[ SECRET POST #5700 ]

[case]

⌈ Secret Post #5700 ⌋

Warning: Some secrets are NOT worksafe and may contain SPOILERS.


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Notes:

Secrets Left to Post: 03 pages, 61 secrets from Secret Submission Post #816.
Secrets Not Posted: [ 0 - broken links ], [ 0 - not!secrets ], [ 0 - not!fandom ], [ 0 - too big ], [ 0 - repeat ].
Current Secret Submissions Post: here.
Suggestions, comments, and concerns should go here.

Comments

[fscom]

09. https://64.media.tumblr.com/4d8de3037dfe3da472bdff450a076324/ad76907f269861d0-b4/s1280x1920/9c4e23ea74580a8f4a32cdb2237204ebedcf54a2.pnj

[(Anonymous)]

There was a lot of manufactured hype, and companies are just as vulnerable to that in some ways as consumers are. Plus, if you're not very familiar with the realities of NFTs, it looks at first glance like it's just free money for nothing. Of course that's going to be appealing to a lot of companies.

I think it's dying off, though.

[(Anonymous)]

Agreed, and it seems to be dying off to me as well. At least the crypto bros at my company have stopped going on about them (thankfully).

[(Anonymous)]

Agreed. NFTs are a scam. Especially disappointing to me to see Star Trek get exploited to sell them, but at least the fandom roundly rejects them.

[(Anonymous)]

How is Star Trek involved??

[(Anonymous)]

They're just one of the franchises there have been NFTs based on. Something called "Star Trek Continuum."

[(Anonymous)]

I once saw someone saying (I think on boingboing) that the original concept was pretty cool: fundraising for a specific project but with public receipts, so someone's claim to have funded the X project that went on to be a complete banger could be verified. With I suppose commemorative icons or whatever. But blockchain is terrible and then the grifters started hyping it.

[erinptah]

...that's definitely not the original concept, though, because "fundraising with public receipts" websites have been around for more than a decade. Anyone can look at which campaigns a Kickstarter account has backed.

Heck, a site like Twitter could do "connect to your Kickstarter account and offer special avatar options based on the campaigns you've backed" just as easily as "connect to your blockchain account and offer special avatar options based on the tokens you've bought."

(The concept that was being pitched back when I first heard of them was "what if you could own the unique and irreplaceable original of a digital file?" Which would be a genuinely new and cool idea, nobody's done that before...except, oops, nobody's doing it now, either, because that's not what NFTs are.)

[(Anonymous)]

Techbro beanie babies ruining everything! If folks want to own digital art they should just go to DeviantArt and commission a fursona like normal people. Or other art, I dunno. They could even pay the artist extra to get the .psd file and even more for the artist to not even put the piece in their portfolio..?

But no. Art Instagram is full of terrible MS Paint color scheme copypaste doodle accounts that are all called "disinterestedprimatesocialclubsociety" and feature whatsit ugly creature drawn as Iron Man or smoking a doobie. NiFTys are creatively bankrupt, environmentally irresponsible and fucking hideous garbage scams people are trying to get suckers into before it all crashes.

Sorry not sorry for the rant, I hope all digicoin wallets get stolen and those ugly jpgs get right-clicked and the actually talented artists who got into them because they wanted to make money (RIP James Jean and LadyPink) realise they were fools.

[(Anonymous)]

I don't even understand this.

[(Anonymous)]

DA

I wish I didn't understand this.

[(Anonymous)]

SA

I envy you so much

[(Anonymous)]

NAYRT

'Techbro beanie babies ruining everything!'

AYRT is describing NFTs as the beanie baby bubble of techbros. Not inaccurately. Beanie babies were stuffed toys in the 90s/early noughties that somehow became a manic craze, with limited editions and rare ones selling for lunatic prices. People were convinced that they were investigating in their future by buying them. The bubble eventually burst, and of course they're essentially worthless.

'If folks want to own digital art they should just go to DeviantArt and commission a fursona like normal people. Or other art, I dunno. They could even pay the artist extra to get the .psd file and even more for the artist to not even put the piece in their portfolio..?'

AYRT is suggesting that an actual valid way to buy digital art is to pay an artist to create something and to send you the original file, also to not put the piece online so only you and the artist would ever see it or own a digital copy of it.

'But no. Art Instagram is full of terrible MS Paint color scheme copypaste doodle accounts that are all called "disinterestedprimatesocialclubsociety" and feature whatsit ugly creature drawn as Iron Man or smoking a doobie.'

Reference to the Ape Yacht Club. Some stupid fecking NFT trend where very basic digital pictures of the same ape in various outfits were sold for tens of thousands of dollars. Owning one got you into the 'club' and a pass to events. I read an article where someone attended one and it sounded like a lame festival populated solely by techbros.

' NiFTys are creatively bankrupt,'

Debatable, but yeah it's hardly the big talents doing this.

'environmentally irresponsible'

The CO2 output from the energy required to run crypto and NFTs is astronomical and very irresponsible.

' and fucking hideous garbage scams people are trying to get suckers into before it all crashes.'

Suspect this doesn't need an explanation.

'...and those ugly jpgs get right-clicked'

Anyone can save the NFT digital images. To 'own' a NFT is literally worthless.

[(Anonymous)]

AYRT

Thank you for taking the time to do this. I understand better now, and agree.

[(Anonymous)]

Thank you for being my anger translator! You did a great job opening my buzzwordy apeshit (haha) frothing to the lucky uninitiated!

[(Anonymous)]

Your rant was fun af to read though, keep on keepin.

[(Anonymous)]

NFTs are getting pushed so hard because they're a bigger fool scam. You're a fool to buy in, and the only way to get money back is to find a bigger fool to buy from you. They're getting more and more desperate because they're running out of fools.

[(Anonymous)]

Pyramid scheme 101

[(Anonymous)]

At least some dudebros have been learning how Economy actually works in a roundabout way. Maybe by the end of the decade they will finally realize how bad capitalism is

[(Anonymous)]

I saw someone refer to NFTs as 'MLMs for men' and it's stuck in my mind ever since.

[(Anonymous)]

At least people who waste a bunch of money on Pampered Chef and Mary Kay can recoup some of their losses by regifting it. I might not have necessarily wanted a meat tenderizer or a tube of hand scrub, but at least it's not a jpeg of a monkey.

[kallanda_lee]

I think it's not that much to do with fandom, as that they are trying to sell where they can. The people who REALLY made money on it, already did, so people who not in later are now just still trying to earn scraps, mostly by trying to sell it to people who know less about finance.

[meadowphoenix]

the entire blockchain seems like a misunderstanding of the needs of and a wanton disregard for the safety of vulnerable people made by the losers of the 2008 financial crises who whined about not being the billionaire asshole in the whole debacle.

[(Anonymous)]

I think it was originally mostly like... techie libertarians and gold-bugs and people like that? So I feel like that lines up.