This whole article from @BBC has me so triggered 🙄

one sided take based on ONE attempt to buy an NFT from a 4 yr old project.

bbc.com/news/technolog…
1/ Who’s Mr.Gerard?

The markets fake? There’s over 100,000 active wallets on @opensea,

50k+ daily players of some blockchain games,

4 yrs of organic growth in the NFT industry across over 20 sectors.

Yet apparently it’s fake. smh. We’re all fake. Image
2/ Yes, @VitalikButerin made Ethereum purposely complicated to trick people into losing $ buying NFTs. 😂

Who are these experts? There’s several of them apparently. Image
3/ I don’t know why it’s so hard to comprehend there’s value in something digital.

We’ve accepted there to be value in paper, (money),

and cardboard, (collectible cards), but not digital.

A space we spend over 70% of our time in.
4/ The tech is barely 5 years old.

I remember 2005 internet.

I used to cover my modem with a towel so it wouldn’t wake up my parents at 5am when I’d connect to play RuneScape.
5/ The cherry on top is this is a tech journo. What?

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More from @DCLBlogger

4 Jun
What's the final phase of NFTs?

Many of us think we're heading towards an open Metaverse.

What does that even mean?

Let's explore,

1/
2/ A core concept with NFTs is to give measurable value to digital items.

Be it your art, your land, your name, heck, even effort from you and your friends to be social can be monetized, (social tokens).

We've seen a lot of this in recent years.
3/ So what's this Metaverse thing?

For me, it's alternate connected digital realities where people work, play, experience, etc.

For the above to be achieved, value needs to be given to digital effort, identity and assets.

N👏F👏T or blockchain in general.
Read 10 tweets
29 Mar
Why buy an #NFT when you can just right click save on Google?

Here's why it makes sense.

1/ Thread 👇
2/ First off, what's an 'NFT'?

Non Fungible Token.

Cryptocurrencies are mainly FUNGIBLE tokens.

They can be interchanged equally whether the token was mined 10 years ago or today.

Like how a $1 note = another $1 note = Fungible.
3/ So 'Non Fungibile Tokens' are unique.

Each is different.

You can link these tokens to art, virtual land, game items, tickets, etc.

Basically everything digital and beyond can be attached to a token and thus making it tradable.
Read 11 tweets
29 Mar
Some updates for cryptoartpulse.com

- Track Art sales live from top Art platforms,
- Sort by top 24 hour/7 day sales,
- Artist Wiki,
- Blog,
- Ad placements now available, (get in touch),
- Sales are added live,
- A ton of features yet to dropl,
- Follow @CryptoArtPulse to keep updated.
- Some bugs, (missing some sales, wrong conversions, etc) - Workting through them,
- Feedback welcome!
Read 4 tweets
26 Mar
These '#NFT Art burns' are interesting iniatives from artists.

Basically, collectors can 'merge' x amount of NFTs to create a new one.

Making them more scarce and in effect, more valuable.

Seen it with @Mad_Dog_Jones & @3LAU/@grimemonday, both times the community loved it.
'Token burning', is simply reducing the supply.

It's seen as a mostly favorable thing in the crypto space as it makes assets more valuable.

(Reduces supply), and in effect removes speculators :)
SSX3LAU's 'faces' have gone from $400 to almost $1k overnight snice this news drop. Image
Read 4 tweets
19 Mar
The Genius behind $B20.

How a ~$3.5M investment turned into a potential 9 figure power play.

Using #crypto, #blockchain and decentralized instruments to make this huge.

1/ Thread, 👇
2/ This isn't a call to buy $B20, just an observation of the story and event behind the project.

And how a 50-100x strategy can look like on a 7 figure investment.

I find it fascinating.
3/ Quick recap,

- @beeple bridges the #NFT knowledge gap by introducing a physical with every NFT purchase on @niftygateway.

- Open editions go wild, (601 x $969 = $582k)
- 21 Single editions go for ~ $2.9M

Total $3.5M, a record BY FAR. (At the time).
Read 18 tweets
18 Mar
Alright #NFT Marketplaces.

If you're going to sell NFTs on the primary market, please provide data to support a healthy secondary marketplace.

Some UX pointers from a heavy NFT trader.

1/ 👇
2/ Able to list art by cheapest available so I can keep track of movements.

This tells me sell walls, buy volume, popularity, etc.
3/ A sales feed.

Again, more buyer volume data, collector distribution data and growth.

I literally had to make my own site, (cryptoartpulse.com) to keep track.
Read 8 tweets

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