6529 Profile picture
Feb 20 10 tweets 4 min read
1/ The last 24 hours in NFT UX

✅New @opensea contract does not work with @Trezor @MetaMask combo
✅PANIC! Revoke your OpenSea NFT permissions due to possible phishing
✅I think(?) latest MM build breaks Trezor T compatibility completely (but not sure)
2/ I am easily in the top 0.1% of NFT/crypto sophistication, I have wasted several weekend hours on this and I am still not 100% about some things.

This is an inconceivably bad UX for any normal person.

We CANNOT mainstream this way.
3/ These are not obscure edge case outcomes with obscure firms.

These are three of the five main infrastructure firms in the NFT space who are not coordinating with each other at all

Each of the teams needs to do better on comms, better on coordinating their release cycles
4/ I fully appreciate that everyone is buried in work, but also the amount of capital available to major crypto/NFT firms is basically "infinity" right now.

They need to staff up.

Comms, for example, in NFTs is a 24/7/365 function but it is not staffed this way by anyone
5/ I will give a simple example.
The reason the MM/Trezor combo breaks on the new OpenSea release is because MM does not yet support a certain type of signature for Trezor. The details are unimportant, the important thing is that this issue has been known for 1.5 months now.
6/ The correct answer is for MM to work it into a release cycle before the opensea new contract launch.

The slightly less correct answer is for OS to say "MM is not ready, we need to release to solve the old listings issue, giving you 48 hours warning of this"
7/ The least correct answer of all that the release happens, there is a perfectly predictable bug on one of the most common infrastructure combos, and then it is left to the community to discover what has broken.

I mean this is "worst practices" in release management
8/ This is not OK for the level of volume that OS is doing.

It does not impact me because I am not an active trader, but for an active trader this is a nightmare.

You are stuck in your position (listings, buys, etc) with no warning.
9/ This particularly punishes anyone who is taking security seriously and is working with a hardware wallet with seeds offsite.

It should not be fast/easy to swap into a different hardware wallet if your security is setup correctly
10/ In summary:

@opensea @Trezor @MetaMask @Ledger and possibly others need a permanent working group to coordinate on releases

✅Communication should happen ahead of releases, in a timely manner and 24/7

✅Workarounds should be officially communicated by all stakeholders

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More from @punk6529

Feb 17
1/ There are no other constitutional rights in substance without freedom to transact

Being meaning to write this for 6 months, but the Canadian response to the trucker protests is illustrating this so vividly, that today is the day.
2/ I assume we are in agreement that constitutional democracies are a good form of government or, at least, a better form of government than the other methods we have found to-date.

This means that I am taking for granted the following assumptions.
3/
- People have fundamental rights to speech, assembly, religion and so on
- People are innocent until proven guilty
- The state cannot punish people without due process, which generally means that, in a court of law, the state has to prove you have broken some specific law
Read 57 tweets
Feb 16
1/ NFTs are the most socially optimal art platform we have found to date.

Art serves multiple private and public functions.

NFTs have solved the problem of how to serve these functions simultaneously, plus a few more things.
2/ Let's start with the private functions of art.

On the side of the artist, art allows an artist to express a certain point of view that the artist believes should exist in the world.

This is the creative/artistic/expressive part of art
3/ Artists, like everyone, need money to live their lives, so the economic models that have evolved are, broadly:
a) private patronage/commissions
b) public patronage/commissions
c) purchase of primary pieces (private or public)
Read 24 tweets
Feb 7
1/ Introducing the 6529 NFT Fund

On October 5, 2021, I laid out a game plan here. It is time for an update on how things are going.

2/ The current status update is:

✅ Fund -> launched
ℹ️ 6529 City -> v0.001 (this month I hope)
ℹ️ 6529 Education -> this month, definitely
ℹ️ 6529 Studios -> softer ramp up, maybe this month
ℹ️ 6529 Fam Card -> March (I have some wild ideas)
3/ I will be back on the other topics

Today though, I would like to give an update on the fund, what it is, who is running it, what the objectives are and how it fits into the broader 6529 mission.
Read 27 tweets
Feb 3
1/ Mini-thread

How to improve the Transfer function on @opensea @SuperRare @withFND

Over the last couple of months, I have transferred more than 1,000 NFTs from my 6529 hardware wallet to the 6529 Museum gnosis multi-sig

Improvements can be made...
2/ I am pretty sophisticated and pretty careful and I spent most of the time terrified that I would fumble a cultural grail and, like the dead ringers, send it into the ether
3/ Right now the transfer function on all major marketplaces is absolutely a raw, naked, unassisted transfer.

You put an ETH address in a box and off you go.

If you screw it up, well, sucks to be you.
Read 12 tweets
Jan 24
1/ On Institutions & Corporations in NFTs

The short answer is that "yes, in fact we want them to come, so long as it is on decentralized blockchains"

I know this is going to disconcert some of you, but bear with me for the thought process.
2/ Let's start by going to the future.

In 10 years, we will have digital objects all around us - in augmented reality, in virtual reality and on 3D (and 2D) websites.

It would make a lot of sense for those objections to be persistent and cross-application.
3/ In other words, it would make a lot of sense to be able to take your, say, Fidenza or Toadz from one application to another:
- galleries
- metaverses
- social networks
- marketplaces
- valuation sites

and so on
Read 35 tweets
Jan 12
1/ On Why NFTs Are The Worst Way To Sell Digital Art*

*Except for all the others that have been tried

Winston Churchill famously said: “democracy is the worst form of government – except for all the others that have been tried.”
2/ I always read critiques of cryptocurrencies, blockchains and NFTs, well-meaning or otherwise, with interest.

Often, there is something you can learn, something can be improved, nothing is perfect, nobody is perfect.

I believe in human progress and that things can improve.
3/ After I finish the "what I have learned" part, I then invert the essay/thesis that I just read and ask myself:

"OK, what is the alternative, what is the other way that it can be done? If the author was in charge of the world, how would they do it?"
Read 30 tweets

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