▲ 557 ▼ Buyers of Bored Ape NFTs sue after digital apes turn out to be bad investment (arstechnica.com) submitted 3 years ago by merridew@feddit.uk to c/technology@lemmy.world 128 comments fedilink hide all child comments
[–] btaf45@lemmy.world 36 points 3 years ago (3 children) [Bored Ape NFTs can now be purchased for just $50,000 each.] You can also buy my special doodles for $12 million each. permalink fedilink source hideshow 6 child comments replies: [+] bob_wiley@lemmy.world 23 points 3 years ago* (last edited 2 years ago) (1 child) [deleted] permalink fedilink source parent hideshow 2 child comments replies: [–] MimicJar@sh.itjust.works 9 points 3 years ago (2 children) Oh it's even stupider than that. In most cases it's, A. Just a link which happens to be a jpg. Which means it the website wants to change the jpg they can or if the website goes down it points nowhere. Or B. Just a hash, which might supposed to be a unique representation of a specific image, but really is just a string of characters, so different sites might disagree what that image is. permalink fedilink source parent hideshow 4 child comments replies: [+] bob_wiley@lemmy.world 8 points 3 years ago* (last edited 2 years ago) [deleted] permalink fedilink source parent [–] NewDark@unilem.org 2 points 3 years ago If you're talking about an IPFS hash, That's a hash based on the image's content on a very specific network. The same image content will always hash to the same key. permalink fedilink source parent [–] Arotrios@kbin.social 4 points 3 years ago I'm looking for a rendition of the Sistine Chapel with God as Danny Devito and Christopher Lloyd as Adam, like it was in the Taxi days, ideally done in oils. All I've got is a buck, but my social account has followers. If I post it, you'll get exposure. What can you do for me? NFT's were actually a very clever plot put together by us starving artists to combat the hordes of choosing beggars that infest the internet. We all knew it was a scam, just like limited edition glichee prints, but there hasn't been a time in history when artists made enough money not to have to scam folks to survive, so we figured we were more than justified taking the tech-bros for a ride. permalink fedilink source parent [–] Moobythegoldensock@lemm.ee 3 points 3 years ago What kind of idiot do you think I am? I won’t pay a penny more than $10 million. permalink fedilink source parent
[+] bob_wiley@lemmy.world 23 points 3 years ago* (last edited 2 years ago) (1 child) [deleted] permalink fedilink source parent hideshow 2 child comments replies: [–] MimicJar@sh.itjust.works 9 points 3 years ago (2 children) Oh it's even stupider than that. In most cases it's, A. Just a link which happens to be a jpg. Which means it the website wants to change the jpg they can or if the website goes down it points nowhere. Or B. Just a hash, which might supposed to be a unique representation of a specific image, but really is just a string of characters, so different sites might disagree what that image is. permalink fedilink source parent hideshow 4 child comments replies: [+] bob_wiley@lemmy.world 8 points 3 years ago* (last edited 2 years ago) [deleted] permalink fedilink source parent [–] NewDark@unilem.org 2 points 3 years ago If you're talking about an IPFS hash, That's a hash based on the image's content on a very specific network. The same image content will always hash to the same key. permalink fedilink source parent
[–] MimicJar@sh.itjust.works 9 points 3 years ago (2 children) Oh it's even stupider than that. In most cases it's, A. Just a link which happens to be a jpg. Which means it the website wants to change the jpg they can or if the website goes down it points nowhere. Or B. Just a hash, which might supposed to be a unique representation of a specific image, but really is just a string of characters, so different sites might disagree what that image is. permalink fedilink source parent hideshow 4 child comments replies: [+] bob_wiley@lemmy.world 8 points 3 years ago* (last edited 2 years ago) [deleted] permalink fedilink source parent [–] NewDark@unilem.org 2 points 3 years ago If you're talking about an IPFS hash, That's a hash based on the image's content on a very specific network. The same image content will always hash to the same key. permalink fedilink source parent
[+] bob_wiley@lemmy.world 8 points 3 years ago* (last edited 2 years ago) [deleted] permalink fedilink source parent
[–] NewDark@unilem.org 2 points 3 years ago If you're talking about an IPFS hash, That's a hash based on the image's content on a very specific network. The same image content will always hash to the same key. permalink fedilink source parent
[–] Arotrios@kbin.social 4 points 3 years ago I'm looking for a rendition of the Sistine Chapel with God as Danny Devito and Christopher Lloyd as Adam, like it was in the Taxi days, ideally done in oils. All I've got is a buck, but my social account has followers. If I post it, you'll get exposure. What can you do for me? NFT's were actually a very clever plot put together by us starving artists to combat the hordes of choosing beggars that infest the internet. We all knew it was a scam, just like limited edition glichee prints, but there hasn't been a time in history when artists made enough money not to have to scam folks to survive, so we figured we were more than justified taking the tech-bros for a ride. permalink fedilink source parent
[–] Moobythegoldensock@lemm.ee 3 points 3 years ago What kind of idiot do you think I am? I won’t pay a penny more than $10 million. permalink fedilink source parent