So the latest crypto grift is non-fungible tokens (NFT) - it's like if you were to take the professional art-world money laundering schemes, and put it on the internet. These pieces are selling for crazy high amounts of money because people are speculating on their value.

I propose we start an art collective to cash in on this. I have the technical knowledge to create and trade these NFTs - but I need unique original works of digital art. It doesn't really even have to be good and it'll sell for hundreds of dollars. This is a unique moment to get in on the grift.

They're traded on sites like: https://opensea.io/

The process of creating a token takes a decent amount of up front money, like $50-$80, but the creator gets the initial sale price + 10% of future sales (depending on the platform). If anyone wants to give it a shot - I'll front everything and manage the technical side, with an agreement that the collective common fund gets a certain percent so we can fund the creation of new tokens for collective members. I wouldn't be taking anything.

I'd think it'd also be cool to donate any excess dues to fund a chapo.chat mutual aid fund, and other causes we agree upon.

  • QuillQuote [they/them]
    ·
    4 years ago

    I thought the joke was that sending and browsing images was the big problem, the joke being this is said on an image sharing platform haha

    And wow yikes that's horrifying

    • lohs [she/her]
      ·
      4 years ago

      https://memoakten.medium.com/the-unreasonable-ecological-cost-of-cryptoart-2221d3eb2053

      http://cryptoart.wtf/#https://superrare.co/artwork-v2/styx-8054