Non-fungible token the next big thing?

2»

Comments

  • RS65573
    RS65573 Posts: 2,506
    pjsteelerfan said:
    tempo_n_groove said:
    pjsteelerfan said:
    Its growing in the art world too, and some are selling for crazy amounts.  I would not be surprised to see digital gig posters with tickets one day, as much as that would suck. 
    Why would you pay for a digital poster when you can just screen shot it from somewhere else?  It's really a dumb idea that critical thinking should be dismissing after the initial sell off happens.
    Oh I agree, I don't plan to spend a couple hundred bucks on a .gif that literally anyone could make in say MS Paint or photoshop just because it has a limited code attached to it. But it has been fun to watch this happen. And people are making money on it, so probably not going away. or not anytime soon. 
    I dropped about $350 on some Knicks and a couple packs. I look at it like bitcoin. Should have thrown a few hundred at that huh?
  • Malroth
    Malroth broken down chevrolet Posts: 2,564
    I would like some non-fungible toes.
    The worst of times..they don't phase me,
    even if I look and act really crazy.
  • pjsteelerfan
    pjsteelerfan Maryland Posts: 9,905
    RS65573 said:
    pjsteelerfan said:
    tempo_n_groove said:
    pjsteelerfan said:
    Its growing in the art world too, and some are selling for crazy amounts.  I would not be surprised to see digital gig posters with tickets one day, as much as that would suck. 
    Why would you pay for a digital poster when you can just screen shot it from somewhere else?  It's really a dumb idea that critical thinking should be dismissing after the initial sell off happens.
    Oh I agree, I don't plan to spend a couple hundred bucks on a .gif that literally anyone could make in say MS Paint or photoshop just because it has a limited code attached to it. But it has been fun to watch this happen. And people are making money on it, so probably not going away. or not anytime soon. 
    I dropped about $350 on some Knicks and a couple packs. I look at it like bitcoin. Should have thrown a few hundred at that huh?
    Who am I to tell you what to do with your money?  Maybe it will work out and maybe it won't. I'm sure a lot of people are hoping its the next bitcoin. 
    ...got a mind full of questions and a teacher in my soul...
  • tempo_n_groove
    tempo_n_groove Posts: 42,033
    RS65573 said:
    pjsteelerfan said:
    tempo_n_groove said:
    pjsteelerfan said:
    Its growing in the art world too, and some are selling for crazy amounts.  I would not be surprised to see digital gig posters with tickets one day, as much as that would suck. 
    Why would you pay for a digital poster when you can just screen shot it from somewhere else?  It's really a dumb idea that critical thinking should be dismissing after the initial sell off happens.
    Oh I agree, I don't plan to spend a couple hundred bucks on a .gif that literally anyone could make in say MS Paint or photoshop just because it has a limited code attached to it. But it has been fun to watch this happen. And people are making money on it, so probably not going away. or not anytime soon. 
    I dropped about $350 on some Knicks and a couple packs. I look at it like bitcoin. Should have thrown a few hundred at that huh?
    Or at the PJ fallasheep?
  • PJammer4life
    PJammer4life Los Angeles Posts: 2,673
    Maybe it’s a millennial thing we just don’t get, but they are being groomed to accept ie streaming.
    Bridge Benefit 1994, San Francisco 1995, San Diego 1995 1 & 2, Missoula 1998, Los Angeles 2000, San Diego 2000, Eddie Vedder/Beck 2/26/2002, Santa Barbara 2003, Irvine 2003, San Diego 2003, Vancouver 2005, Gorge 2005, San Diego 2006, Los Angeles 2006 1 & 2, Santa Barbara 2006, Eddie Vedder 4/10/08, Eddie Vedder 4/12/08, Eddie Vedder 4/15/08, 7/12/2008, SF 8/28/09, LA 9/30/09, LA 10/1/09, LA 10/06/09, LA 10/07/09, San Diego 10/09/09, Eddie Vedder 7/6/2011, Eddie Vedder 7/8/2011, PJ20 9/3/2011, PJ20 9/4/2011, Vancouver 9/25/2011, San Diego 11/21/13, LA 11/24/13, Ohana 9/25/21, Ohana 9/26/21, Ohana 10/1/21, EV 2/17/22, LA Forum 5/6/22, LA Forum 5/7/22, EV 10/1/22, EV 9/30/23
  • 2-feign-reluctance
    2-feign-reluctance TigerTown, USA Posts: 23,462
    My new KOL record is on its way. That’s all I need for now. Read this last night on RS and like the intention behind it, but isn’t for me. 
    www.cluthelee.com
  • LukinFan
    LukinFan Florida Posts: 29,128
    PJammer4life said:
    Maybe it’s a millennial thing we just don’t get, but they are being groomed to accept ie streaming.
    exactly 
    www.RLMcDaniel.com

    1996: Ft Lauderdale
    1998: Birmingham
    2000: Charlotte, Tampa
    2003: Tampa, Atlanta, Phoenix
    2004: Kissimmee
    2008: West Palm Beach, Bonnaroo, Columbia
    2010: MSG2
    2012: Music Midtown
    2014: Memphis
    2016: Ft. Lauderdale, Miami, Jacksonville, JazzFest
    2018: Wrigley 1, Fenway 1
    2022: Nashville
    2023: Ft. Worth II
    2024: Baltimore
    2025: Hollywood II
  • jjflash
    jjflash Posts: 5,046
    Last week Greg Mike, an ATL-based artist, offered a NFT drop of his artwork where buyers purchased a physical frame that displayed limited edition images. Blockchain of the images is encrypted into the physical frames, and the frames list the edition number of the limited run. The frames went for thousands and instantly sold out. Prior to the sale going live you had to submit a lottery request to purchase one of the pieces of 'artwork' (I stayed away from this as they were way beyond my pay grade) and upwards of 8,000 people were in queue to be one of the thirty purchasers paying around 2K each. Crazy stuff, no doubt.

    I don't pretend to understand it all but am definitely fascinated to see how it all evolves. At this early stage in the game I'd much prefer to own/hold/touch/frame a physical poster, for example, as opposed to investing in a digital image of it. In the words of Chuck D, "What Chu Gonna Do When the Grid Goes Down?" On the flip side....you wouldn't have to worry about the post office dinging corners or losing a package LOL

    https://niftygateway.com/collections/gregmike


  • 2-feign-reluctance
    2-feign-reluctance TigerTown, USA Posts: 23,462
    Anyone else hear Beavis and Butthead giggling saying the word "fungible"?

    Beavis And Butthead 90S Tv GIF

    www.cluthelee.com
  • huntersthompson
    huntersthompson Posts: 1,070
    https://www.businessinsider.com/bitcoin-owner-who-lost-password-made-peace-potentially-huge-loss-2021-1

    If this dude can lose upwards of $220 million worth of bitcoin, what the hell hope do I have?  I would be so pissed if I had a "front row for life at Pearl Jam shows" non-fungible token that required a password -- which I would invariably forget.  Or I would need to input the passcode to view my digital concert posters from shows that I watched online whilst warming my feet in my digital PJ socks and playing with my Falla Sheep characters.....what in the actual f*ck is going on....

    I will yell "boomer" at myself as I leave....
  • RS65573
    RS65573 Posts: 2,506
    I agree, for concerts, tickets, posters/art, it stinks. For trading cards, I think its neat.
  • Bob Mayo on the keyboards Bob
    Bob Mayo on the keyboards Bob Carmel, IN Posts: 574
    Although there’s been diminishing returns with KoL for a few albums now, I might take a crack at the vinyl just for curiosity’s sake. Kinda fun the limited vinyl is only out for 2 weeks then gone. Title is back to 5 syllables so that’s promising! 
    1996-09.22; 1998-06.14,07.02,07.13,07.14,08.17,08.18; 2000-08.18,08.20,10.11,10.27,10.28; 2003-04.23,04.26,06.18,06.19,06.22; 2004-10.02,10.03,10.05; 2006-05.16,05.17,05.19,05.20,06.23,06.24; 2007-08.05; 2009-08.23,08.24,09.28,10.31; 2010-05.06,05.07; 2011-09.03,09.04; 2013-07.19; 2014-10.01; 2016-04.26,08.20,08.22; 2018-08.18, 08.20; 2022-09.17; 2023-09.05, 09.07; 2024-08.26
  • Bob Mayo on the keyboards Bob
    Bob Mayo on the keyboards Bob Carmel, IN Posts: 574
    Gold vinyl pic is up on the yellow heart site looks pretty cool and proceeds go to live nation crew fund. 
    1996-09.22; 1998-06.14,07.02,07.13,07.14,08.17,08.18; 2000-08.18,08.20,10.11,10.27,10.28; 2003-04.23,04.26,06.18,06.19,06.22; 2004-10.02,10.03,10.05; 2006-05.16,05.17,05.19,05.20,06.23,06.24; 2007-08.05; 2009-08.23,08.24,09.28,10.31; 2010-05.06,05.07; 2011-09.03,09.04; 2013-07.19; 2014-10.01; 2016-04.26,08.20,08.22; 2018-08.18, 08.20; 2022-09.17; 2023-09.05, 09.07; 2024-08.26
  • vinyl boy
    vinyl boy Posts: 205
    Bob Mayo on the keyboards Bob said:
    Gold vinyl pic is up on the yellow heart site looks pretty cool and proceeds go to live nation crew fund. 
    I’d love to support this but I don’t have a virtual wallet or really know what the hell this stuff is.  Maybe I’ll just be old school and watch on Discogs to see how much this goes for 
  • JeBurkhardt
    JeBurkhardt Posts: 5,378
    There was a segment on NPR this morning about this. If you are a collector, or enjoy having something exclusive, then I guess it makes sense. 
  • demetrios
    demetrios Posts: 98,323
    Bob Mayo on the keyboards Bob said:
    Gold vinyl pic is up on the yellow heart site looks pretty cool and proceeds go to live nation crew fund. 
    Interested in buying a copy but still no patience and understanding of this. To use that NFT app on FireFox I must agree for the app to view all my online activity? Ah no.
  • Branden
    Branden Nevada Posts: 226
    With how damaging to the environment this could be, I don't think Pearl Jam would be into it...

    The Better Band Podcast: BetterBandPod.com 
    Apple Podcasts: https://apple.co/3yVFPcY
    Google Play: https://podcasts.google.com/feed/aHR0cHM6Ly9tZWRpYS5yc3MuY29tL2JldHRlcmJhbmRwb2QvZmVlZC54bWw

    1995: 6.22 Sacramento, CA
    1997: 11.14 Oakland, CA (Rolling Stones)
    1998: 7.10 San Diego, CA; 7.16 Sacramento CA
    2000: 10.22 Las Vegas, NV; 10.25 San Diego, CA; 10.28 San Bernardino, CA; 10.31 Mountain View, CA
    2003: 6.01 Mountain View, CA; 6.02/6.03 Irvine, CA; 6.05 San Diego, CA; 6.06 Las Vegas, NV
    2006: 7.06 Las Vegas, NV; 7.16 San Francisco, CA
    2013: 11.26 Oakland, CA
    2022: 5.18 Sacramento, CA

  • demetrios
    demetrios Posts: 98,323
    Branden said:
    With how damaging to the environment this could be, I don't think Pearl Jam would be into it...


    I hope they don't sign up either. But you never know.
  • PB11041
    PB11041 Earth Posts: 2,845
    demetrios said:
    Branden said:
    With how damaging to the environment this could be, I don't think Pearl Jam would be into it...


    I hope they don't sign up either. But you never know.
    they already have whether they like it or not.  Those tickets whirling around unique and constantly updating barcodes in your digital wallet run on block chain technology.  

    https://www.prnewswire.com/news-releases/ticketmaster-acquires-blockchain-ticketing-solution-upgraded-300732863.html
    His eminence has yet to show. 
    http://www.hi5sports.org/ (Sports Program for Kids with Disabilities)
    http://www.livefootsteps.org/user/?usr=3652

  • mr bungle
    mr bungle Posts: 1,428
    You lost me at "fungible".

Categories