I linked to Non Fungible Token’s recently. Seth Godin thinks they’re a dangerous trap, for creators, for buyers & for everyone else. Read the whole thing.
Seth’s got a few other links in his post too – Sterling Crispin’s long essay is here.
Tag: Crypto
[Link] Art, AI & Crypto
To Learn: What is an NTF?
NFTs are the bridge from conceptual art to contractual art
— seth goldstein (@seth) February 19, 2021
Seth Goldstein takes photos of the sunset every day and then train an AI model to turn it into a 30-second MP4 video, & puts it up for sale. If anyone can copy a video, how dose he make his work unique? He turns it into a NFT (a Non-Fungible Token).
minted my first art token https://t.co/SOmrUG0kuI, an ai-generated synthetic video of imaginary waves trained off 1k high rez photos pic.twitter.com/GtPyA5fLrW
— seth goldstein (@seth) February 10, 2021
Fascinating.