Hundreds of hours of work went into compiling the data, modeling it, trouble-shooting it and so on.
3/ What do I see here?
I see the beginnings of a new funding model, not just for art, but for collectively funded citizen science.
This particular NFT is as much science as it is art, not far off from the type of work that might receive a research grant or be a thesis.
4/ I am glad that:
a) this work exists in the world
b) it exists in a format that it is free for anyone to view
c) there is a mechanism to reward @MattScobel economically for such great work
d) this mechanism provides me with an incentive to buy it
5/ In theory, this all could have been done without an NFT, but I think in practice it is impossible.
I had no idea that I wanted to support this until I saw it.
2/ For me the most amazing thing about art is "you get to see the world through someone else's eyes"
What more incredible thing than this? I go through life trying to absorb as much as possible - through travel, through books, through as much inflow to my brain as possible
3/ Art is another way to do this, from very practical "here is a picture of an iceberg or person that I might never see IRL" to conceptual "here is what Dali dreams about"
We are going to make a run at changing the arc of history.
It is a Return of the Jedi vs the Death Star style mission.
They have the money and the power. We mostly have our brains, our community and gm.
But it might be just enough
2/ A step back.
6529 has been involved in crypto since BTC summer 2013.
From the first day, I was convinced that BTC and its successors would change the world, make it a better world, decentralize power away from choke points, and that this was a net good for humanity
3/ I played a small role in BTC's development and acceptance.
Small in the scheme of things, but important to me, and, at the time, it was a "risky" move.
And since then I have been waiting for our more decentralized social systems to emerge.
Are Ethereum gas prices expensive for buying, transporting and storing art?
My 🔥 take is that they are very inexpensive relative to what they are replacing
Is this because 6529 buys 1,000 ETH pieces? NO!
We will work it out on less expensive pieces
2/ I just bought some 0.1ETH "gm" pieces (so about $350) and have been paying about $35 in gas (10% of the price), so 90% to the artist and 10% in distribution costs.
Is that a lot 🐳or a little 🤏?
3/ Well, what is my alternative in IRL?
~ For any physical object you buy at retail for $350, not just 'art' but the cool vase on your bookshelf, somewhere between 40% to 75% of the cost is 'distribution' costs - from transportation to middlemen to the cost of the store / staff