SIGforum
Non Fungible Token (NFT) art sold for $1.4m

This topic can be found at:
https://sigforum.com/eve/forums/a/tpc/f/320601935/m/2040004184

April 19, 2021, 12:39 PM
straightshooter01
Non Fungible Token (NFT) art sold for $1.4m
"The digital artist known only as Pak has reportedly sold a single pixel as a part of a collection of non-fungible tokens (NFT) for a total of $1.4 million; the entire collection sold for $17 million."

https://www.breitbart.com/tech...or-over-1-4-million/

This was a single grey pixel. The world has lost its mind.
April 19, 2021, 12:46 PM
Angus the Kid
Add this trend to the things that I do not understand.


"Meet the new boss, same as the old boss"
April 19, 2021, 12:59 PM
parabellum
Assholes. Eat the rich
April 19, 2021, 01:03 PM
Flash-LB
You can't fix stupid.

~Ron White
April 19, 2021, 01:22 PM
bigwagon
$1.4 million? That's chump change:

https://www.nytimes.com/2021/0...hristies-beeple.html

And I don't get it either.
April 19, 2021, 01:23 PM
sigalert
I should start growing tulips




“Crisis is the rallying cry of the tyrant.” – James Madison

"Keep your fears to yourself, but share your courage with others." - Robert Louis Stevenson
April 19, 2021, 01:50 PM
straightshooter01
quote:
Originally posted by bigwagon:
$1.4 million? That's chump change:

https://www.nytimes.com/2021/0...hristies-beeple.html



And I don't get it either.


Yeah there was a post on here about that collage sale. But that was a huge colorful collage of images for 69 million. This was a SINGLE GREY PIXEL for 1.4 million.
April 19, 2021, 02:03 PM
1s1k
I just don't get it either. Especially considering anyone with no talent needed can make an exact replica.
April 19, 2021, 02:36 PM
divil
Caligula was said to have dissolved expensive pearls in vinegar and drank the solution.

The fabulously wealthy, those so removed from actual basic needs, or the toil of earning enough to acquire basic needs, can fritter away money in ways the less financially fortunate can never understand.
April 20, 2021, 05:14 AM
nhracecraft
These are the same people that buy 'Carbon Credits'... Roll Eyes


____________________________________________________________

If Some is Good, and More is Better.....then Too Much, is Just Enough !!
Trump 47....Make America Great Again!
"May Almighty God bless the United States of America" - parabellum 7/26/20
Live Free or Die!
April 20, 2021, 08:58 AM
cyanide357
Just the continuation of using the buying/selling of art as a money laundering conduit?
April 20, 2021, 01:07 PM
patw
I can appreciate art but this is stupidness, in my opinion. Well that and anyone paying millions of dollars for some paint/canvas no matter the era or rarity. I remember Dennis Leary saying something about art in a movie, that it only matters to the rich and I agree.
April 20, 2021, 09:04 PM
SigFan
Whiskey Tango Foxtrot, over?


Regards From Sunny Tucson,
SigFan

NRA Life - IDPA - USCCA - GOA - JPFO - ACLDN - SAF - AZCDL - ASA

"Faith isn't believing that God can; it's knowing that He will." (From a sign on a church in Nicholasville, Kentucky)
April 21, 2021, 04:45 PM
229DAK
quote:
The Wall Street Journal reports that a single pixel was sold as part of an NFT art collection by the digital artist Pak, known only as @MuratPak on Twitter, for around $1.4 million worth of Ethereum cryptocurrency.
Bullshit art bought with bullshit currency.


_________________________________________________________________________
“A man’s treatment of a dog is no indication of the man’s nature, but his treatment of a cat is. It is the crucial test. None but the humane treat a cat well.”
-- Mark Twain, 1902
April 21, 2021, 04:56 PM
monoblok
quote:
Bullshit art bought with bullshit currency.

Seems like an equitable deal to me. Buying nothing with nothing...but unfortunately getting a lot of undeserved publicity as a result.


-MG