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GlyphGryph
Jun 23, 2013


People keep trying to tell me about them, and my ability to comprehend what they are saying is basically nil. It feels like I'm listening to a crazy person talk, except then you get a couple of them together and then it feels like I am the crazy person, because it is obvious they have an understanding of reality that is consistent between them but is in no way representative of reality as I understand it.

Someone please explain this to me in a way I can understand, because my current understanding of the technology is "... so it's like beanie babies except instead of stuffed animals its collectible URLs?" and that can't be right because nothing they say makes any sense that I can figure if that's the case.

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GlyphGryph
Jun 23, 2013


PokeJoe posted:

It's a digital sticky note.

Hmm. This makes it sound like it's not so much a beanie baby, it's the certificate of authenticity that comes with the beanie baby, and people are just trading/selling the certificates themselves instead of the thing they're attached to?

GlyphGryph
Jun 23, 2013


SoldadoDeTone posted:

My college roommate has made nearly $400k off selling his digital art on the NFT markets. Of course, he has reinvested half of that in NFT's, so I expect that he will actually have made $200.001k. Regardless, man is making money.

Fan fact: he was a goon for a week but used the account to promote his YouTube videos and got laughed off. His new work is legitimately good, though. Not $400k good but good.

Everyone knows the secret to being a successful (read: well compensated) artist is finding the right suckers, so congrats to your friend. Is he actually selling the art in any way (rights or anything) or is it just the standard "certificate of authenticity and a link to the artwork" thing?

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