NFT and the Future of Digital Content
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DRM in general is a bad idea, as it puts restrictions on the legal customer. the bad guys will always find a way to bypass or remove DRM. That happend with computer games and software, that happend with musc, and then again with video material, The onyl one bothered by DRM were the loyal customers.
Giving a legal customer a benefit would be much better, IMHO.
And yes, I think something that is worth using is worth buying.
The token is idetifiable, as itself, the thing it was made from is independent of it and not tagged in any way.
I don't know how it compares. To me, 2.8 billion credit cards, billions and billions of printed receipts every year and the infrastructure to maintain all of that has to be magnitudes greater than a few thousand / hundred thousand miners?
Has "Fullmuffin" actually bid on several of the Shudi NFTs or is that a seller or other middleman? It looks like a bid, but it also says the minimum not met, so I can't tell.
Oh boy, I'm sorry to divert from the original subject but this demands a response. I spend many hours a day making pictures that never see the light of day outside my own personal space. As I mentioned elsewhere, most of them are deleted quite quickly too. A waste of time and energy? No! Because I get a lot of creative pleasure out of making pictures. They are not for public display or sale but they fulfill a valuable purpose in my life. I am elderly, live alone and am limited by health concerns as to what I can do to fill my time. "Needless" is a word I think you should reconsider.
I could not agree more. The individual computer is like poluting the Mexican Gulf with a drop of suntan oil. NFTs and crypocurrency are the Deep Water Horizon.
My situation is similar,and I quite understand how you feel, I also get pleasure from doing renders along with a long term project building model railway. I really enjoy creative hobbies. I'm not saying anything against them, only that I don't think I can claim the 'moral high ground' to criticise people who use similar resources, for NFT's or whatever.
To elaborate on Richard's response, an NFT is basically a receipt that says, "A thing exists and I saw it once. Here is the proof."
It has absolutely no value whatsoever unless we come to some future society where massive amounts of data has been lost and our personal worth is decided solely by "lived experience". If somebody needs to prove they saw the mythical, vanished Nyan-cat meme, they can say "The proof is in the blockchain." Or they can sell it, and the person who buys it can lie and say, "I saw it! Here's the proof!" Their "value" lies solely in the theory that some day, having looked at a meme at some point in your life will have important cultural cachet that people will trade vast amounts of money for.
Blessed be the mememakers, for the future is theirs.
I'm still having trouble believing that Daz is taking any of this seriously.
Ok, did some research on NFTs, and it kind of makes sense from a financial perspective as it gives more options for your capital if you're interested in that, but,...it has nothing to do with art as far as I can see, it's a financial thing. The art attached to it, is more of a unique identifier in practice (like the picture on a baseball card).
The average NFT transaction takes about 48kWh of power (equivalent to more than a day’s worth of power consumption of the average US household), every(!) transaction which means: Biding on an NFT, mining a NFT, cancelling a bid on an NFT, selling an NFT etc. If there is one NFT for sale, there will be likely multiple bidders, multiple cancellations and probably a sale,...you can see how this would impact an environment that is already fragile as it is.
IMO: The world really doesn't need capital to have more options, there are options enough, and most people don't use them. The power consumption is really, really bad. This seems outside of Daz core-business as it effectively makes Daz a kind of financial broker I guess. Why not first concentrate on reaching excellence in your core-business? NFTs are by all standards still a form of gambling as far as I can see.
Also comparing making renders to making transactions with NFTs is kind of comparing a moped to a Boeing 747 in terms of pollution.
Don't worry.
This will change nothing.
The money will still go to people far, far richer than you.
My argument isn't that power plant A is okay because we already have powerplant B, C and D, but rather that it's unfair to only target powerplant A, when powerplant B, C and D get a free pass. People are piling on Daz for using the blockchain while ignoring plastic credit cards that will pile up in landfills and remain there for a thousand years. Yes, they are both bad, but they are both useful technologies, that aren't going away any time soon, and instead of punishing people for trying to make a legitimate business out of them, we should rather be fighting for a more sustainable way to be using these technologies, which is already starting to happen. Ethereum is already making plans to move away from mining.
I am genuinely perplexed as to why people are so upset about this.
The thing is, the blockchain does nothing to eliminate credit cards, but rather supplements whatever harm they produce with more harm.
I can only hope that this was some bad form of sarcasm!
But as this topic was already brought up — hopefully, it's just a joke — it would not hurt if DAZ Productions, Inc. would make an "official" post declaring not to use DAZ Studio users' systems for mining. Or in any way incorporate a mining feature into DAZ Studio.
It's Tuesday, and there is now no need to hate Monday's until next week. So something else needs to be hated.
The NFT stuff itself a side, I find it upsetting Daz is directing resources to a side business while the customer experience is lacking in their core business.
My biggest argument is that they have no place here on the site. They really have nothing to do with artwork, but more to do with finance. This should have been spun off to an entirely different site IMVHO and not here. There are other issues I have with it as well that have already been mentioned in this thread. Not to say that I have a problem with Daz the Company exploring other avenues of income, it's just that I don't think mixing them - especially something as unpopular as this - is the answer. They should have thought it thru a little more than this. NFTs and 3D models have about as much in common as squirrels and ballpoint pens. It's as tho they decided - on the same website - to go "So, now in addition to our 3D models we're also going to be selling strawberry jam".
While I've liked a lot of their moves in the past year, Daz has made very little effort to organically build a community outside the forums. Big flashy promotions that don't make sense to existing users are like trying to catch a comet's tail--you wave your arms real big and try to get the attention of people who are outside your usual audience and don't know they need your product yet.
But Daz really likes that kind of marketing, and I have very rarely seen them do advertising that actually describes what their product does for a user in a straightforward way. They don't meet existing customers where they are and they don't seem interested in growing communities around common uses for the assets they sell.
Clip Studio Paint built an enormous, loyal audience that basically advertises for them, and they did it by finding Artist Problems and explaining how their software solves them. You do comics? Look how easy it is to set up panels on pages. You do digital painting? Check out all the free brushes you can download. Then they go into specific use cases, showing practical applications for different features. On social they're always giving away graphics tablets and spinning up art contests, which spread like wildfire. They reach out to people at the entry level and encourage them to join the community.
Maybe Daz could catch on with influencers who want their own digital avatars and blow up that way, but they could also go a little more down to earth and find a wider variety of people using their stuff who would then be willing to tell their friends, and so on.
Others have already mentioned the environmental impact, but there's also the potential for greater ease of art theft at the end of this road. There's no way to avoid it entirely, stopping art theft is like playing whack-a-mole, but this will make it so much tastier for the theives to take a bite out of. And that's not okay.
A countdown timer that counts down to something entirely unrelated to anything the majority of the customers here do.
It's like opening your birthday present, that you've been staring at for four days and finding socks... For your brother.
My mom rehabs squirrels. Now I need to tell her to get a picture of one holding a ballpoint pen.
It was a lot of hype for something people already actually hate and don't want. A guy sold his farts for $85 and Daz just jumped on this very same, very questionable bandwagon. Art Station tried to jump on it too, but people were so angry there that they backed down.
are they saying they want to pay us to show our renders?
how much will give me to put my renders in their gallery?
does that include carrara renders? cuz i dont tender in daz studio. might if the pay was motivational.
The idea was floated but they didn't actually offer it. They just want to know if people would be interested. I don't think the software you used would matter. You would only get "paid" or given credit or whatever if someone wanted to buy a print of your work. Deviant Art also allows you to sell your prints, but for cash, not credit. I don't think a lot of prints sell, though. Not sure why Daz would be any different.
In theory, if Daz did implement an NFT system for the gallery, they would not be selling your renders. They would be selling a token that the buyer has seen your render. And if you decide to take your renders down one day, those tokens would theoretically increase in value since you've introduced scarcity. So if it suddenly becomes an important bragging right to have experienced looking at a Mystiarra render, then the NFTs would skyrocket in value.
Of course, Daz could also add the stipulation that the buyer does get a copyright to your renders, but that's different from the NFT itself.
The Unreasonable Ecological Cost of CryptoArt
The energy costs of NFTs tracked by one artist who now campaigns to lower the medium's carbon emissions.
Also, this quote suggests that Rawb's mention above of a "cleaner" system is not set in stone at all: "Ethereum’s developers have planned a shift to a less carbon-intensive form of security, called proof-of-stake, via a blueprint called Ethereum 2.0. But this has been in the works for years, and there is no clear deadline for the switch."
And you would be wrong:
https://www.bbc.com/news/technology-56012952
https://digiconomist.net/bitcoin-energy-consumption/
Is etherium moving away from this model? Maybe, from the information available we can know they have been saying so for over 2 years at least.
Also, they remove one problem but add another. Reading about the new model is just too obvious who will directly benefit from this: Rich people will be be richier, but unlike current blockchain were they need to invest a lot and reinvest more in the form of hardware, now it will be simpler: Those who have more ETH will earn more ETH while still producing NOTHING.