So the latest crypto grift is non-fungible tokens (NFT) - it's like if you were to take the professional art-world money laundering schemes, and put it on the internet. These pieces are selling for crazy high amounts of money because people are speculating on their value.

I propose we start an art collective to cash in on this. I have the technical knowledge to create and trade these NFTs - but I need unique original works of digital art. It doesn't really even have to be good and it'll sell for hundreds of dollars. This is a unique moment to get in on the grift.

They're traded on sites like: https://opensea.io/

The process of creating a token takes a decent amount of up front money, like $50-$80, but the creator gets the initial sale price + 10% of future sales (depending on the platform). If anyone wants to give it a shot - I'll front everything and manage the technical side, with an agreement that the collective common fund gets a certain percent so we can fund the creation of new tokens for collective members. I wouldn't be taking anything.

I'd think it'd also be cool to donate any excess dues to fund a chapo.chat mutual aid fund, and other causes we agree upon.

  • lohs [she/her]
    ·
    edit-2
    4 年前

    Any excess funds you earn from selling crypto art will be more than offset by the environmental damage you've done by engaging in it.

    https://memoakten.medium.com/the-unreasonable-ecological-cost-of-cryptoart-2221d3eb2053

    http://cryptoart.wtf/#https://superrare.co/artwork-v2/styx-8054

    • PorkrollPosadist [he/him, they/them]
      ·
      4 年前

      I don't know what you all think about money or monetary policy, but in the context of any revolutionary project I think we would want to bring monetary policy under the control of a socialist state, if not abolish the value form entirely along with the state. Blockchain currencies could serve a role in accomplishing this, but this is opposite to the goal of all major cryptocurrencies currently in use.

      • lohs [she/her]
        ·
        4 年前

        Made a dedicated post on it to raise awareness of the people here, comment over there for the algo and discussion

        https://hexbear.net/post/90651