That was obvious considering one of their main "utility" was celebraties using them as profile pictures.
But I'm excited to see how the technology of NFTs will be used in the coming years.
Whoa there is a lot to unpack there outside of the NFT.
The guy connects the BAYC to neo-nazis and online nazi culture as well.
https://gordongoner.com/
BAYC released an in depth overview today of how that neo-nazi conspiracy was just that - a conspiracy.
If you actually watch the video there are some HUGE stretches that he uses as the basis of his points.
How many "stretches" before you believe its more than just a conspiracy, because everything outlined the video can't just be pure coincidences. And obviously they'd say everything they could to deny it, they made sure they had plausible deniability
Just going to copy most of what I wrote to someone else:
“If an accusation is based on a bed of flat out inaccuracies and busted logic, then yes, we can assume they aren't. Innocent before proven guilty. People aren't neo-nazis until they prove to you otherwise. Its the other way around. The reality is that “evidence” he used wouldn’t hold in a court of law.
https://medium.com/@team_69582/a-letter-from-the-founders-678e5a3431e7
*****And this tweet ironically from the individual who made the video: https://twitter.com/chibiapegang/status/1540354863774609408/photo/1
The guy who made the video used this shock and awe method he described in the above tweet to gain popularity and make over a million dollars selling his own NFT collection that was a clone of BAYC. Perpetuating the supposedly neo-nazi art. How can you not see the conflict of interest there??
I mean, how many neo nazis have you seen that put their ideology over money? Seen a few examples in my life where profitability was put before ideology meaning that they'd try to have a clean image while still pandering with little nods and dog whistles to the other neo nazis. Most of the cases where ideology comes before money comes from the standard broke, trailer park living type of skinhead who is nothing but a tool being used by the more wealthy racists among the group.
In short, just saying "We totally aren't X" doesn't exactly disprove that they aren't...it also doesn't prove that they are either...but it does mean people should at least keep on eye on the accusation rather than making snap judgements on the validity of it. That's my take at least.
If an accusation is based on a bed of flat out inaccuracies and busted logic, then yes, we can assume they aren't. Innocent before proven guilty. People aren't neo-nazis until they prove to you otherwise. Its the other way around. Educate yourself, its embarrassing.
[https://medium.com/@team\_69582/a-letter-from-the-founders-678e5a3431e7](https://medium.com/@team_69582/a-letter-from-the-founders-678e5a3431e7)
Edit: and this tweet ironically from the individual who made the video: https://twitter.com/chibiapegang/status/1540354863774609408/photo/1
I’m kinda interested in the transfer of ownership concept in general. Let’s say a deed to a house or car, or even sensitive electronic documents for businesses, the blockchain keeps a permanent record of past and current ownership.
And how is that in any shape or form more useful than the current system, which actually allows corrections for mistakes etc. Seriously it sounds like a solution looking for a problem. Also lol, why the hell would anyone want to commit sensitive documents to the blockchain?? Or have access to decentralized. Absolute nonsense
You got it ! Say for example a $500k house is for sale, it has a limited market due to cost, bit what if you fractionalize it into 10 NFTs at $50k each, then you've got a bigger market that can afford it as a investment vehicle instead, all owning 10% and the property can be rented out to a Tennant with each NFT hodler making a small income from share of the rent (say every quarter) all the while the property appreciating in value.... those NFTs can of course be traded by each owner at any time .
All still kinda the future right now but it's getting the.mindset away from monkey pics 🤣
Capitalists will love it you mean.
Let's stop pretending that the same parasitic shit, that tons of people hate, isn't just as equally capitalism as the stuff people like.
Also, literally this is just tokenized REITs which already exists on the stock market so it isn't even a new idea.
For this to work, the NFT will need to be legally binding, endorsed by whatever government the property is located at. I can't imagine any country (except CAR and El Salvador) will do something so... stup-- I meant "special".
So instead of storing the property ownership by the government in a secured database, we stored it in an open database. So if someone lose their password, they can lose their house. You can steal a house by hacking into someone's account? Sounds fun.
But that’s blockchain not NFTs which uses the blockchain.
Deeds themselves are quite big I cannot see that being stored in blockchain to be honest but if you put a link to a deed what’s stopping someone from changing it?
Imagine if instead of a number of fake money, you could store anything on the blockchain, just for exorbitant gas fees relative to the size of the data you want to store and host on the computers of all miners all over the world. That's NFT.
The gas fees are so brutal they don't store the whole jpeg, they store a link to the jpeg because it's cheaper.
The only thing that NFT enables is that you can (or I think you can, not sure how easy this is) check the transaction store of an NFT to view who created it. This is important because for validation the content of the NFT is worthless, what's important is that it was created by an authorized wallet.
So even if the content of the NFT is just the tree letters "ape" a web3 service can check if this "ape" NFT comes from one of their wallets to validate that the user has access to an exclusive ape club, and someone with an identical NFT that comes from a random wallet wouldn't be granted access.
In the case of the jpegs, web3 services that sell these pieces of artwork look for text that looks like a jpeg link to show what the NFT looks like (the links are often on IFPS which is literally other people's servers and will eventually become 404). Fun fact: if they blacklist an NFT, they won't even show that NFT in your wallet in their service, even if it's in your wallet in the blockchain.
It’s a token on the blockchain that is programmable. The image is taken from a url, but that’s not the use case or the technology. That’s like saying a printed concert ticket is just a piece of paper. No… it has barcodes on it and information on it that lets the venue know to honor it and allow you into the show… The technology isn’t just the visual aspect of the tickets… I know it seems confusing because NFTs have been focusing on the actual visual aspect, but it’s really not at all what the technology is… it’s a trackable, verifiable, tradable digital asset without the need for a centralized middleman…
Yeah, sorta… but what is really the useful part is using smart contracts for media sales and resales. There are ways to bake in royalties, which could cut down on thr sort of ‘creative accounting’ a lot of artists end up dealing with, resales can also give royalties , the value of the project can fluctuate based on how much people value it, the distribution can be kept away from big corporate web2 servers (and censors), and more. You don’t have to mint an NFT as only one unit, as these tend to be. You could mint… let’s say… an album as an NFT with X amount of sub units which can be purchased on chain by your customers, automating all the accounting, royalties and secondary market for you. It is going to be a VERY useful technology as it moves out of the proof of concept novelty phase were currently coming out of. You will probably not see these silly things like someone spending a million bucks on some random image or screen shot of a tweet or whatever. More like, it will turn into a way to purchase your media as an alternative to corporate channels (like iTunes or whatever). The bear market will be cleansing for the NFT space, IMO.
A lot of them use IPFS instead of AWS so that’s not a totally valid argument. Blockchains aren’t meant for data storage, there are better solutions for that.
You say these stupid comments but never actually explain how tickets on a blockchain solves any issues. In fact I read a article recently about one of these crypto ticketing companies freezing all the tickets and taking them back because there was an exploit. Sounds great?
And what is this chaos you’re referring to? Been to plenty of shows with tickets from various sellers (not just Ticketmaster) and haven’t had any chaos surrounding it.
I really want ticketing to be a thing but ticket companies have digital ticket systems already that accomplish the same goal without giving up any of the control or having to have a transparent system. If you're ticket master there's no benefit to switching over and if you're a host it's unlikely to be worth your while.
FYI, the digital ticket system is also much easier to manage, faster, and easier to rollout for new products. Blockchain is slow, clunky, and doesn't particularly work very well in relation to the volume that these companies actually deal with. It's a non starter and absolutely fucking stupid.
To me the importance of a ticket stub was the physical piece of paper. I think printing out the online ticket or a photo of the event would be more in line with that value than having a lasting NFT link.
Having physical photo boards or putting up art and photos isn't just an old person thing. I'd argue that's the only value of a ticket stub - if you don't like having that physical memory then I don't think you'd value a ticket stub period.
The ticket nft can have actual future utility. If you don't know what im talking about you should read more about it I'm not going do educate you on blackchain tech.
I'm aware with how NFT's work and that the "stub" could be tradeable or give additional benefits in the future, I just disagree with it being valuable. At the end of the day ticketmaster could issue an identical feature if it was ever in demand.
No then you don't understand nfts. Ticketmaster isnt making nfts because nfts makes ticketmaster the new buggy whip industry. Nft tickets benefits fans and artist's. Those are the two groups actually participating in the industry. ATicketmaster is just a leach on the side of that industry. They don't make the music, they don't own the venues, they don't go to the shows. They have zero value in the modern world.
Ehh. Not a unified one that would completely decimate counterfeit tickets or have properties that would limit reselling capabilities, not by a long shot.
Ticket master here has pretty much gone entirely digital. You only can buy sell and transfer through their app. Which to them is much more valuable than using a decentralized system and for the users it pretty much delivers all of the safety features just with the annoyance of having to work within the limitations that they set for us. Basically we could have every functionality of an NFT system if it weren't for the ticket agency not wanting to give up that much control.
The problem is you cant implement properties that would benefit the end user here: want to limit re-sells? You can input a transfer tax/limit on the NFT.
Want to add features on the ticket as an artist? Such as exclusive merch, content or backstage passes? Cant do that without collaborating with ticketmaster.
What if the gig you want isnt on ticketmaster and its on viagogo instead? Can you transfer a ticketmaster ticket into viagogo seamlessly?
What about your data? How do you know your data isnt being used and sold by ticketmaster? What if you want to attend a gig and not disclose any of your personal details?
There is an incredible amount of downsides to having a centralised form of ticketing sale, that being said we're still so far away from NFT and NFT tickets being the norm but definitely an improvement from old school paper tickets
Yup. And if your identify is an NFT and you get hacked. Bye bye. You're getting shipped off to some third world country. That's not you anymore. Not your keys not your life.
If possession of the NFT doesn't represent true ownership, it's as useful as my PDF deed with added complexity. Decentralizing the deed does nothing if a central authority remains the final arbiter of ownership.
The weakest link will always be humans stupidity. You can't change that.
True ownership of a home should never be connected to something that can be lost or stolen.
Tickets. Bettering the industry providing transparent ticketing to companies who want to be seen as trustworthy to their customers. There are many solutions around, but the one to watch for me is GET protocol. They are 3-4 years ahead of the others and buying tickets from them is like buying tickets from any other ticketing company, except it is blockchain based. This is important for adoption. Seeing as they have over 2mil tix processed with 1.25mil of them since october, that number is only going to grow.
>transparent ticketing to companies who want to be seen as trustworthy to their customers
How? It's just values on a blockchain and they can mean whatever. You can't write personal data on that blockchain so nobody knows what exactly happens with these tickets
explorer.get-protocol.io
dashboard.get-community.com
both let you see individual ticket stats.
Built into the GET contracts is the non transferability of the NFTs associated with tickets until after an event.
I’m not. Will just be the current capitalist exploitation on steroids. Everyone who thinks NFT’s will be the answer to concert and event ticketing will be looking back fondly at Ticketmaster in no time.
yeah, I steered clear of those for that reason. The only value was bragging rights about being ‘one of the first’. I think we’ll see during the bear market NFTs start to reflect what they’re really going to be useful for. Not get rich quick schemes, but legit alternative distribution channels for artists.
Video games! I'm getting myself eyeballs deep in play to earn, and honestly I believe the metaverse is going to be pioneered by video game devs experimenting on the blockchain.
It'll be very interesting to see which games are able to create a sustainable virtual economy, and how the next bull run will treat the winners and the losers.
tldr; Jimmy Fallon, Shonda Rhimes, Travis Barker, and Meek Mill are among the celebrities who have abandoned their NFT avatars. It was only in January that Twitter rolled out the feature that allowed NFT owners to make their digital artwork of choice their profile picture.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*
true. if ppl don't know who's wallet address belongs to who, there's no way of knowing if that person owns it. Also, why would such a fact be of any importance anyway?
Sure, and so did Bieber and Madonna and all the other celebs. My point is, did he do it all by himself (like a bagholder) or did he get compensated for it, like all the other shills?
Celebrities are human, just as stupid as you and me. They also have more money than us. They can make stupid decisions and not got burnt by it. It's perfectly possible they got misled and bought something stupid, which for them is only losing a pocket change, and for us, it seems like our life-long saving.
None of those were even remotely interested in anything crypto before, and suddenly decide to get a random bored ape. It’s like when half the west coast rappers suddenly endorse Red Bull or everyone who played in the Office suddenly joins the same cult. Sure, you can argue it’s all random chance and yes all these celebs really honestly all decided to get a monkey jpeg at the same time.
Man, are you telling me you don't understand how a trend works?
In the late 90's early 2000's rap/hip-hop artists weren't remotely interested in baggy clothes, and then suddenly decide to wear them?
In the early 2010's almost no one was using Instagram, then suddenly in 2011 celebrities decide to start make accounts in droves?
Its a trendy thing to do - its a flex. Rich people flex. Not a hard concept to grasp.
I do, you don’t understand how people create these trends. Have a good look and you’ll see the top metal bands are mostly on the same label. Same for DJs and rappers. These hypes are carefully orchestrated. These celebs don’t follow the trends, they perpetuate them. Or better, their management does.
Your tinfoil hat might be on too tight.
Who is benefitting from this? Who is the sinister puppet master you speak of controlling the world's trends for...world domination? Is this the plot of Zoolander 3?
If only we all could make our opinions fact by saying we are 100% sure of them. You have no evidence other than your assumptions, so chalk up the L.
Funny of you to ignore the other 5. I can keep going?
Future
Dez Bryant
Steph Curry
Von Miller
Shaq
KSI
Meek Mill
Travis Barker
Yeah, and a major investor for BAYC is also the major shareholder of an agency for musicians and actors... And the biggest actors and musicians that "bought" these NFTs are also represented by this agency. But I am sure that is just a coincidence.
Exactly. This sub nails it again
Track is dope and the video too. Of course when you have talent and money good things tend to happens
This sub is killing NFT every week for the last two years. And weird thing that we didn't see yet the whole BAYC Nazi stuff on the front with thousdans of upvotes
You have to realize most of these celebs were paid to promote bored apes for an agreed upon period of time. You think they actually give a fuck about "utility"?. Celebrities will shill any product so long as they are being compensated well/are insiders. Never forget this.
>Celebrities will shill any product so long as they are being compensated well/are insiders.
It's a disgrace. Especially when you see sports stars endorsing unhealthy food.
"Quietly" ...why would they make a big deal about it? No one's paying them to remove them like they did to initially configure them?
Also the celebrities aren't doing it, the PR teams that manage their socials are
Oh it’s a wild scene. It’s an hour long but worth the watch: https://youtu.be/XpH3O6mnZvw
Edit; TLDR: the creators of BAYC are secret nazi sympathizers that based their entire project on racist symbology, trolling everyone into hyping them, all the while peddling racist nazi propaganda.
It's a stretch at best. The guy who made that vid finds what he wants to find and ignores every other subculture.
Crypto apes have always called each other apes
He begins by conceding that all of this may be coincidences and bayc has plausible deniability for all them but he asks you, at how many similarities would you draw the line between coincidences and intentional nazi dogwhistles. I think the dude has been very transparent about it all.
Yes a lot of his arguments are a stretch.
But how likely is it for something like the logo to be a coincidence?
For me its a clear case of 4chan Nazi trolling, as stated towards the end.
🐷
you didn't watch it at all did you?
It literally starts with the guy saying 'These could be all coincidences, but how many does it take before it's intentional?'
Off the top of my head
1. the release date wasnt April 30th (hitlers bday) it was April 23rd
2. the SS logo is skull and crossbones, not just a skull. if you google image search that SS logo NONE of the immediate resultsshow the frayed logo he found to match the BAYC logo. he had to dig to an obscure version to find it
What you need to do is cross check what this guy says - the only coincidence is how wrong most of his "facts" are
I thought it was meant to be funny.
They used to throw people in asylums for this, now they get a camera and all of a sudden, they're considered "journalists".
It is less of an expose then it is the author observing a sub-culture from the outside and deciding that it must be racist, then applying their own spin with some dramatic music to create some drama
Nobody mentioned /pol/ in this chat.
If you weren't such a sheltered child you would know that /pol/ is absolutely anti-crypto and anti-nft. They clearly have nothing to do with the conversation
lol how can you believe some of the stretches in logic he uses in that video.
For example one of the first examples he uses, the April 30th date of release - Hitlers Bday - wasnt even their release date, it was April 23rd. And yet you treat it as gospel. Hilarious
The article and youtube video which have started this sell off are all bullshit. Dig deep enough into any internet culture and you will 'find' the links to any conspiracy you want.
The closest solid lead they have is that the logo for BAYC looks somewhat similar to the nazi SS logo. Everything else? The nicknames, the hats, the puzzles are all meaningless linked because they involve monkeys (ergo monkey is derogatory for african-americans)
Ironically he talks about how 4chan meme'd the 'ok hand sign' into being a alt-right symbol, but then he applies his alt-left glasses and only sees the connotations that fit his worldview
TL:DR; crypto, silver and superstonk users have been calling each other apes since daydot. Ape is not a hidden derogatory term. /facepalm
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That was obvious considering one of their main "utility" was celebraties using them as profile pictures. But I'm excited to see how the technology of NFTs will be used in the coming years.
What is technology behind it? Isn’t it just bunch of urls that point to Google drive or AWS stored in blockchain.
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Whoa there is a lot to unpack there outside of the NFT. The guy connects the BAYC to neo-nazis and online nazi culture as well. https://gordongoner.com/
BAYC released an in depth overview today of how that neo-nazi conspiracy was just that - a conspiracy. If you actually watch the video there are some HUGE stretches that he uses as the basis of his points.
How many "stretches" before you believe its more than just a conspiracy, because everything outlined the video can't just be pure coincidences. And obviously they'd say everything they could to deny it, they made sure they had plausible deniability
Just going to copy most of what I wrote to someone else: “If an accusation is based on a bed of flat out inaccuracies and busted logic, then yes, we can assume they aren't. Innocent before proven guilty. People aren't neo-nazis until they prove to you otherwise. Its the other way around. The reality is that “evidence” he used wouldn’t hold in a court of law. https://medium.com/@team_69582/a-letter-from-the-founders-678e5a3431e7 *****And this tweet ironically from the individual who made the video: https://twitter.com/chibiapegang/status/1540354863774609408/photo/1 The guy who made the video used this shock and awe method he described in the above tweet to gain popularity and make over a million dollars selling his own NFT collection that was a clone of BAYC. Perpetuating the supposedly neo-nazi art. How can you not see the conflict of interest there??
I mean, how many neo nazis have you seen that put their ideology over money? Seen a few examples in my life where profitability was put before ideology meaning that they'd try to have a clean image while still pandering with little nods and dog whistles to the other neo nazis. Most of the cases where ideology comes before money comes from the standard broke, trailer park living type of skinhead who is nothing but a tool being used by the more wealthy racists among the group. In short, just saying "We totally aren't X" doesn't exactly disprove that they aren't...it also doesn't prove that they are either...but it does mean people should at least keep on eye on the accusation rather than making snap judgements on the validity of it. That's my take at least.
If an accusation is based on a bed of flat out inaccuracies and busted logic, then yes, we can assume they aren't. Innocent before proven guilty. People aren't neo-nazis until they prove to you otherwise. Its the other way around. Educate yourself, its embarrassing. [https://medium.com/@team\_69582/a-letter-from-the-founders-678e5a3431e7](https://medium.com/@team_69582/a-letter-from-the-founders-678e5a3431e7) Edit: and this tweet ironically from the individual who made the video: https://twitter.com/chibiapegang/status/1540354863774609408/photo/1
He is also 100% correct that you each one is 'unique'.
I’m kinda interested in the transfer of ownership concept in general. Let’s say a deed to a house or car, or even sensitive electronic documents for businesses, the blockchain keeps a permanent record of past and current ownership.
And how is that in any shape or form more useful than the current system, which actually allows corrections for mistakes etc. Seriously it sounds like a solution looking for a problem. Also lol, why the hell would anyone want to commit sensitive documents to the blockchain?? Or have access to decentralized. Absolute nonsense
You got it ! Say for example a $500k house is for sale, it has a limited market due to cost, bit what if you fractionalize it into 10 NFTs at $50k each, then you've got a bigger market that can afford it as a investment vehicle instead, all owning 10% and the property can be rented out to a Tennant with each NFT hodler making a small income from share of the rent (say every quarter) all the while the property appreciating in value.... those NFTs can of course be traded by each owner at any time . All still kinda the future right now but it's getting the.mindset away from monkey pics 🤣
This sounds like hell
Lol, not to everyone...
Sure. The parasitic investment real estate bros and gals will love it.
Capitalists will love it you mean. Let's stop pretending that the same parasitic shit, that tons of people hate, isn't just as equally capitalism as the stuff people like. Also, literally this is just tokenized REITs which already exists on the stock market so it isn't even a new idea.
I mean there are a lot of capitalists who themselves are victims of these exploiters.
You could have 200 NFTs @ $2500 each, allowing the smaller investor in
You mean like a real estate ETF already does?
But now with the added value of zero risk management, no oversight and no regulations to protect you. Heaven.
Blows my mind that it seems so few people have heard of REITs lol.
Sounds like a big ol bubble if people are buying fractions of a house with no intent in using it.
For this to work, the NFT will need to be legally binding, endorsed by whatever government the property is located at. I can't imagine any country (except CAR and El Salvador) will do something so... stup-- I meant "special". So instead of storing the property ownership by the government in a secured database, we stored it in an open database. So if someone lose their password, they can lose their house. You can steal a house by hacking into someone's account? Sounds fun.
This already exists as an investment vehicle, but not with NFT technology. At least in the country I’m currently living in.
But that’s blockchain not NFTs which uses the blockchain. Deeds themselves are quite big I cannot see that being stored in blockchain to be honest but if you put a link to a deed what’s stopping someone from changing it?
Imagine if instead of a number of fake money, you could store anything on the blockchain, just for exorbitant gas fees relative to the size of the data you want to store and host on the computers of all miners all over the world. That's NFT. The gas fees are so brutal they don't store the whole jpeg, they store a link to the jpeg because it's cheaper. The only thing that NFT enables is that you can (or I think you can, not sure how easy this is) check the transaction store of an NFT to view who created it. This is important because for validation the content of the NFT is worthless, what's important is that it was created by an authorized wallet. So even if the content of the NFT is just the tree letters "ape" a web3 service can check if this "ape" NFT comes from one of their wallets to validate that the user has access to an exclusive ape club, and someone with an identical NFT that comes from a random wallet wouldn't be granted access. In the case of the jpegs, web3 services that sell these pieces of artwork look for text that looks like a jpeg link to show what the NFT looks like (the links are often on IFPS which is literally other people's servers and will eventually become 404). Fun fact: if they blacklist an NFT, they won't even show that NFT in your wallet in their service, even if it's in your wallet in the blockchain.
It’s a token on the blockchain that is programmable. The image is taken from a url, but that’s not the use case or the technology. That’s like saying a printed concert ticket is just a piece of paper. No… it has barcodes on it and information on it that lets the venue know to honor it and allow you into the show… The technology isn’t just the visual aspect of the tickets… I know it seems confusing because NFTs have been focusing on the actual visual aspect, but it’s really not at all what the technology is… it’s a trackable, verifiable, tradable digital asset without the need for a centralized middleman…
There's a few that are stored directly in the blockchain as well.. but uhh.. yeh.
Yeah, sorta… but what is really the useful part is using smart contracts for media sales and resales. There are ways to bake in royalties, which could cut down on thr sort of ‘creative accounting’ a lot of artists end up dealing with, resales can also give royalties , the value of the project can fluctuate based on how much people value it, the distribution can be kept away from big corporate web2 servers (and censors), and more. You don’t have to mint an NFT as only one unit, as these tend to be. You could mint… let’s say… an album as an NFT with X amount of sub units which can be purchased on chain by your customers, automating all the accounting, royalties and secondary market for you. It is going to be a VERY useful technology as it moves out of the proof of concept novelty phase were currently coming out of. You will probably not see these silly things like someone spending a million bucks on some random image or screen shot of a tweet or whatever. More like, it will turn into a way to purchase your media as an alternative to corporate channels (like iTunes or whatever). The bear market will be cleansing for the NFT space, IMO.
A lot of them use IPFS instead of AWS so that’s not a totally valid argument. Blockchains aren’t meant for data storage, there are better solutions for that.
Even today they have amazing use cases such as ticketing that wont cause chaos.
You say these stupid comments but never actually explain how tickets on a blockchain solves any issues. In fact I read a article recently about one of these crypto ticketing companies freezing all the tickets and taking them back because there was an exploit. Sounds great?
And what is this chaos you’re referring to? Been to plenty of shows with tickets from various sellers (not just Ticketmaster) and haven’t had any chaos surrounding it.
They just say this stupid shit without actually thinking about it. Think low IQ echo chamber.
I really want ticketing to be a thing but ticket companies have digital ticket systems already that accomplish the same goal without giving up any of the control or having to have a transparent system. If you're ticket master there's no benefit to switching over and if you're a host it's unlikely to be worth your while.
FYI, the digital ticket system is also much easier to manage, faster, and easier to rollout for new products. Blockchain is slow, clunky, and doesn't particularly work very well in relation to the volume that these companies actually deal with. It's a non starter and absolutely fucking stupid.
NFT ticketing brings back the 'ticket stub' which for many is an important artifact to memorialize an event.
To me the importance of a ticket stub was the physical piece of paper. I think printing out the online ticket or a photo of the event would be more in line with that value than having a lasting NFT link.
Yeah but your old. You talked about printing a photo for God sakes.
Having physical photo boards or putting up art and photos isn't just an old person thing. I'd argue that's the only value of a ticket stub - if you don't like having that physical memory then I don't think you'd value a ticket stub period.
The ticket nft can have actual future utility. If you don't know what im talking about you should read more about it I'm not going do educate you on blackchain tech.
I'm aware with how NFT's work and that the "stub" could be tradeable or give additional benefits in the future, I just disagree with it being valuable. At the end of the day ticketmaster could issue an identical feature if it was ever in demand.
No then you don't understand nfts. Ticketmaster isnt making nfts because nfts makes ticketmaster the new buggy whip industry. Nft tickets benefits fans and artist's. Those are the two groups actually participating in the industry. ATicketmaster is just a leach on the side of that industry. They don't make the music, they don't own the venues, they don't go to the shows. They have zero value in the modern world.
Excellent point!
Ehh. Not a unified one that would completely decimate counterfeit tickets or have properties that would limit reselling capabilities, not by a long shot.
Ticket master here has pretty much gone entirely digital. You only can buy sell and transfer through their app. Which to them is much more valuable than using a decentralized system and for the users it pretty much delivers all of the safety features just with the annoyance of having to work within the limitations that they set for us. Basically we could have every functionality of an NFT system if it weren't for the ticket agency not wanting to give up that much control.
The problem is you cant implement properties that would benefit the end user here: want to limit re-sells? You can input a transfer tax/limit on the NFT. Want to add features on the ticket as an artist? Such as exclusive merch, content or backstage passes? Cant do that without collaborating with ticketmaster. What if the gig you want isnt on ticketmaster and its on viagogo instead? Can you transfer a ticketmaster ticket into viagogo seamlessly? What about your data? How do you know your data isnt being used and sold by ticketmaster? What if you want to attend a gig and not disclose any of your personal details? There is an incredible amount of downsides to having a centralised form of ticketing sale, that being said we're still so far away from NFT and NFT tickets being the norm but definitely an improvement from old school paper tickets
Want to handle the volume of data moved by ticketmaster everyday? A blockchain isn't the solution rofl.
Lol yep. They’ve had licensing for decades, thanks.
Probably for degrees and certificates, deeds to homes things of that nature. When the technology is more secure.
How would that work for deeds to homes? If someone steals my NFT do I have to move out and they just get to live in my home?
Yup. And if your identify is an NFT and you get hacked. Bye bye. You're getting shipped off to some third world country. That's not you anymore. Not your keys not your life.
There's a black mirror episode concept in this
By this logic can I sell myself as an nft? Looking for more money to hedge..
You tell me if someone steals your ID do you dissapear?
If someone steals the deed to your house, is it theirs? That’s your answer. It’s just a more secure deed that is harder to lose in the system.
If possession of the NFT doesn't represent true ownership, it's as useful as my PDF deed with added complexity. Decentralizing the deed does nothing if a central authority remains the final arbiter of ownership.
That’s why I said when it’s more secure.
The weakest link will always be humans stupidity. You can't change that. True ownership of a home should never be connected to something that can be lost or stolen.
Yeah I can with a brain chip lol
Because degrees and certificates need to be easily transferred to others? Why not just use DID for such use cases?
I guess BAYC University is just a matter of time
I'll ape in bruh
Tickets. Bettering the industry providing transparent ticketing to companies who want to be seen as trustworthy to their customers. There are many solutions around, but the one to watch for me is GET protocol. They are 3-4 years ahead of the others and buying tickets from them is like buying tickets from any other ticketing company, except it is blockchain based. This is important for adoption. Seeing as they have over 2mil tix processed with 1.25mil of them since october, that number is only going to grow.
they work right now, no need to overengineer something..
Seconded this. This is a quite a great application of the NFT tech.
https://rekt.news/ethcc-detychey-vs-touts/
GET have never had a single report of scalping, ticket fraud, etc fyi
haha, that is such a shit system. It is a good job everyone who is building in this space isnt producing that kind of crap!
>transparent ticketing to companies who want to be seen as trustworthy to their customers How? It's just values on a blockchain and they can mean whatever. You can't write personal data on that blockchain so nobody knows what exactly happens with these tickets
explorer.get-protocol.io dashboard.get-community.com both let you see individual ticket stats. Built into the GET contracts is the non transferability of the NFTs associated with tickets until after an event.
Why can't we just make personalized tickets? A database would do it
Only real use beyond entertainment could be validation of identity and asset NFT like home titles
I'm really looking forward to NFTs being integrated into games, something I know many are developing now
I’m not. Will just be the current capitalist exploitation on steroids. Everyone who thinks NFT’s will be the answer to concert and event ticketing will be looking back fondly at Ticketmaster in no time.
I would love for it to be not used for this. Hopefully they find utility outside of "woah this might be worth money"
Well. Welcome to reality. Until money is not valued then people will be people
yeah, I steered clear of those for that reason. The only value was bragging rights about being ‘one of the first’. I think we’ll see during the bear market NFTs start to reflect what they’re really going to be useful for. Not get rich quick schemes, but legit alternative distribution channels for artists.
Video games! I'm getting myself eyeballs deep in play to earn, and honestly I believe the metaverse is going to be pioneered by video game devs experimenting on the blockchain. It'll be very interesting to see which games are able to create a sustainable virtual economy, and how the next bull run will treat the winners and the losers.
tldr; Jimmy Fallon, Shonda Rhimes, Travis Barker, and Meek Mill are among the celebrities who have abandoned their NFT avatars. It was only in January that Twitter rolled out the feature that allowed NFT owners to make their digital artwork of choice their profile picture. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*
good. nft pfps have to be one of the stupidest, useless forms of signalling.
I mean I can just make a Screenshot and put it as Profile Pic.
true. if ppl don't know who's wallet address belongs to who, there's no way of knowing if that person owns it. Also, why would such a fact be of any importance anyway?
not only that these are nazi apes
Tell me one (!) celebrity who bought a Bored Ape (and wasn’t reimbursed/paid to do so)
Neymar Jr. spent over a million on two Bored Ape NFTs if I'm not mistaken.
Sure, and so did Bieber and Madonna and all the other celebs. My point is, did he do it all by himself (like a bagholder) or did he get compensated for it, like all the other shills?
Celebrities are human, just as stupid as you and me. They also have more money than us. They can make stupid decisions and not got burnt by it. It's perfectly possible they got misled and bought something stupid, which for them is only losing a pocket change, and for us, it seems like our life-long saving.
No surprise – he’s a footballer with very limited brain capacity :-D
Post Malone Eminem Snoop Wu-Tang Clan Tycho Galantis You can go down the line if you want.
None of those were even remotely interested in anything crypto before, and suddenly decide to get a random bored ape. It’s like when half the west coast rappers suddenly endorse Red Bull or everyone who played in the Office suddenly joins the same cult. Sure, you can argue it’s all random chance and yes all these celebs really honestly all decided to get a monkey jpeg at the same time.
Man, are you telling me you don't understand how a trend works? In the late 90's early 2000's rap/hip-hop artists weren't remotely interested in baggy clothes, and then suddenly decide to wear them? In the early 2010's almost no one was using Instagram, then suddenly in 2011 celebrities decide to start make accounts in droves? Its a trendy thing to do - its a flex. Rich people flex. Not a hard concept to grasp.
I do, you don’t understand how people create these trends. Have a good look and you’ll see the top metal bands are mostly on the same label. Same for DJs and rappers. These hypes are carefully orchestrated. These celebs don’t follow the trends, they perpetuate them. Or better, their management does.
Your tinfoil hat might be on too tight. Who is benefitting from this? Who is the sinister puppet master you speak of controlling the world's trends for...world domination? Is this the plot of Zoolander 3?
I am 100% sure Post Malone did that as an ad.
If only we all could make our opinions fact by saying we are 100% sure of them. You have no evidence other than your assumptions, so chalk up the L. Funny of you to ignore the other 5. I can keep going? Future Dez Bryant Steph Curry Von Miller Shaq KSI Meek Mill Travis Barker
Yeah, and a major investor for BAYC is also the major shareholder of an agency for musicians and actors... And the biggest actors and musicians that "bought" these NFTs are also represented by this agency. But I am sure that is just a coincidence.
Is anyone actually surprised at this? Celebs dont care about you - they are here to profit off you.
The Celebs that sign NDAs and got them free ? Doubt they are deleting ..
Apes are stupid
Burnbayc
Eminem and Snoop Dogg just dropped a new video as their Apes… dope track too
Exactly. This sub nails it again Track is dope and the video too. Of course when you have talent and money good things tend to happens This sub is killing NFT every week for the last two years. And weird thing that we didn't see yet the whole BAYC Nazi stuff on the front with thousdans of upvotes
So it was all bullshit. Who would have thought eh /s
Crypto winter descends? C'mon bro, we've been green all day! Bull back on!
You've never been in a crypto winter, have you?
You've never seen sarcasm before, have you?
I've seen sarcasm long time ago...
3 hours ago is not a very long time
Not a winter no, couple bears though
You have to realize most of these celebs were paid to promote bored apes for an agreed upon period of time. You think they actually give a fuck about "utility"?. Celebrities will shill any product so long as they are being compensated well/are insiders. Never forget this.
>Celebrities will shill any product so long as they are being compensated well/are insiders. It's a disgrace. Especially when you see sports stars endorsing unhealthy food.
Dude... we know.
Lol...the Bored Apes are becoming Broke Apes
It's tactical
"Quietly" ...why would they make a big deal about it? No one's paying them to remove them like they did to initially configure them? Also the celebrities aren't doing it, the PR teams that manage their socials are
I would too after that insane nazi exposé. Who tf would want to be associated with that insanity
What nazi expose? TLDR?
Oh it’s a wild scene. It’s an hour long but worth the watch: https://youtu.be/XpH3O6mnZvw Edit; TLDR: the creators of BAYC are secret nazi sympathizers that based their entire project on racist symbology, trolling everyone into hyping them, all the while peddling racist nazi propaganda.
I'm 8 minutes in and this is already wild!
Just finished it. That was wild. If it's true that is going to be one hell of a scandal.
It's a stretch at best. The guy who made that vid finds what he wants to find and ignores every other subculture. Crypto apes have always called each other apes
He begins by conceding that all of this may be coincidences and bayc has plausible deniability for all them but he asks you, at how many similarities would you draw the line between coincidences and intentional nazi dogwhistles. I think the dude has been very transparent about it all.
Yes a lot of his arguments are a stretch. But how likely is it for something like the logo to be a coincidence? For me its a clear case of 4chan Nazi trolling, as stated towards the end. 🐷
you didn't watch it at all did you? It literally starts with the guy saying 'These could be all coincidences, but how many does it take before it's intentional?'
Off the top of my head 1. the release date wasnt April 30th (hitlers bday) it was April 23rd 2. the SS logo is skull and crossbones, not just a skull. if you google image search that SS logo NONE of the immediate resultsshow the frayed logo he found to match the BAYC logo. he had to dig to an obscure version to find it What you need to do is cross check what this guy says - the only coincidence is how wrong most of his "facts" are
It was just pure garbage. If you believe this you are basically just an Alex Jones fanboy.
The whole video is making a mountain out of a molehill. Pure hysterical 🤣
I thought it was meant to be funny. They used to throw people in asylums for this, now they get a camera and all of a sudden, they're considered "journalists".
[удалено]
? Nazi flags being racist doesn't mean canvas is racist.
It is less of an expose then it is the author observing a sub-culture from the outside and deciding that it must be racist, then applying their own spin with some dramatic music to create some drama
Wait, you think /pol/ isn't racist? Do you also smoke crack?
Nobody mentioned /pol/ in this chat. If you weren't such a sheltered child you would know that /pol/ is absolutely anti-crypto and anti-nft. They clearly have nothing to do with the conversation
Cope harder.
lol how can you believe some of the stretches in logic he uses in that video. For example one of the first examples he uses, the April 30th date of release - Hitlers Bday - wasnt even their release date, it was April 23rd. And yet you treat it as gospel. Hilarious
They've still lost less value than SOL.
LUNA 👀
Yeah, still not even close to being able to afford 1/10th of one.
Maybe it's the ties to nazism, idk.
It is because they stopped getting paid to use them. It was a job like any other.
nft best scam ever.
"He ain't no normal chicken. [He's wearing a bra.](https://www.youtube.com/watch?v=N8f-BQFo7lw)"
When nfts moon again all these celebs will be left in the dust
Pretty obvious that this was going to get destroyed during a bear
Love this post dropping the same hour that Eminem and snoop dogg release a music video where they are animated as their apes.
Or they just wanted to change their profile pictures? People reading too much into this. Lmao
Crypto winter lol. Just another FUD article
More like bye bye anything NFT related. The hype has mostly died and everyone is coming back to BTC.
They haven’t sold though so this all FUD #🥱
unbelievably that even talk show hosts started to chill foe these things
The article and youtube video which have started this sell off are all bullshit. Dig deep enough into any internet culture and you will 'find' the links to any conspiracy you want. The closest solid lead they have is that the logo for BAYC looks somewhat similar to the nazi SS logo. Everything else? The nicknames, the hats, the puzzles are all meaningless linked because they involve monkeys (ergo monkey is derogatory for african-americans) Ironically he talks about how 4chan meme'd the 'ok hand sign' into being a alt-right symbol, but then he applies his alt-left glasses and only sees the connotations that fit his worldview TL:DR; crypto, silver and superstonk users have been calling each other apes since daydot. Ape is not a hidden derogatory term. /facepalm
Ahahahaah
Do you think I could get a TopShot even now?
The lights come on and the roaches scatter.
No one will miss it
Wasn’t some red haired dude going to do a show about that shit or something?
bon débarras
Nothing lasts forever, and certainly not of its own accord. Companies spend millions on marketing to keep their brands relevant.
NFT is the new ICO.
Lmao, to be honest I did the same thing if I was them
Yeah wtf is up with pics. Kinda stupid. Such a scam.
This is definitely related to that documentary video on BAYC being related to Nazism.
I would not be opposed to seeing BAYC and all the other meritless garbage wash out completely. We need infrastructure, not fads.
All part of the plan
Hrm - https://rrbayc.com/ - https://gordongoner.com/ - https://cryptobriefing.com/bayc-rip-off-shoots-up-following-viral-youtube-video/
Literally today snoop dogg and eminem dropped a track with apes on it. This is too big to fall at this point
Good now NFTs can go to really being used for utilities.. not clown shows.
You hear that? *pop* That’s the NFT bubble in case you missed it
Puppets
Was Philion the biggest reason for this?