I'd rather buy a star. I can get a Deluxe star for $34 and a Super Nova for only $79. I'm leaning toward the Super Nova. I don;t want a run-of-the-mill ordinary star or an NFT for that matter.
https://starregister.org/
But that would be like me creating keeping my own NFT. If I buy a star from his outfit, then I can sell it "officially" to some "sucker" I mean buyer who might want my star, my unique star.You could just choose a star, claim it as yours, make your own certificate and save the money. You would have all the privileges for the cost of paper and ink.
But that would be like me creating keeping my own NFT. If I buy a star from his outfit, then I can sell it "officially" to some "sucker" I mean buyer who might want my star, my unique star.
I would. Except I still don't know what I'm selling.But why take the risk. You might not find a stupid sucker and you would be out the money. Make your claim, print a certificate, print it out, and with almost no cost to you sell it to a sucker.
I would. Except I still don't know what I'm selling.
I know you still won't understand.
https://www.all-about-photo.com/pho...ent=article&utm_campaign=10fortoday4.0styling
https://www.theverge.com/22310188/nft-explainer-what-is-blockchain-crypto-art-faq
https://www.cnbc.com/2021/12/19/thi...ent=article&utm_campaign=10fortoday4.0styling
https://www.aaronreedphotography.co...ent=article&utm_campaign=10fortoday4.0styling
https://www.nbcnews.com/tech/securi...ent=article&utm_campaign=10fortoday4.0styling
The first link shows me I only bought a digital token that is a digital certificate, not physical. I can't do anything with it other than sell it at some point if I can find a buyer. So what have I bought? What am I selling? I'd be better off buying an Adams' print that I could hang on a wall? I could sell that print later on to someone else. Meanwhile, I could enjoy it hanging on the wall of my home. Can't do that with an NFT. That's what I've been saying all along. An NFT has no real purpose for the buyer. When I buy art, I want to be able to show it, enjoy it, etc. If I misunderstand it, then you explain to me what I'm missing.I know you still won't understand.
https://www.all-about-photo.com/photo-articles/photo-article/977/nfts-and-photography-all-you-need-to-know?utm_medium=theshot.wed.rd.20220216.smartflab.436.1&utm_source=email&utm_content=article&utm_campaign=10fortoday4.0styling
https://www.theverge.com/22310188/nft-explainer-what-is-blockchain-crypto-art-faq
https://www.cnbc.com/2021/12/19/thi...ent=article&utm_campaign=10fortoday4.0styling
https://www.aaronreedphotography.co...ent=article&utm_campaign=10fortoday4.0styling
https://www.nbcnews.com/tech/securi...ent=article&utm_campaign=10fortoday4.0styling
The first link shows me I only bought a digital token that is a digital certificate, not physical. I can't do anything with it other than sell it at some point if I can find a buyer. So what have I bought? What am I selling? I'd be better off buying an Adams' print that I could hang on a wall? I could sell that print later on to someone else. Meanwhile, I could enjoy it hanging on the wall of my home. Can't do that with an NFT. That's what I've been saying all along. An NFT has no real purpose for the buyer. When I buy art, I want to be able to show it, enjoy it, etc. If I misunderstand it, then you explain to me what I'm missing.
And collecting physical photographs is so popular among the general public that galleries are booming? Something does not have to have wide-spread acceptance to be a viable source of income.It is not a question of understanding, rather whether or not it is widely accepted by the public and that has not happened. My credit union now handles digital currency, BitCoin, but it is still not widely accepted.
Well, I said that unless you're buying it only for investment purposes and can find a buyer who would be willing to pay you more, there;s no other point to an NFT. That's the point I was making. You can;t hang it, eat it, drive it, wear it, etc. Otherwise, it serves no purpose.I'm assuming you're retired, Alan. Do you have investment accounts in which you buy or sell stocks, mutual funds, bonds, etc., in order to pay for your standard of living? If so, do you only buy and sell physical certificates through the (physical) mail, so that you could hold said certificates in your hands, frame them on the wall, etc? Or do you conduct electronic transactions in which you are trading nothing physical at all, yet those transactions involve money? Do you suppose day traders and those who make their living brokering such transactions insist on dealing only with physical objects that are held in the hands? Speaking for myself, not one single investment in my retirement portfolio is represented by a physical object that I can hang on my wall. Instead they are mutual funds and (limited) stocks and bonds that are managed in electronic accounts that I log into. I'd hardly say that those accounts have no real purpose simply because I can't physically hold them in the hand.
Viable is the important word.And collecting physical photographs is so popular among the general public that galleries are booming? Something does not have to have wide-spread acceptance to be a viable source of income.
Well, I said that unless you're buying it only for investment purposes and can find a buyer who would be willing to pay you more, there;s no other point to an NFT. That's the point I was making. You can;t hang it, eat it, drive it, wear it, etc. Otherwise, it serves no purpose.
I would not compare NFTs to stock certificates. When you own stock you own a portion of a corporation that has value. That certificate represents factories, products, real-estate, intellectual property, patents, etc. There is no comparison of owning a share of Exxon with an NFT. If you own Exxon, you own oil wells and refineries. The corporation issues dividends from earnings, and they mail you a check for them. Stocks have intrinsic value. NFT's do not. Plus, I thought we were talking about owning art. NFT's aren't art either. They're a hope and a dream. That's it.
And?Viable is the important word.
You don't own any part of a corporation when you own stock in it.I would not compare NFTs to stock certificates. When you own stock you own a portion of a corporation that has value.
Everyone here has opinions on everything. NFTs aren't any different. Considering some Nfts are used for photos, it's a very relatable and current subject, well worth our time.It's ok. It takes all types to make the world go 'round, and even if you disapprove of NFTs, the marketplace doesn't seem to know that. There are plenty of things in this world on which I don't spend my money, but it's not up to me to tell those who do that they are wrong. Or I can, but I shouldn't expect anyone to care.
You don't own any part of a corporation when you own stock in it.
What you own is an enforceable legal right to obtain some things from the corporation, as well as enforceable legal (voting) rights respecting the operation of the corporation.
And of course corporations themselves aren't something that you can hang on a wall - they are just a bunch of legal arrangements in a construct that is created by statute.
Corporations aren't thinare ideas and rules - not unlike NFTs.
NFTs aren't art. That's the point. You still haven't explained to me what is its intrinsic value other than as a digital investment token to sell to an unknowing schnook who doesn't know what it represents. He can't do anything with the underlying artwork. If I'm wrong please spell out what I'm missing.And?
Also, the question of NFTs (and art in general) as an investment is pretty iffy unless you're shelling out big bucks for blue chip pieces. If I buy one of your photographs, what do I own beyond a piece of paper coated with ink or chemicals? There is no intrinsic value to art, it is about what it means to me and some others. The original point of this post is that there are people who buy NFTs and this may be a source of income for photographers now and in the near future. To those of you who say "I wouldn't buy one of those, only fools would do so"--do you buy any art at all?
That makes more sense to me. The Nft acts as a kind of seal proving original manufacturing of the print and the ownership which could be sold together. It will help to avoid counterfeits of prints.Further thoughts...
The NFT would be a one of one copy, like a painting. The art world likes that.
The actual photographs would be like a painter having a signed and numbered series of prints made from a painting.
Makes sense to me, if that's where the market is going, and I have less than little control over the art world!
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