaction is put into a large list (aka. a large blockchain). But this doesn't mean NFTs are worth a damn from a legal standpoint, because there's no legislation around it.
So the Dilbert "What color would you like your blockchain?" is becoming real? Man the boss was actaully smart huh.
I remember Gorillaz announced they were coming out with NFTs and the fans were upset. One of their albums, Plastic Beach, was about pollution and the fans thought they were hypocrites. It turns out, the creators, Jamie Hewlett and Damon Albarn weren’t aware of this decision and instead was the marketing team. They have posted an apology and it’s just an Instagram comment and the fans on Twitter are still saying they need to post a real apology.
I was one of those disappointed fans but I never heard anything about an apology
I feel this is one of those “quirky” trends that will last a few months and die out.
"Maybe if you were just born". Muta, I'm sorry to say but I haven't been born yet :( .
F if i weren't born yet i wouldn't even live anymore
Hello my favorite brown man.
I am also brown but I'm Mexican
@@burnttamale
Me too
@@WatiSaurus Kewl 😎
Some nfts are also stolen art which kinda goes against supporting artists :/
My head is imploding trying to understand this and I was born in the 2000's , bruh
i was just thinking that i still have no idea what nfts are and then you post this haha
Some random dude: "I've created a method to clasificate digital data"
Cryptotards: "oooh boy im going to overinflate a new asset for personal gains"
Seethe more nocoiner
@@anomitas seethe*
@@slowfieldgenerator fixed
@@anomitas fix*
@@slowfieldgenerator no
Bro, it's like you said, there's artists out there that are having their work stolen and sold off as an NFT. This shit is just shady af.
As an artist, NFTs are horrific and extremely harmful to us, the environment, and the view on digital artists in general. They are not positive in any way whatsoever
Nft is actually incredibly debatable in the art community because it broke the door and the plaster around the door for art thieves.
So we can only steal props the size of the door? Guess we have to tear down the wall too
I'm still trying to wrap my brain around the idea of NFTs, maybe I'm just too old lol
you're absolutely not too old, i'm pretty young and i just think these are stupid lmao
Basically an NFT is the receipt for a transaction of a file. There isn’t actually any proof of ownership, nor does it prove that the file is the “original file” of anything. All it is, is a proof of transfer.
The main problems with it are that it takes a small city’s worth of energy to mint one, and that any random fuck can take someone else’s intellectual property and make an NFT with it to sell.
whatever u do just don't try to understand it from the comment section, people are being extremely retarded about it. It kind of funny tho but hurts me in the same time. :"D
I'm a teen and I still don't get it. Why? Just why...
@@hidinginyourcloset Same thing I can suggest you too. Definitely don't try to understand it from the retardation most of the commenters are spouting in here. Go get your hands dirty. Start using Ethereum, join crypto communities and learn from videos made for education purposes and not for trolling.
lmaooo I thought u were gonna talk about Not For Trading and I was so confused
NFT sales for money laundering and copyright claims are crazy for real. Nice vid,
I’m confused can people just take a photo of someone else’s art and get paid for it?
No
@@soarrefly yes actually. Art theft is a huge thing in the ntf community, its highly incentivized in fact.
@@ovi5986 um no? Screen shotting an nft is not art theft because there isn't a block chain attached to the screen shot, no one's profiting or losing from doing this.
@@soarrefly he said screenshotting artwork that isn't yours and making into a NFT. You see all over the community
@@soarrefly Until the relevant cryptocurrency becomes *legal tender,* it doesn't mean shit (from a legal standpoint) that a token in a blockchain refers to an "NFT:ed" image. You can't expect a currency to be useful when only a tiny fraction of people find it valuable in real life.
Who gives a shit about “”””owning”””” an image, when a copy of the image of the same thing is... the same thing as the original image.
At first as a fan of you .... but a huge crypto head ... I thought you might been rash but then you said exactly how I feel about nft’s, nft’s will help music artist for sure and owning your homes deed as a nft... man a lot of good can come
Got an NFT ad on this
Muta is at his best when he’s doing internet phenomenon videos. Change my mind.
I personally think hes at his best when hes showing us the power of Virtual Machines, but your opinion is valid :P
can you talk about all the new ufo info thats come to light recently and the pentagon confirming the authenticity of all the leaks i feel like its not being talked about as much as it should be
74% of all BTC mining uses green energy. It's one of the biggest funders of green energy projects directly or indirectly.
The oyster quote always gets me
Wait so you're telling me I can get my whole entire art gallery stolen and sold on this site? Huh
Better steal your own art first then
Yep
Sadly
yes and it's already started happening. Look up what the NFTers did to Qinniart's work
No. No people in their right mind is going to buy or "invest" into art without checking it's authenticity first. Some low IQ people with money might still gonna end up doing it tho.
Things to look out for when you buy:
1. check mark (this don't apply to rarible cuz that place kinda aids)
2. Artist's social media. Did they publish news about going into crypto?
3. If not sure at all just literally shoot a message to the artist asking if they are minting NFTs. If not, then don't buy. If yes, happy days.
One day the Muta laugh gif will have a value of millions of dollars due to NTF
NFTs only work if the file hash is the same. you could copy, paste and modify, and since filehash is different, it is a completely different thing.
i got an NFT ad before the video
nice.
NFTs are like the worst of all the art world has brought us.. people want to own them like assets instead of like art..
What do you mean I physically can't own the 16th chapel ceiling painting? I own the token and I'm verified, so clearly I'm the original artist.
Bang! A new video right before bed. Got something to watch now
I love how I got an NFT ad in the middle of watching this
NFTs are such a goddamn waste in every aspect. People are spending millions on ugly JPEGs and burning up the planet to do it.
I love this Guy! 😂💀
I once got an e-mail from a lady, saying she likes my modified version of CS1.6, and that she would like to use it in her tournament things, while also adding playermodels that use digital clothing made by her community. The name of this company is ESPA, and her main company is DIGITALAX. I chatted with her on discord about how to change the playermodels and stuff, and she hasnt been replying to me for ages.
The amount that people are spending for something you can screenshot just proves a point I once said to someone and that is you can take a piece of shit and sell it online for $1,000,000 and someone out there will buy it, you just have to find them.
As an artist it's been a double edged sword, allowing you to make a living from what you're passionate about but at the same time half of twitter wants to crucify you for killing the environment, the pressure is a bit too much
Twitter is full of pedos and communists, they are in no position to judge you or your work
Eh,there are better ways to make money off your art that are less confusing and engery wasting
Not just that, you rarely make money off of it if you dont have a following before hand, and its blown the door wide fuckin open to art theft. Nft’s are a negative in my book
@@artxhema2844 "twitter, the land of pedos and communists"
Finally a way that Sonic OCs can become original. DO NOT STEAL, amirite?
People that bought NFT is the type of people that didn't know how to right click
imagine a song NFT.
now imagine that the means of access like spotify would be a blockchain.
the artist could set the rights for his song himself an spotify would have to pay him directly to use the song on their plateform (exemple the artist could charge for each use)
it would decentralize art in that sense
Movie studios could put there movies on the blockchain as NFT and they could rent the access to it directly as well as promotional clips that we could use for reviews on youtube. We could see everyone using the clips just by clicking on it because this kind of information is accessible on the blockchain. There is so much to do with this technology.
These thumbnails are getting better and better
As I walk through the valley of the shadow of death, I take a look at my life and realize there's nothing left
wtf bro?
@@MisterGorr it's lyrics from Gangsta's Paradise
@@Chillwave6 haha lol, I didn't realize. I though this guy was having a meltdown.
He might still do tho. What the fuck does this have to do with the video?
8:00 well the squeaky wheel gets the oil I suppose. Lets keep ramping it up so people are forced to adress the issue and find a better alternative.
once i saw that there was nfts of art by qinni (a late artist who died of cancer) i just cant think of nfts without feeling disgusted in someway
Years ago I sold "Not a Goddamn Thing" in Jita in EVE Online. It was just a bookmark I made and was completely worthless but I marketed it in a funny way and actually sold lots of then. I guess I was a visionary.
In the future you will own nothing and be happy
So essentially, this is TF2 Hat trading on a whole new level
Basically yes
it's like trading for burning flames team captains or golden pans, except instead of tf2 it's whatever the fuck this is
its like tf2 hat trading but you can download hat files, change a few pixel colors and sell it as a different, unquie hat
I have a proposition.
Why don't we go to nft sites, screenshot a whole bunch of them. Make our own nft account and then sell them at a lower price
Copyright and ownership become weirder these day