$170,000 Digital Artwork SOLD?! NFT Crypto Art, Collectables, and Games
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This video covers the still somewhat new and extremely interesting world of NFTs. NFT stands for “non-fungible token,” which basically means that the digital items cannot be copied or duplicated in any way within the blockchain network where they live. This allows digital art to become “unique” and “scarce” in a way that it wasn’t able to be in the past.
I’ll cover 3 primary areas in this video where this technology is utilized. SuperRare is a place to buy fine art NFTs, AtomicAssets has collectable cards, and Splinterlands is a game that utilizes NFTs for the cards you play the game with. This technology could potentially be a game-changer for digital creators, and for that reason, I’m very excited to see how it progresses in the future!
Have any questions about what you’ve seen in the video? Feel free to leave a comment!
Intro – 0:00
SuperRare NFT Marketplace: 1:47
$170,000 NFT Sale: 8:04
Conclusion and $350,000 Pokemon Card: 16:06
#NFT #Blockchain #Crypto
theres stuff at your citys museum thats just as wordless / priceless / stupid / fun. its not really great for most real artist, but is for the people making up the game.
Can we make real artwork into NFT?
Form follows functioon. This is function follwoing form.
Even Capcom is doing it. Shit, soon even Disney will get on it. Scarcity emulation is one of the worst recent things I've heard about, this so backwards. I couldn't think of anything so cartoonishly regressive.
Will there be crypto music for musicians as well?
and about screen shot?
New on NFT. Love the concept. Just a question. If artist A created the NFT piece (assume it's a stale image) on the blockchain, then another random person took the same image and create another NFT. Will it be allowed? What's the current system to prevent such things to happen so people do really buy the NFT minted by the original creator? Thanks.
But what about the value of a physical art?
It's not 'artwork for artworks sake'. let's be honest. What these people are really buying is a tradable digital asset, in the hope of making money or at least keep it's $ value. It's no different to buying shares in Apple, or speculating on bitcoin in that regard. Otherwise, why not just donate the money to the artist? It's about turning the slippery concept of digital ownership into a $ asset.
There is great potential here for artists, but I think the conversation needs to be more honest.
Ok, so I'm right out of the gate and railing. I just found there were NFTs yesterday. This and a couple videos about sales and trading cards are about the extent of my investigation. And yes, I don't get it at all.
Top-level artwork that shows up in the ArtStation or Deviantart upload stream every 15 minutes now sells for $10,000? Eh? Top art is a dime a dozen. I'm not really at that level, but top-of-the-game artists are everywhere now.
How is this unique? The artwork is sitting right here on the video. The animated artwork is here on the video. It's digital. You can show it anywhere. Once it's shown on the Internet, any uniqueness is busted. Out of the bag. The concept is a ghost. A whisp.
Is it just the cache of having a crypto somewhere in the universe associated with it? Prestige by association?
In that case, use a Bitcoin. Have the artist declare any Bitcoin out there associated with the amount of time and effort taken to make the image. You can buy that bitcoin and say the artist said so and call the art yours while it shows all over the Internet.
Or get a piece of paper that says so. I have one to sell that says you own the Brooklyn Bridge.
Get a cup and associate that with it. As long as you keep the cup, you get to call the artwork here in the video yours.
I'm not finding anything here. At my second day of finding out about them. This is … strange.
$1,200 for something you can look at right here on YouTube.
NFT's are a load of shit. The majority of it is low effort, over-valued, disposable content. Its people artifically inflating their worth, selling to suckers who saw one article about crypto being the next big thing.
I checked out what this thing is…my first observation is that it's strange that you don't sell just ONE piece of image WITH the copyrigth, that would have made sense to me (as a former CGI guy)…but to sell a bunch of copies, that makes me uncertain in this business, lol.
Do NFT ownership allow you to print the image let say in several t-shirts and sell them? if so, do any money goes to the creator?
As a digital artist myself I find this fascinating and will be producing some NFT´s in the near future, any recommendations or pits to avoid in the process?
Hi as an artist, how much time it takes on Nifty to get approved?
Pretty likely he sold it to himself.
It’s about time we can actually benefit from all the hard work and gain the freedom to keep creating sustainably.
I'm not much of a digital artist as of yet, but i take pretty artistic pictures with my camera, does this also count?
If you buy a piece, can you download it or does it stay on the site?
Can you sell let’s say a gaming montage?
Is it possible to sell as PHYSICAL COPY & DIGITAL together??
Hi … thank you for your video. What are the acceptable formats for 3D animation NFTs. (mp4?) And what is the maximum file size? (Mb) What software can be used to make real 3d. Not just simple little animation.
Paying for the crypto currency to then get the chance of getting it bought doesn't seem appealing to me now but when I have the finances to take this risk I might do it.
will blog owners need to get permission from the crypto art owner to show case it on their website or write a blog post about it with a image of it… if so then how would they be able to keep up with constantly renewing that permission from one owner to the other.
NFT is a revolution for the art world. I wouldn't be surprise if projects like Insured Finance's IFNFT would fly to the moon. With expensive NFT assets, crypto insurance and vault would play a big role in this game.
Thanks for the video, would you recommend I start selling on Rarible as a beginner? How long does it take for people to buy your art?
Hi, I am a photographer, can you put up photographs for sale?
Hey you ! Yes you ! Don't you even try to go on NFT's stores and try to sell stupid pictures / gifs you stole on internet 🙂
Hi, Matt. Im art teacher, traditional, 2D and 3D artist, and animator. Post Graduate student in Visual Arts. I can make any style and any media. If I make a quality NTF art, Do you buy it from me?
Is this legal? and what would happen if people were to sell stolen digital artworks?
I don't have much talent for creating artwork like these shown in this video. What I do have talent for is music, photography, and creative writing. Is there any platform for me to create NFTs with that type of content instead of digital artwork? I find this concept interesting.
Check out ten hundreds recent video on this. As a artist I was super excited but this definitely has huge downsides and negative impacts
This is an excellent primer on what’s going on with digital art and NFTs, and what it means. Given today’s record-setting $69.3 MILLION sale of a piece of digital artwork, it’s safe to say it’s a mistake to dismiss outright irrespective of what you think of the prices paid. I love the concept for emerging artists as well, as a way to monetize what they are doing.
Why don't you make your own coin on mintme? then we can all invest in you!
in a super simplified kind of way, you're essentially buying that license for that piece of art.
I just have two questions.
Let's say you purchase a cat licking cheese gif, if you see that same gif somewhere else can you copy strike it?
Although this is kind of a weird question, do you think one day they'll be digital picture frames?
(That way you don't have to go on your computer every time to view them)
I think this might be the most exciting thing that has happened in humanity in my lifetime. I am excited to get involved! Thanks for the informative overview!
What program they're using to create this gif?
Is the %cut in perpetuity?
Could you explain the gas fee in laymen terms? In simple words, do artists have to pay to upload their art to these sites? Thanks!
Unless you have clout, wouldn't you likely be better off just buying some ETH and holding? Right now gas fees to initialize account to start listing NFTs on opensea is $100
Awesome content! NFFT will be a great way to showcase NFT’s. you should explore it!
MAN , i can't wait to delve deeper in this , i've seen a demonic scribble that it looked like a child turned loose with paint pallet and hastely made some lines and circles and blobs and splats and some elites from the dark side had a bidding war that ended at 1 and a half million , i can see where people show up to buy and the store is closing fast and they have to get something , they showed up and there not leaving empty handed, its done before they ever begin to think it thru , awesome ! That five to seven minute buying window is genius , how many times have people run the bid out on an auction item and loose the love for the item because the bidding out lived there impulse ! we have all done it !
pokemon is giving digital cards in the packs now , could you sell your dig. card they give there to play with on line , you can sell the ones you buy in the pack !
I still don't see why anyone would actually pay anything to get 'that piece of art' since anyone can grab an image (or series of images) and apply a filter over it to change it so it became 'his' work. No one will pay unless you have an infinite amount of money to spend and no time to create your own. To me, this seems again like a scam to make artist 'pay to be out there' when 99% of them will never be paid anything. Protected or not, no one pay for the Mona Lisa image anymore…
synthetic scarcity is dumb. a high percentage of people are dumb. nft will be ok
Nice, have you heard about FOIL NETWORK and PURE NFTs?
Did you say Pogs? Is that the old toy played by kids in the 90s?
Cyberpunk age is coming!
Very interesting 🤔
Still don´t understand the difference on the categories in NFTS from ART vs collectables? what is the difference?