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Mar 15 • 7 tweets • 2 min read
1/ So check out the @CozomoMedici thread below for an interesting example of how the golden age of "enlightened" punk management of, checks notes, 3 days ago, was mostly projection by punks holders, not reality

Part 1:
2/ Part 2

3/ Part 3

4/ Part 4

5/ The approach by UTA, if as described, was a cheeseball-fest.

Nothing OG, nothing NFT-native, nothing web 3, not artistic, not even the slightest hint of enlightened self-interest about it.

The fact that this whole episode wouldn't happen this week is a step forward
6/ Now some will say "oh, I don't want anyone in charge - I want to go to CC0 now"

That is fine, that is logically consistent. But commercial rights is better than no rights.

And the big execution battle in PFPs now will be commercial rights networks vs CC0 networks
7/ Good luck to all projects out there and...

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More from @punk6529

6529 Profile picture
Mar 12
1/ On Punks and Yuga

I have slept on it and my conclusions are were they were last night.

Going put to put them down for the historical record and we will see, in a 1 month, in a year, in a decade, how they age
2/ First some background (OGs can skip the next couple of tweets)

@larvalabs created the CryptoPunks, the Meebits and the Autoglyphs

The licensing regime to holders was basically non commercial use only, with very limited rights as noted below
3/ The rights to Meebits holders (and assumed to punk holders too) were:

✅Up to $100K per year
✅No digital collaboration (physical goods only)
✅No brand collaborations

They are, for an NFT, basically useless rights. Literally, you can make a hat.

meebits.larvalabs.com/meebits/termsa…
Read 63 tweets
6529 Profile picture
Mar 10
1/ Not sure if I am supposed to laugh or cry about this.

This is what happens when the state leans on social networks to manage speech.

Even when the state is not allowed to do so directly (🇺🇸)
2/ "You can't advocate violence, except against Russian soldiers if you live on Azerbaijan, Slovakia and Ukraine" is the type of thing that belongs in a satirical book about doomed regimes, not the actual policy of one of the most valuable tech companies in the world
3/ Or how about this one - "you can't praise Neo-Nazi groups except for these 900 in the Azov Battalion in the context of the current war"

That is...weirdly specific, no?
Read 10 tweets
6529 Profile picture
Mar 6
1/ I like the mfers. I have no special insight on their future (let alone their price) other than I like their vibe.

@sartoshi_nft is about as NFT-native a vibe as it gets and his hands-off approach here is on brand.

The @6529capital fund bought an alien last week
2/ The 6529 Museum bought an ape and a zombie on secondary when they minted
3/ And the museum minted a bunch of humans during the mint
Read 7 tweets
6529 Profile picture
Feb 27
1/ SWIFT decision taken and I am going to take a "predicting the nuances" victory lap on this one that the media mostly did not get in advance.

Sanctioned banks disconnected, other Russian banks left on the system to allow for oil/gas payments.

2/ According to the Wall Street Journal, the main concerns were:

1) Allowing for oil/gas payments
2) Allowing for repayment of Russian debt
3) Discouraging use of alternative systems
3/ SWIFT disconnections are inconvenient but there are work arounds
Read 8 tweets
6529 Profile picture
Feb 26
1/ On SWIFT

39.9% of you are right. Congratulations!

SWIFT is a banking industry consortium messaging system

The banks transfer/settle with each other or an intermediary (correspondent bank) via the currency zone's central bank run RTGS (Real Time Gross Settlement) systems
2/ Banning Russia from SWIFT will be very annoying to Russia bc all banking IT systems are integrated with SWIFT so businesses in short-term won't be able to transact.

It doesn't prevent a bank from making a payment to a Russian bank tho.

To prevent payments, you need sanctions
3/ The US sanctions to-date on the systemically important Russian banks specifically exempt energy payments so Europe can keep paying for natural gas.

Taking Russia out of SWIFT adds admin costs to the payment process but does not prevent these payments from happening
Read 40 tweets
6529 Profile picture
Feb 20
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
Read 10 tweets

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