No One Bought Steve Vai's NFT

[@UnivegaSuperSport]

Steve's project might have failed, but I can tell you from first-hand experience Gibson's NFT's are the real deal. Just last week my Gibson NFT cracked right at the headstock. I'm still looking for a virtual luthier to do a proper repair.

[@froblivion8284]

Lol! Great comment. I’m invested in crypto but the whole nft thing is horse shit as far as I’m concerned. Best of luck finding that luthier 🤣🤣👏👍

[@gmmakesmehurl]

Only fonzanoons break Gibson necks.

[@EarthisnotforSale]

LOL this is by far the best comment

[@mooggeek75]

I have a Dan Erlewine NFT that can fix it for .0025 StewMac coin.

[@UnivegaSuperSport]

@@mooggeek75 Now we're talking!

[@constantinosmavroyannis9409]

i wouldnt even pay 2600 usd to get that exact guitar and i am a vai fan. im so happy when ppl ignore money grabbing fake nonsense like this. it almost restores my faith in humanity

[@dpajc056]

🤣👏👏👏 I wouldn’t want that guitar free of charge

[@barbaradascalos4411]

You could not pay people to take that monstrosity.

[@bPcrazydave]

Almost

[@FatPandaCat-im9ec]

This was easy to predict. It's taken nearly 30 years for guitarists to begrudgingly accept digital modelling and that actually works. A incorporeal magic token had no chance.

[@richardharrold9736]

I mean, digital modelling doesn't work, amp sims suck, Kempers sound like shit, and blockchain crypto/NFT stuff is a giant pyramid scheme robbing the gullible.

[@hchoe741]

Not all have fallen to the dark side. Analog 4 life biches

[@styrmugnsell4560]

@@hchoe741 What is a ”biche”?

[@djsusan00]

@@hchoe741 brother do you use audacity for that sweet analogue sound?

[@hchoe741]

@@djsusan00 no disk jockey is a brother of mine

[@bobmartino8073]

I'm a big fan of Steve. NFTs are just a money grab. Can't believe he even offered this. Something tells me his team did this because he is not a money grabber.

[@naegleriafowleri2230]

He is not a money grabber? Lmao his guitars are super expensive even the ones made in indonesia are like $1800

[@MattFromWiiSportsResort]

@@naegleriafowleri2230 he doesnt decide the price of the guitar, that's just done by ibanez

[@johnpearson4899]

You are both right. Kinda.

[@oldnikix]

Steve Vai is not a money grabber. The prices of his concert tickets are a testament to that fact.

[@Ottophil]

@@oldnikix is “money grabber” like a dog whistle for jewish? Ive never seen people being so negative towards people making money

[@TruthAndMoreTruth]

I miss when companies/people actually produced real things. Now everything is reduced to some sort of a scam.

[@12ealDealOfficial]

Western AAA gaming in a nutshell.

[@bob733333]

Gimmie a couple grand and I will make your pristine guitar look like it's been played for 50 years.

[@BecomeTheKnight]

This screams to me that most of the guitar-oriented world has little to no understanding of what NFTs are lol. They want to seem relevant and hip so they take a chance on a new business idea, not having the knowledge to do a proper risk analysis. I was a little disappointed when I saw Vai do the NFT thing, though I never thought it was malicious. Just a boomer move...

[@aw2584]

Yeah because guitar world and guitarists are famous for their open minds, and how quickly they embrace new technologies

[@castleanthrax1833]

If "boomer" refers to "baby boomer", I don't think it's appropriate here. They're less likely to be involved in tech crap like this. Just my take but I could be wrong. I'm sure someone will correct me if I am.

[@GlennJimenez]

@@aw2584 more true than you think, have you even seen the new guitars these days? A far cry from my les paul

[@GlennJimenez]

@@castleanthrax1833 it does

[@FatPandaCat-im9ec]

I don’t think the ignorance is just with the guitar community. Social media marketing is such a huge business now that there are teams of people across multiple industries scouring the internet for the latest fad to jump on. There’s very little oversight now , I can imagine 20 years ago someone in Steve’s team would have had to veto this , but social media is still seen as a dark art in marketing terms so they probably agreed as you said : with little to no understanding.

[@Jmilillo]

I never understood the point of an NFT. It’s just a picture of something really

[@BluesB0x]

it's not even the picture in most cases, but a link to the image hosted elsewhere that could be taken down in the future.

[@dub5508]

* clears throat * Well actually-

[@oysteivi]

I believe the main point was to manufacture a use case for ETH.

[@dabanjo]

The point of nfts are to sucker someone into buying them. If you sell an nft = great business move! If you buy an nft = LOL DUMBASS.

[@zynosgd9982]

Do you think famous paintings are worth hundreds if millions? Do you think Jimi Hendrix's guitar was worth millions? Nope. We have people that are too rich to know what to do with their money so they inflate their ego by inflating the prices on things that shouldn't have any, at all.

[@PBoyle]

Great video! I'm amused to see how much the tide has turned against NFT's. Sony recently released "digital collectables" associated with Playstation games and went to great lengths to explain that they are not NFT's, you can't trade them, and they don't use blockchain technology.

[@cdurand510]

Okay, this bizarre. I have been a subscriber to KDH and Patrick Boyle for a while. Now, Patrick Boyle, the finance professor, posts on KDH's guitar channel. Other than both are Irishmen, ... how does this happen? (Stares outside to see if planet killing meteor is about to crash.)

[@robbirose7032]

@@cdurand510 it's literally just the Irish thing.

[@TheBanana93]

@@cdurand510 The population is quite small

[@George_K.]

Is this a glitch in the matrix?! You're the last person I'd expect to see watching KDH, but I'm so glad to know you do, because this channel is awesome. Cheers!

[@hoonaignachowaneha]

I'll be glad when this NFT bullshit is over. I only own one NFT. It is the I OWN AMC NFT. I collected it the same day I sold all my shares lol. Btw love your channel KDH! Found you a couple months ago and binged all your content!

[@ReprobateMind]

It already is haha

[@arvetemecha]

@@ReprobateMind I wish you were right. Recently at some parisian "Tech Event" among numerous "Internet of Things" bullshits, a startup was trying to sell NFTs on "connected Bonsaïs".

[@ReprobateMind]

@@arvetemecha yeah if you look at all the numbers it never ever starter TBF, more people own and use digital assets in that decade or two old game second Life in 2021 that bought NFTs ever it was always a vocal minority, lots of the projects still are trying to start and failing but attendance at these places and people buying NFTs is a select small group of the Cryptobro community and most of them won't even touch NFTs, unless someone comes up with something useful to regular people they're dead

[@geezberry8889]

NFT's will end up being nothing more than a punchline.

[@ReprobateMind]

Wow me and Steve Vai have at least 1 thing in common, nobody buys my shit either. I must be a great guitar player!!

[@GlennJimenez]

Fucking hilarious Yeah my music isnt on the radio either lol

[@Tommybouy666]

@@GlennJimenez well have you even gone to your radio relay station to sign up to play for a song?

[@GlennJimenez]

@@Tommybouy666 No. Has it worked out for you?

[@CyberdriveAutomotive]

As a 3d artist friends have asked me why I haven't created NFT's, to which I usually respond with "because I'm not a conman". NFT does have actual legitimate use, but to buy and sell jpgs? Nah, that's a giant waste.

[@NintenDub]

It's more than that. You can build yourself as an artist with nfts having a bunch of stipulations on those nfts. You can be a conman...but you can be a legit business man. I could buy an nft from you that gives me a percentage on something you do.and if I sell it, you get a percentage everytime it's sold. It's a utility. You could build your own studio off of nfts.

[@juli7xxxxx]

@@NintenDub Too bad that 99.999999% of them are just scams

[@cutez0r]

@@NintenDub percentage from an easily copied digital image? sounds like a scam to me.

[@richardharrold9736]

@@NintenDub there is nothing remotely legit about NFTs. Nothing. They have zero relevance or value in the real world - just like cryptocurrencies. Fool's gold.

[@Traumglanz]

"NFT does have actual legitimate use", such as?

[@moisttowelette5353]

I want to go back in time before nfts and crypto were a thing. This shit and crypto bros are so annoying.

[@cherrypopscile3385]

I've known about nfts for a year now. You are the first person to give an actual practical use for this technology

[@Mr.Batsu12]

What's sad is even thought he explains NFT extremely well (It's a technology), I see comments from people on this very video saying stupid things like "NFTs are a money grab". UGH.

[@MybeautifulandamazingPrincess]

@@Mr.Batsu12 They're right, NFTs are used as scams. Crypto gambling sht

[@Mr.Batsu12]

@@MybeautifulandamazingPrincess Saying NFTs are horrible because people use them for horrible things is like in the 80s saying the music CD is horrible because bad music was put onto CD. Or that Bluray is bad because bad movies are put on Bluray discs. The technology of NFTs are amazing but most people just know of the crap they are used for. If you think "NFTs are scams" then you are just showing how ignorant you are.

[@MybeautifulandamazingPrincess]

@@Mr.Batsu12 Well I said they're being used that way, not that they're that way in its essence. NFTs are being used for crypto scams, ponzi schemes and rug pulls. Just the fact that crypto is still the wild west and can't be regulated against frauds and scams currently, it's a given. That undoubtedly has damaged the idea of NFTs in many people's eyes

[@Mr.Batsu12]

@@MybeautifulandamazingPrincess Oh, my bad. I thought you were agreeing with people who don't know what an NFT was but just associate them with scams. Yes, it's a shame NFTs are primarily being used this way. It's put a big stain on a useful technology.

[@tommyibanez3958]

The JEM you showed is the Premium line. Ibanez somewhat recently discontinued the Japan JEM and they now sell for around $2500-3000

[@kcapkcans]

you did get more views than Steve Vai's NFT listing in ten minutes

[@KDH]

Called it

[@kodykindhart5644]

A shame cause I don’t even know kdh music only his KZbin channel Support music and artists Isn’t that y y’all here Oh wait…. 🤣🤣🤣

[@kcapkcans]

@@kodykindhart5644 no

[@chickenpasta7359]

I'm so glad this channel exists to call out shitty practices

[@kodykindhart5644]

What’s shitty The record labels and biz ppl

[@kodykindhart5644]

Good luck getting your band signed Maybe if you could sell you nft collection to fund your band you wouldn’t need them

[@bmjames]

Steve Vai looks like he sells crystals, incense and tarot cards. Not NFTs

[@napesdrk1174]

Steve is one of my favorites, I would get the PIA and never a NFT

[@Traumglanz]

Getting the PIA really is a nobrainer, but I am sure they can add a unique NFT to each PIA for free. And I still would not want that stupid NFT. ;-)

[@naegleriafowleri2230]

So you would plays someones elses wife? Lmao

[@k5elevencinc0]

Definitely! Gimmie the Green PIA!

[@MaestroJericho]

Doesn't he have a stake in the entire RG shape since it started off as a "cheaper JEM" in the first place? Zero reason why an NFT is necessary. Even a limited edition Funko Pop or $80 Vai mini statue/figure would be cooler

[@napesdrk1174]

@@naegleriafowleri2230 his wife's name is Pia, I just discovered that a few days ago.

[@RSchmidt720]

One Vai project that never came to fruition was the whole "Real Illusions" story; that album is Part 1 and there were supposed to be multiple albums. If you partook in the EVO Experience on that tour, Steve gathered all of the participants in front of a camera and had everyone say a single word. At the show I attended, Columbus OH, the word was, 'We.' The idea was to compile all of the words said by all of the EVO Experience attendees throughout the tour and that would be a verse or something to a song that was to be the finale of the whole Real Illusions story. That never came to be as that was back in '05. Cool idea, shame it never materialized...yet at least.

[@jonwanrocks]

i was VERY stoked on Real Illusions. that album didn't leave my cd changer for like 2 yrs straight. i remember hearing about the EVO 'word'(s) and it made me REALLY need the follow up. instead. SEVEN YRS LATER. we got 'The Story of Light'. which is rad too but "Real Illusions: Reflections" i can STILL put on and run it front to back without skipping a song.

[@naegleriafowleri2230]

Because those evo experience are too expensive lol

[@oldnikix]

Cool story.

[@trident1314]

I remember this, the gig I was at the word was here.

[@castleanthrax1833]

I can imagine that everyone with OCD tendencies (like Sheldon in TBBT) must be squirming like hell, unable to complete the sequence of words they were

[@Illuminationsfromtheattic]

I personally don't even care about meaningful NFT utility. At best the benefits are marginal.

[@The_Horse-leafs_Cabbage]

I want to call NFTs a fad, but they've become something more... Insidious than that. On paper, they seem perfect for artists to monetize their artwork instead of relying on institutions that could screw them over. In practice, they come in three brands of shit: Poorly designed, auto-generated art made by a soulless brand that doesn't have any interest in artistic integrity (Bored Apes in a nutshell). Quick cash grab fads by celebrities wanting to make a quick buck. Or the epitome of the diseased micro transaction mentality seen in the gaming industry.

[@TheBanana93]

Just another result of capitalism. Yes its an old argument No I am not a communist

[@Scott__C]

Yeah, direct to consumer shadiness instead of middleman shadiness.

[@pablohanc]

One of my mates explained NFTs to me a year ago and how people were making money from them (I'd literally not heard of them previously). It confirmed for me that some people will buy anything. Except guitar nfts it would seem.

[@rockhead69]

Unbelievable what these people will do to squeeze a buck out you. No shame...

[@fongy200]

Trogly has some knowledge pertaining to Norlin era Les Pauls. He's pretty knowledgable in general when it comes to Gibson's but the bulk of his knowledge is on Les Pauls from the 70's through to present day. Their are folk who are far more knowledgable but Austin knows his stuff. It's just a shame he's become less humble as times gone by. It's great to see someone do well but this guy won't answer questions in his comments on youtube but will if you pay him via his website. It's a shame these chips develop as time goes by and channels grow.

[@zaccds]

I like his channel and what he does, but yeah sometimes it feels like he forgets who his core audience is. When he says stuff like "Gibson should've charged more" and "It's *only* 6k".

[@WREDog]

I think everyone was saving up for those sweet Gamestop NFTs.

[@Ibaneddie76]

Don't come down on Steve this was most likely in Steve's contract with Ibanez as a part of the release of the Hydra. I've met Steve several times he doesn't come across as someone trying to rip his fans off, he probably doesn't care about the NFT either.

[@Scott__C]

No, I'll come down on Steve for this. He's at a level in his career that he sets terms of contracts, he doesn't get bulldozed by corporate lawyers. Ibanez isn't pushing contract terms on him without his consent. At the end of the day, Steve is in charge of his business. Same with Bonamassa and all the tat he sells.

[@neal9812]

I guess the guitar community still have some sense to understand that NFT's were created for people who don't know what to do with the extra money they have. For us, that extra $$ is obviously going to guitars🎸

[@MattFromWiiSportsResort]

As a Vai fanboy, I think this was done by his team to get in on every new trend for the hydra guitar rather than steve having a huge passion for fucking jpegs. This was most likely done by his media team, the only reason I knew about this was because of one insta story i saw so they didnt put a lot of effort into the marketing either.

[@kodykindhart5644]

You can release songs and music videos as nft Content Are you an idiot??? Y speak of things you know little of like you are a goddamn genius

[@kodykindhart5644]

Oh wait you said you’re a vainfanboi carry on

[@mark6302]

that guitar is the ugliest thing I have ever seen in my life it looks like the wall of an Applebee's

[@AkosKovacs.Author.Musician]

Oh, shit remember when NFTs were a thing? It's been a while ain't it?

[@gitarmats]

It might not be a vaiable business strategy for him after all.

[@danielpirone8028]

Thank you for your continued coverage of the nonsense in the gear world …

[@Crovax]

There's absolutely no way Steve knew what he was signing on the NFT things. He's such a lovable goof that if he knew what nft actually are being used for, he wouldn't sign.

[@luckylicks3497]

Steve is a computer geek

[@ashleyjohansson230]

All he knew was it was going to "make tons of money" and he signed on it. Hes no better.

[@metallsnubben]

The "legitimate uses" have no extra utility beyond a secure encrypted password in the first place though, it's quite literally just designed for market speculation (read: ponzi schemes) and drawing orders of magnitude more electricity. The only reason you'd want your password (or other like, "identifying code") to be stored on a blockchain instead of some centralized server is when you don't trust the provider of said server... which presumably you do if you're buying a guitar from them. And on the blockchain you're instead trusting every single little finger in the pie to not straight up steal or delete your stuff as it gets passed along

[@ChrisHopkinsBass]

Fender just discovered second life 😂

[@manmadeaids]

The strat o verse. No wonder kids like rap music. How lame is that?

[@wingedrhinotv]

I think there's a lot of applications of digital signatures and storing data on a blockchain for the music industry. You can QR code parts and make it easy to verify their authenticities and trace their origin. Using a merkle tree, you can effectively print verifiable genuineness labels on an entire production lot of guitar strings for a fraction of a cent. But yeah, selling a receipt for nothing for thousands of dollars is kinda dumb.

[@worldsheaviestjamband93]

“because it banged in thumbnails”. Amazingly you’ve cracked the code.

[@plankcaller]

steve is 62 years old i don't think he particularly cares about nfts, it was probably his manager's idea or one of his children's idea.

[@iamjakt]

Man, I love how you take shots at people. It's refreshing to see a channel that isn't afraid to throw shade at musicians that people generally respect. People are too nice in this day and age. We need more hate in this world. Keep up the great work!

[@tommylakindasorta3068]

It's not hate for the grifter. It's love for the consumer.

[@pkdude5334]

can't tell if this is sarcasm or not

[@iamjakt]

@@pkdude5334 its massively sarcasm.

[@JulesFox]

Having NFTs as a guarantee of authenticity is a great idea. Good one.

[@RedDed228]

KDH was right, sitting at 17 minutes since posting and there is 580 views on the video already.

[@whocareswins1]

Now Vai is getting the KDH treatment… no one is safe! 😂

[@klauswigsmith]

NFTs have to be one of the stupidest ideas/concepts I've ever heard of in my 52 years on this planet.

[@DoubleDguitar]

Still waiting to complete my box set…🙁

[@scottbogfoot]

Hey KDH , is it true that all modern Gibsons have a RFID tag under the fretboard? I heard it's for internal use and it's somewhere under the 1st to the 3rd fret of the guitars. 😃Cheers

[@shred5]

I'm a huge Steve Vai fan, but the world of NFTs is one that I refuse to get involved with. I'm kind of surprised and let down that Steve Vai got involved in the NFT game. I mean I can get behind Gibson including NFTs with their guitars and used in legitimate ways that are not a money grab, but it would be even better if Gibson employees could tell the differences between their own guitars and a cheap Chinese knock off, which speaks wonders towards their actual quality control issue.

[@kodykindhart5644]

Nft can help directly support new and upcoming bands instead of the bullshit industry ran by money and greed Sure there was great music but it was to the benefit of business not artists and music Support bands and artists you live by giving to them directly Nft is how we drop new are to our fans first They buy our stuff there and get perks that come w different ones Some tokens grant you access to things Don’t judge that which you do not fully understand We are in Pdx Spreading love and sharing music Helping bands Throwing free shows All because we sold our nfts and didn’t sign with a label who takes everything

[@Madmetalmaniac42069]

Gibson will start giving a shit again when name recognition alone isn't enough anymore for them... so basically you might as well wait for pigs to fly.

[@Barnabus007]

@@kodykindhart5644 Every industry is about money and greed

[@kodykindhart5644]

Cool go support them then Hopefully your not hating on bands selling nfts to support themselves That’s not greed

[@kodykindhart5644]

I’m not greedy getting paid to write create produce and release music You’d rather bands be left to the industry at large rather than being able to support themselves thru things like nft releases We also partnered with lots of amazing artists to help promote each other’s work

[@PaulRoseGuitar]

Gonna have to face it. The music "biz" is dead and gone.

[@Steve.Cutler]

NFT's were created to separate the fools from their money.

[@donttalktome4696]

NFT = Not F****ng Tangible

[@sbesbesbe]

Great video, but the technology behind NFTs doesn't have uses. Do a KZbin search for "The Trouble with NFTs." An immutable ledger that requires you to burn the equivalent of 10 gas stations to add an entry has a catastrophic design flaw.

[@KDH]

That’s a good point, especially for something on the Etherium blockchain. Eth in general really isn’t great, gas fees etc. However there are alternatives that have significantly less environmental impact which could make the tech make sense.

[@richardharrold9736]

@@KDH there is literally no application for blockchain tech. It's a completely useless pyramid scheme. Go and watch munecat's video about crypto.

[@NintenDub]

@@richardharrold9736 in it's current form yea, but just like every evolution,it'll be ironed out and will seem so easy..making now look so ridiculous.

[@manmadeaids]

It’s like every tuber critical of nft’s always has a comment about the usefulness of the block chain tech so crypto dorks don’t lynch them in the comments. They come off as npc’s too me.

[@YaYousef5]

High GAS fees isn't a design flaw because it wasn't part of the original design of NFTs. High GAS fees are happening because of the current environment of cryptocurrencies. These can and will be fixed with time.

[@Matt-mk8ph]

I LOVE your channel. Ever since the Rob Chapman video I keep coming back. Great content and much thanks from across the pond!

[@poasful]

Hearing people referencing Trogly always makes me giggle. Hahahah ❤️

[@loki-thegodofmischief3288]

I met Vai during a signing. I asked him for an autograph, he told me to give him $1000 & he'd go one better. So I gave him $1000 & he gestured for his security to lead me into a room. Steve walked in wearing a bathrobe & told me to lay down. He crouched over my face & said, "imma make you taste what my dinner smells like" & then he farted down my throat. He was right, I could taste the smell. In fact as I speak I can still taste it & if you're reading this far you've got too much time on your hands

[@MFKR696]

Clearly, I've got too much time on my hands lol. I knew it was nonsense, yet for some reason, couldn't stop reading it.

[@loki-thegodofmischief3288]

@@MFKR696 I have video evidence of the entire ordeal kzbin.info/www/bejne/pKCXl6V7eLF8mbM

[@lanatrzczka]

Paul Stanley did the exact same thing to me. I guess they must compare notes or something?

[@loki-thegodofmischief3288]

@@lanatrzczka ohhh how I lay there, starry-eyed as he lowered his derrière. His puckered hole throbbing like an irate temporal vein. "Open" he whispered in a commanding tone, "open...". So I parted my lips & received his intangible treat. Why, the stench... by god t'was so foul it set my throat aflame!

[@loki-thegodofmischief3288]

@@lanatrzczka it's delightful, isn't it? to drink the ass of one's idol. His flatulence coursing down one's throat, oh! The inside of him adjoining with the inside of you. Yes, YES! Behold! For I have been marked! Vai'd, if you will! I carry his stink & if I were to sit on your face & make you taste the smell of my dinner you too would carry it as well!

[@Golem29]

Jordan Rudess was shilling them too. Haven't heard anything from him on that front for about 6 months now

[@LucasLeCompteMusic]

Guess no one wanted to "Buy Vai"

[@heavymetal9330]

I just want to know why Steve want us to pay money for nothing. We made him rich by buying his LP's, Cd's and Ticket's. Some even bought his guitars ... So this is my question for Steve Vai : Why don't you have any respect for us?

[@johnberger55]

NFTs are just a money grab

[@burttheburger]

I don’t even know what an NFT is, sounds like a sports thing or something

[@deangordon2215]

Copied from a response elsewhere. Shortened to hell. NFT means Non-Fungible Token. Basically, and this will be an oversimplification, it is a digital way to determine a "true" object. Okay so, you and your friend may own the same book, but those copies of that book are themselves a unique thing. If you crease a page your friend's copy doesn't magically also crease. Likewise if you both never touch either book and they remain pristine, they are still two unique physical things in the world. This is what NFTs try to do in the online space, but it has problems. Lots of problems, and those problems both get worse and become harder to understand because of the language used around them. If you have a spare 2 and half hours, here's a scathing thing a guy made - kzbin.info/www/bejne/j4LCqYqsjZahb8k

[@daw162]

steve is one person I'd give a buy on something like this until or unless it's a pattern. Knowing what he does and how he operates, it's not even unlikely that he'd be using NFTs to get funding to promote artists that don't get enough exposure. Other possibility is people who make comments "you know, you should do an NFT - I'd bid on it". That - not related to NFTs only, but requesting anything, is usually followed by disappearance. Just like people who say "you put a group buy together for this, I'm in dude. Count me in on 3 of them" A couple of months later: "yeah, I changed my mind, can you give me my deposit back?"

[@thegreenembers]

Stratoverse😂😂😂😂😂😂😂

[@marvintimke3978]

2:47 Yeah about that, he wasn't the expert at that time, that he is now.

[@johnberger55]

"it cant be faked" famous last words

[@JakubDiegoTokaj]

This NFT looks ridiculous. I can't understand how someone would buy a gif, a video or some other random virtual... thing for such a huge pile of money. And what's even more absurd is that Vai's NFT was quite cheap compared to some other things I've seen. LOL... Humanity, quo vadis?

[@montikore]

What's up KDH! Loved the breakdown of Steve Vai's NFT "Project". Keep up the good work. 🤘🤘

[@cortarelva]

NFTS!!!! Guitarrists are like the most tech adverse creatures in the world!!! NFTS!!!!!! PFFFFTTTT!!!!!

[@SeagoGuitarist]

I'm still confused by NFTs. They have less perceivable value to me than Septims do in Skyrim. I loot in Elder Scrolls like a hoarding little madman. I have zero inclination to ever get an NFT. I just don't get it. 😂 What's the point? 👀

[@kemalardaayar]

Well finally something i cal sue gibson for :D i created guitar nfts before they even know about them. It's the Ethernal Guitars nfts. Do it gibson i am waiting! :P Jokes aside there is no way to sue anyone for nfts... Also i think Steve didn't need the money from nfts. He probably just wanted to start something for guitar players but it failed.

[@AJPMUSIC_OFFICIAL]

What is an NFT? I'm concerned I am too dumb to understand. Is it only useful for physical items? Why would you buy the digital receipt for an ugly ape picture?

[@richardharrold9736]

No, you're too smart to understand. You have to be a moron to think you understand it.

[@deangordon2215]

NFT means Non-Fungible Token. Basically, and this will be an oversimplification, it is a digital way to determine a "true" object. Okay so, you and your friend may own the same book, but those copies of that book are themselves a unique thing. If you crease a page your friend's copy doesn't magically also crease. Likewise if you both never touch either book and they remain pristine, they are still two unique physical things in the world. This is what NFTs try to do in the online space, but it has problems. Lots of problems, and those problems both get worse and become harder to understand because of the language used around them. Tech-bros and people who have bought into scams tend to talk confidently in wrong terms - both deliberately and misguidedly. For example, the ugly ape picture is not the NFT - an NFT is the result of a load of computers doing a load of calculations and that result is added to an immutable ledger. That is the NFT. For simplicity's and imagery's sake, think of a hotel guest book, but it's infinitely big and everyone writes in permanent ink. The entry in the guest book is a little string of code. "It's a box that you put a micro-program into" The most common use, or most well known use, of this program-box is for a hyperlink to an image. This is why people tend to wrongly talk about images as if they are the actual NFT. The reality is that those images are hosted on some server somewhere - some more secure than others, granted - and if the server goes down then their NFT in their crypto-wallet will simply read 404 error, if an image even appears at all. There ARE cases where NFTs have their uses - financial asset management where infallibility and easy-auditing are priority, for example - but for the most part the whole crypto-NFT space has become an insular pit of the scammers and the scammed. If you have a spare 2 and half hours, here's a scathing thing a guy made - kzbin.info/www/bejne/j4LCqYqsjZahb8k

[@AJPMUSIC_OFFICIAL]

@@deangordon2215 I really appreciate you trying to explain this to me. Thanks for putting the time in.

[@deangordon2215]

@@AJPMUSIC_OFFICIAL Not a problem :)

[@dbspecials1200]

A more realistic example of a NFT would be a tokenized real estate deed, or other smart contract related product. the artworks and that candyland stuff are a long-shot. blockchain is much more serious business than a NFT, you either learn it properly or best to stay away and avoid risk you can't manage. but I didn't know til I tried 4 yrs ago, and I own no NFT's. it's all ISO 20022 compliant digital currencies, that's where it's at. those are the new keys to the kingdom. wait around for mainstream to fill you in on those. ;-)

[@braveguide]

Why not just send out an NFT with every guitar someone buys, but there is a chance that it send a rare one, or something. The company would make more money, and probably get more people into guitar, if you look past the people buying them to just make a quick buck.

[@marsupial3ew]

Thanks for this video - I got a great laugh! It’s hilarious to see these ancient (by 2022 standards) entities (Vai, Fender, Gibson) attempt to profit from whatever trend their modern social media advertising consultants pitch to them. I will bet dollars to donuts that the only people who made money on any of these NFTs were the trendmaker / social media firm that pitched the idea to the oldies. They are laughing all the way to the bank. 🤣

[@coolnegative]

Soooooooo........if I bought this, I have a digital receipt for the video..........if I own the video, does that mean I can download it and upload it wherever I want and monetize it? In other words does it give me the copyright?

[@kamaboko1]

Some people who made bank. Look up the following: The Merge for $91.8M, The First 5000 Days $69.3M, and the Clock $52.7M to name a few. Still, NFT's are a scam.

[@SixString_J5]

It's a case of a celerity not knowing their fan base. Vai's fan base is almost entirely guitar players, mostly from the 80's, who spend all of their disposable income on guitar gear. I'd be surprised if any of his fans own any NFT's

[@kitten-whisperer]

As someone who is far from a Vai fan as well as not a fan of stupid ass nft's, I'm glad this didn't work out. Maybe he should just stick with his bluesy rock licks and stay there.

[@Sevetamryn]

The guitar related NFT example is wrong as the NFT (digital object) is in no way related to the guitar (physical object). And as history shows, a NFT can be stolen. Will this then make the real unique guitar a "fake" and the Fake in the hands of the NFT holder the real object? ... Maybe there will be, in the future, useful cases for NFT ... but probably not in conjunction with real, physical objects.

[@lauscho]

Eh, it doesn't bother me that much that he's offered one. Like you said, they *can* be sort of useful for certain things and while this isn't one of them, it does seem like the kind of thing I can imagine Vai saying "hey there's this new NFT thing going around, I have no idea about them but that seems like a cool way to look sleek and modern I guess!" and his team was probably responsible for the rest. But Vai seems like the kind of old-guard rock artists to just be modern and "with the times" enough to even consider an NFT. That said, I'll probably never buy one like this. I'll wait until they're more "useful" in the ways described in the video.

[@TheNewRevolution]

The reason an NFT does well or doesn't work depends on the target customer. The average consumer views NFTs as something that is worthless or a scam. The reason some NFTs do well is because someone is a super fan of the person selling it, they have a lot of disposable income, they are dumb enough to buy it, thinking it's art. Or thinking it's an investment that will increase in value. The overwhelming majority of consumers see this NFT garbage for what it is: a scam or a way for a public figure to take advantage of their fans. My guess is this NFT thing(the JPeGs people are calling art to scam fools) will be over soon. NFTs should not be used this way. NFTs should be free and come with the purchase of an actual commodity. If someone asks you to pay for an NFT, tell them to go to hell. In most cases an NFT has no value. Of course anything has value if you can convince someone to give you money for it. Don't be a sucker.

[@Tom-us9yb]

Total BS by Vai , life isn't complicated enough. Guitarists in the begining had nothing but pick ups and strings , now a they have 50 pedal effects boards. Total BS. That's why I like the acoustic , one man one guitar and you get a great show . Neil Young , Bob Dylan ..... Less is more.

[@71771PAULTHEWALLOFSOUND]

Unfortunately NFT can and are used by scammers, they will make Web site and even make fake receipts, also when you buy an NFT you're not owning the copyright, even though an NFT can't be legally copied. Also if your concern is about "saving the planets resources" then bear in mind NFT are sold on the "energy intensive protocol" thus a one transaction requires as much electricity for an average home for a day and a half. You may also need to own "Ether" with most NFTs sales occurring on the Ethereum platform owning the blockchains native currency Ether (ETH) is often necessary to purchase a NFT so investors using the US Dollar may have limited options.

[@TriplicateTrey]

I checked, still subbed but I did turn notifications on. I hope you get everything you ask the universe for mr. KDH

[@2DclanSnipingTeam]

Good catch. I was somehow unsubscribed literally 10 minutes after subscribing.

[@TheMasonator777]

It’s called free choice. Don’t want to buy an NFT… don’t. People didn’t. Fantastic. That’s how it’s supposed to work. Steve Vai is a great ambassador for guitar players. He’s also not a hypocrite. He’s never claimed to be a socialist. He’s a free-market entrepreneur and creator. It’s essentially an older guy misunderstanding a new trend, and having a bit of a flop on his hands. So what?

[@carlosjuarez3536]

He should have at least included the real Hydra guitar with the NFT. Joe Bonamassa included one of his bursts if you bought his NFT.

[@kkdeveauxgue2784]

Ha Ha Ha..Steve Vai is a very innovative person,he's just very creative.NFT lol🤣🤣🤣🤣 Whatever,Steve's still in there,I'd put it on my wall..🤔

[@QuikdethDeviantart]

To be fair, Horizon Worlds is pretty popular on VR platforms like Meta (Oculus) and the graphics are janky because it’s VR in what is basically a cell phone chip… so not Fenders fault really for how it looks…

[@dvrapant]

There’s nothing wrong with NFTs. Steve probably doesn’t really know much about them. If he did he would have realized that crypto is in a Bear market right now, and people aren’t profit drunk like they were 7 months ago spending etherium on stuff like this. I have a feeling he didn’t research his fan base very well because there’s no f-In way I would spend that much on an NFT. Period. He could have sold multiple NFTs for money that isn’t ridiculous and probably would have done well.

[@bnnuybinch4561]

The "stratoverse" really only looks that shitty because they made it in Horizon Worlds, the awful VR chat clone that Meta (facebook) made. Everything in horizon worlds looks like that pretty much

[@garethmccash5986]

Why does it look like……..shit? 😂😂😂😂 that was brilliant Love your content kdh. Have really enjoyed the stuff you’ve dug up

[@shoominati23]

I wonder how much of the proceeds from the Vaibrant guitars (Which are like the old ESP pickguard guitars that look like a floating strat pickguard and a neck but with his JEM style fluro paintjobs) I know he wouldnt allow use of the name for nothing..

[@bradhouse4754]

What's worse, a popular brand (Steve) exploring new fads, or name-dropping to drive traffic to a brand-new KZbin page?

[@BubbaBowie]

Here's a weird one, the band GWAR has NFTs. In fact, they're on their 3rd set...

[@johnbraucher1499]

Nft is BS. If anyone spends their money on them I have some photos you can buy also. Asking one hundred MEEEELLLION dollars.

[@ss_avsmt]

Didn't subscribe, still not subscribed. Still watch all your videos. Sorry, but now you're famous😂😂😂

[@patrickhhogan]

Wow . I own 2 jems and 2 uv7s , Ive been a Via Fan since I was 13 (I'm 46 now). Not anymore what a greedy prick. what a shame. apparently greed is more important than integrity to him now. Ill never buy another thing with is name on it again. What an asshole.

[@soundknight]

"is this what happens to a company when John Mayer stops playing your guitars?" Ouch that got to burn...

[@allyourbasearebelongtous2191]

Why would a community that thinks the Tube Screamer is uncopyable technology and that argue about century old amplification tech (tubes) like the middle east does about who owns Jerusalem, be into NFTs? Lol

[@deandoeslife]

Just wanted to touch on that Fender video, it looks almost exactly like the graphics in Decentraland, which is a metaverse token where you can buy and sell digital land. So maybe Fender used that to build the “stratoverse” or whatever it’s called. Just speculating though. I don’t see a future for NFTs in music as the concept isn’t clear for a lot of people.

[@Baz97__]

Personally, I think they could've done with the money for the tour they were going on. Definitely his team.