Nobody Cares: the Non-Fungible Thread

[Beebo Brink]

No Cancel option, eh?

 

[Dakota Tebaldi]

Canceling is quitting

 

[Dakota Tebaldi]

 

[Bartholomew Gallacher]

A NFT selling asshole has created 10000 non-fungible tokens of a Frida Kahlo drawing created in 1944, and burned the original worth 10 million US$ after that on purpose.

Cryptocurrency entrepreneur destroyed $10m Frida Kahlo drawing to ‘transition it into the Metaverse’

Martin Mobarak is selling 10,000 non-fungible tokens of the 9 inch-by-6 inch drawing created by the great Mexican artist in 1944

www.telegraph.co.uk

 

[Free]

Crypto-tech bros, the new fundamentalist extremist group.

 

[Argent Stonecutter]

Don't let them immanentize the eschaton.

 

[Free]

CNN accused of rug pull as it abandons its NFT project

NFT owners expected exclusive features that aren’t coming

www.theverge.com

On Monday afternoon, as pointed out by Parker Molloy, CNN ended its big Web3 project by announcing, “we have decided that it’s time to say goodbye to the Vault by CNN.”

You may have already forgotten about it, but Vault by CNN launched in the summer of 2021 as a marketplace for its own NFTs (non-fungible tokens) that would “offer collectors the opportunity to own a piece of history.” Sort of like NBA Top Shot except for media nerds instead of basketball nerds, it minted CNN reports of key events or artistic interpretations inspired by them, creating digital collectibles that owners could show off somehow or trade with others, like baseball cards. This idea apparently seemed more reasonable while cryptocurrency prices were sky-high, and headlines about NFTs didn’t include phrases like “trading volumes collapse 97 percent since January peak.”

 

[Dakota Tebaldi]

O_O

 

[Kamilah Hauptmann]

$1.2 Billion Metaverse Horrified by Report It Only Had 38 Active Users

Metaverse project Decentraland, a sandbox environment that allows users to buy and sell virtual real estate, isn't exactly teeming with people.

futurism.com

 

[Bartholomew Gallacher]

Are you ready for bitcoin?

 

[Dakota Tebaldi]

 

[Dakota Tebaldi]

$1.2 Billion Metaverse Horrified by Report It Only Had 38 Active Users

Metaverse project Decentraland, a sandbox environment that allows users to buy and sell virtual real estate, isn't exactly teeming with people.

futurism.com

These guys are so cute:

Decentraland pushed back, though, saying that "active users" are defined as unique blockchain wallet addresses that interact with its system. As CoinDesk explains, that means users who simply log in to chat or interact with others aren't being counted.

"DappRadar doesn't track our users, only people interacting with our contracts," Decentraland's creative director Sam Hamilton told CoinDesk, adding that the platform averages around 8,000 users on an average day.

"I know we only sold three hamburgers yesterday but see how you're just conveniently leaving out the hundreds of people who came in, looked at the menu, and left? Fake news!"

 

[Argent Stonecutter]

If you can interact with Decentraland without a wallet, then it's just an in-world currency.

TIL Bitcoin got started by people trading it with L$. Also:

 

[Free]

Truly a Fool of a Took.

Warner Bros.’ Lord of the Rings NFT “experience” is just The Fellowship in 4K

If you’ve ever wanted to watch The Lord of the Rings: The Fellowship of the Ring in a gussied-up browser, Warner Bros. has an NFT for you.

www.theverge.com

 

[Dakota Tebaldi]

 

[Argent Stonecutter]

"Supercharger simulation purchases"?

 

[Noodles]

"Wiped all team members off the website."

Tell me you don't know hownthe internet works without telling me.

And people trusted their money to these fools.

 

[Innula Zenovka]

 

[Bartholomew Gallacher]

Sir Tim Berners-Lee, the inventor of the WWW, has the world something to tell about Web3.0:

You have to understand what the terms mean that we're discussing actually mean, beyond the buzzwords. It's a real shame in fact that the actual Web3 name was taken by Ethereum folks for the stuff that they're doing with blockchain. In fact, Web3 is not the web at all.

Finally, took him long enough!

Web inventor Tim Berners-Lee wants us to 'ignore' Web3: 'Web3 is not the web at all'

Berners-Lee said people too often conflate Web3 with "Web 3.0," his own proposal for reshaping the internet.

www.cnbc.com

 

[Dakota Tebaldi]