Dark Regions Press:

[Martin]

Maybe you're talking about the same person, I read few weeks back some guy was making 40,000$ a month using NFTs. Apparently he has lot of connections to make more such artwork.

There are several artists now making a living selling NFTs. PBS Newshour recently did a lengthy profile on man who was a programmer and created digital art as a hobby in his spare time. He is now wealthy and doing digital art full time. He was as surprised as anyone else.

Here is one of the websites they are selling their work through. Get busy guys, this could pay for you book addiction! MakersPlace - Premier Rare Digital Art Market

[WebInterceptor]

The Bitcoin reference is close as it uses the same block chain technology to save a digital file using a Non-Fungible Token (NFT). It is essentially a digital serial number or finger print that is applied to something that only exists in digital format. It is also used in video games and virtual worlds. Digital art is selling for rather remarkable amounts, sometimes in the millions of dollars. NFL Quarterback Patrick has partnered with some digital artists to auction art for his charity. A single piece of art in that auction sold for around $250,000. Dark Regions is selling the original art from a publication but the original art was created digitally rather than being painted, drawn or photographed.

Maybe you're talking about the same person, I read few weeks back some guy was making 40,000$ a month using NFTs. Apparently he has lot of connections to make more such artwork.

[Martin]

My big issue with NFTs is that all you really "own" is a link, and if someone changes what that link points to, or the server whatever the link points to goes down, that's your problem.

Technically you own the key which is embedded on the item but your point is correct in that it is stored on a server and if you are unable to access the server it is lost. Another real concern is that the key is extremely tightly controlled. If you lose the key you are SOL. If you have something of high value in a banks safe deposit box and something happens to the bank you are in the same boat as the server being destroyed with one exception. I assume that the server has a backup and your property can be recovered. If the bank is destroyed they do not another of your original backed up to get to you.

[slayn666]

My big issue with NFTs is that all you really "own" is a link, and if someone changes what that link points to, or the server whatever the link points to goes down, that's your problem.

[Ben Staad]

I 100% agree. Electronic data is very insubstantial to me.

Maybe it's just me but the whole concept of NFT's is just a bit outside of my comfort zone as I'm a bit of a technophobe (I got my first cellphone a 3 years ago).

[Parviz]

Maybe it's just me but the whole concept of NFT's is just a bit outside of my comfort zone as I'm a bit of a technophobe (I got my first cellphone a 3 years ago).

[Martin]

Dammit, man. Now I need to go look up block chain technology. LOL LOL

Thanks for the explanation however with each of your posts on this it feels like I'm getting deeper into the rabbit's hole.

It is a deep rabbit hole. Time for me to just back away from the keyboard.

[Ben Staad]

Dammit, man. Now I need to go look up block chain technology. LOL LOL

Thanks for the explanation however with each of your posts on this it feels like I'm getting deeper into the rabbit hole.

The Bitcoin reference is close as it uses the same block chain technology to save a digital file using a Non-Fungible Token (NFT). It is essentially a digital serial number or finger print that is applied to something that only exists in digital format. It is also used in video games and virtual worlds. Digital art is selling for rather remarkable amounts, sometimes in the millions of dollars. NFL Quarterback Patrick has partnered with some digital artists to auction art for his charity. A single piece of art in that auction sold for around $250,000. Dark Regions is selling the original art from a publication but the original art was created digitally rather than being painted, drawn or photographed.

[Martin]

The Bitcoin reference is close as it uses the same block chain technology to save a digital file using a Non-Fungible Token (NFT). It is essentially a digital serial number or finger print that is applied to something that only exists in digital format. It is also used in video games and virtual worlds. Digital art is selling for rather remarkable amounts, sometimes in the millions of dollars. NFL Quarterback Patrick has partnered with some digital artists to auction art for his charity. A single piece of art in that auction sold for around $250,000. Dark Regions is selling the original art from a publication but the original art was created digitally rather than being painted, drawn or photographed.

[slayn666]

They're about a month too late on NFTs, that market is crashing hard.

[RonClinton]

Never heard of NFT. Had to google it and still don't understand it.

Just read a bit at that link, and I'm in the same boat...no idea what it all means. Sounds a bit like Bitcoin, I guess, but no idea if I'm even close in that assumption.

[Ben Staad]

Never heard of NFT. Had to google it and still don't understand it.

[Martin]

I thought we had a Dark Regions Press thread but could not find it so I am starting one.

I have been one to complain about Dark Regions Crowd Funding sales and overly complex promotions. They are now trying something that, while I question if it will work, I have to give them props for the attempt. I hope they are wildly successful.

Dark Regions is jumping to the NFT craze and selling some NFT art form one of their books.

Rarible – Create, sell or collect digital items secured with #blockchain