Thank you to:
@melstonemusic for script advising
@thatkimparker for great data analysis
@theymerSophie for general advice
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I encourage those who are interested or are making NFTs to watch this video and consider their placement within this very predatory market. Get your coin, but take a step back to look at who is pulling the strings.
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oh!! i didn't know you made vids but you're so good at clearly disseminating info, cat it was so good!
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these kinds of videos are a recent endeavor!! thank you!! glad it came across clearly
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the thumbnail harkens me back to the duct taped banana on the wall
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Which can be pretty much the point. The Duct Taped Banana on the Wall in a musem pretty much shows how much this country has a huge disdain for the arts, more interested in short-term profit with no backup plans should things go south. Remember that da industry favors da grift.
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Thank you for clearly explaining the negative impacts of NFT beyond energy waste (which gets a lot of attention). How they are just a new version of art-world speculative investment trades to clean money or multiply holdings and earnings based on return-on-investment.
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Which would be gross even if they were being traded in fiat currency or USD. But they are forever conjoined to volatile crytpo-currencies, which make them double-layer pyramid-schemes. So-called 'clean-NFTs' on HEN run on the Tezos crypto-token. Just flavors of the same grift.
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great video! i love the treatment of it almost as a documentary. you have great humor, pacing, and presentation, you have done a great job!
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thank you
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I dive deep into the shady aspects of the NFT market and why they are bad for art.