Here’s what I think (pls weigh in):
You can change the Mona Lisa, but ≠ market
valuing
it like the Mona Lisa.
NFTs are > the jpeg. They are a function of community+access+narrative+FOMO - & is reliant on supply/demand that doesn’t come through simple copy-paste https://t.co/5nffkcVQIi
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Replying to @kylascan
I think there’s another thing here people are totally forgetting in their rush to discount NFTs: classical art is not the only art and it is not the only art worth “ridiculous” valuations. Art Basel banana anyone?
7 replies 0 retweets 15 likes -
Replying to @Bonecondor @kylascan
TradArt can't be replicated exactly though. Even copies will have small variations which isn't true of digital. The focus on uniqueness of the art is misplaced in NFTs, the value is really the signature
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Replying to @brrrzooka @kylascan
I have bad news for you about the concept of “prints”
2 replies 0 retweets 3 likes -
Replying to @Bonecondor @kylascan
Prints will still have subtle variations as a result of being physical copies and they can't as easily be produced in high quality. Value in both is obviously subjective but there is a sense of uniqueness in physical art that doesn't exist in digital. That's the beauty of digital
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Replying to @brrrzooka @kylascan
I’m not really getting where you’re coming from, I guess. Prints are done digitally all the time and are perfect recreations. People are capable of making fakes so good they fool everyone. The generative nature of some nft projects is plenty of uniqueness, what do you mean?
3 replies 0 retweets 5 likes -
Disagree that a print can ever be a perfect replication of a physical artwork, whereas you can exactly replicate a digital artwork. So the exact configuration of pixels can’t be what is valuable. What’s valuable is the signature, the provenance.
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Replying to @macrocephalopod @Bonecondor and
whats valuable is how much you can borrow against it non-recourse
1 reply 0 retweets 2 likes
I mean “valuable” is probably the wrong word, what I mean is “what are people willing to pay for”.
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Replying to @macrocephalopod @Bonecondor and
yes, i'll gladly pay whatever you lend me non-recourse on defi
0 replies 0 retweets 1 likeThanks. Twitter will use this to make your timeline better. UndoUndo
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