Tag: blockchain

Categories
Art

Gambling and NFTs

NFTs were based on a de-centralized method of transaction. The blockchain is independent of normal currency, typically requiring digital currency for transactions. And if you’ve heard a little about BitCoin, you know how unruly it can be. NFTs are no different. “Buying in” can be a sort of investment… if you’re lucky! For some NFT go-ers, that’s the whole point. So, what are NFTs? Are they just a lucrative form of stock? Are they honest to goodness artwork? That may be left to the buyer.

Categories
Tech

Climate and NFTs

NFTs come at a cost. Due to the nature they are stored and tracked, NFTs require multiple computers working nonstop to keep the blockchain in order. This may not appear as much to as, who hasn’t left their computer on overnight from time to time? But with NFTs, days can add up to weeks, and weeks to months, and eventually the blockchain will be hogging power like no other. In a world where climate disasters are already reality, we have to be conscious of our power usage. Are NFTs really worth it in the long run?

Categories
Art

Art and NFTs

There’s no hiding it; NFT’s are ugly. Between disturbingly rendered apes and 8 bit portraits, there’s not a lot of eye pleasing choices. What was alarming to me was hearing that “trading cards” were being made into NFTs. And worse yet, they were of the infamous Youtuber, Logan Paul. You have to look around and ask yourself, “Who’s buying this stuff?”.