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Brent Imai
Founder
Dash  ·  
Mar 14, 2021

NFT mania

in General Conversations

Who’s buying into NFT art? Is there real values or a fad. Here’s an Artsy article. https://www.artsy.net/article/artsy-editorial-collectors-nfts?utm_medium=email&utm_source=sailthru&utm_campaign=editorial&utm_content=weekly-03-14-21&utm_term=23194811

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fkweigand
Jul 01, 2021
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cryptonews.net
The Museum of Crypto Art (MOCA) Secures a $1.5M Investment from NFT and DeFi Founders

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Brent Imai
Jul 02, 2021
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Replying to

What makes an artist a crypto artist? Will being included in the museum increase the value of the artists work? I'm fascinated by where this is going.

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Torben Torp-Smith
Nov 10, 2021
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@Brent Imai Will street art applied directly to the wall of the museum increase the value of the museum?

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Brent Imai
Nov 10, 2021
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Replying to

@Torben Torp-Smith Interesting idea. Maybe it depends on who put it on the wall. Also on the question of value, from who's perspective? I remember when MOCA put street art in the museum. For the people who often feel left out by mainstream art institutions, but who appreciate street art, for them the value of the museum might have increased.

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Brent Imai
Apr 06, 2021
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Interesting perspective on NFTs from David Hockney. Which would you rather own, a real world Hockney or a digital Beetle NFT? Highest Valued Living Painter David Hockney: NFT's are for 'Crooks and Swindlers'

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Torben Torp-Smith
Nov 09, 2021
Replying to

Nevermind

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Brent Imai
Apr 01, 2021
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After Decades of Selling New Media Art, Gallerist Steven Sacks Offers His Take on NFTs

Bitforms gallery has been on the cutting edge of digital art for decades, so what does its founder think about NFTs?

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Brent Imai
Apr 01, 2021
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This will be interesting to watch, art, NFT, and energy efficiency meet. Ethereum cofounder Joe Lubin creates a 99 percent more energy-efficient blockchain. A group of blockchain’s biggest players, including Ethereum and ConsenSys co-founder Joe Lubin, have announced the launch of Palm, an alternative network for NFTs that’s 99 percent more energy efficient than the current Ethereum blockchain. While Palm isn’t the long-promised wholesale switch from Ethereum to Ethereum 2.0 (Eth2) that would drastically reduce the network’s energy consumption, nor is it the first platform to use other more energy efficient blockchains, it signifies a huge stride from some of field’s leading figures. Palm will debut with a series of 10,000 unique oil paintings on paper by Damien Hirst that will be sold as NFT's.

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Brent Imai
Mar 16, 2021
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More on crypto art. Why would anyone buy crypto art – let alone spend millions on what’s essentially a link to a JPEG file?

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Torben Torp-Smith
Nov 09, 2021
Replying to

Is the medium still the message? Is the NFT world the block chain extension of communication media, and as such, is it a value delivery system indifferent to content?

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Brent Imai
Nov 09, 2021
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Replying to

@Torben Torp-Smith Great questions! I think the medium is definitely part of the message in the NFT case since as you point out, the content can take on many forms and seems to only account for part of the value for the owner. Would the NFT work sell for the same price if there was no NFT way to monetize? What are your thoughts?

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Torben Torp-Smith
Nov 09, 2021
Replying to

@Brent Imai I think the deeper question might be, "Where do we find the definition of VALUE". A movable target, to be sure. In a time when a shared cultural/social framework for thought and behavior has become fragmented (fractalized, if that's a term) beyond the notion of "nation" into notions of "individual freedom", have we reached the point, or zone, where, "Beauty is in the eye of the beer holder"? Is the idea of "value" contained in concepts of "furthering humanity", "collectible", "emotional resonance", "decorative", "challenging", "disturbing", "all of the above and more"? Did Harring, Calder, Basquiat, Banksy, Lee, or Blu start out thinking, "How can I make money on this?"? Maybe so. Anyway, so many threads to follow. Are there any that lead away from the Minotaur?

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Frank Masi
Mar 14, 2021
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The image above is Beeple's work, Everydays: The First 5,000 Days (2021). On February 25th, Christie's offered it in an online auction for $100. It ultimately sold for $69.3 million. Click on the image for more details.


IMO, non-fungible tokens are not (yet) about art collecting - they are about generating cash like the stock market. Digital art is the McGuffin.


I do believe the technologies that allow NFTs to increase in value will have something to do with the successful management of collectable fine art digital files.


Right everybody is talking about NFTs ($$$), not the art.


For a historical perspective, consider The Tulipomania...


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Torben Torp-Smith
Nov 10, 2021
Replying to

I used to think that there were only 4 drivers of human behavior (actually 2 drivers and their respective opposites) which are love, lack of love, community, lack of community. I have recently come to believe somewhat differently. Not that the above are not parts of the equation, but that there is a more singular approach to the drivers of behavior. I now like to think that the drivers are indeed 2, but they can be named comfort and convenience. Convenience is perhaps a corollary to comfort in that comfort can be either physical or mental/emotional and humans can sometimes subject themselves to very inconvenient circumstances to achieve mental/emotional comfort (climbing Everest, for example). In any case, under the current discussion of NFT's (and the Tulip Craze)it occurs to me that value (degrees of comfort) are directly related to the concept of "haveability". Can I "have" something. How difficult is it to "have" something? How exclusive is my "having"? Does my "having" separate me from others or connect me with others? How pixellated can my "having" be before it ceases to be having? How splintered can the true cross be before it loses the magic of salvation?

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Frank Masi
Mar 14, 2021
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