The NFT Report

[@Alfred_English]

it's never too late to mint this video

[@jnnx]

It’s never too late to mint YO MOMMA

[@ceohannahbannanah1238]

This is the most comprehensive and brilliantly insightful resource on the subject of NFTs I've seen - not only that but cryptocurrency too. You really digged up all the history here to make your point and I really appreciate that effort because this was a really fucking good video

[@someonetookmynick]

it's actually pretty misinformed in many parts. for such a long video it seems like he made very little research for it and leaned mostly on his art history and critique expertise to make some wildly wrong claims

[@montycime]

@@someonetookmynick interesting how literally everyone saying this has provided zero (0) evidence to back up their claims

[@freed2572]

lol this sounds like AI writing

[@jnnx]

“Dug up”

[@jnnx]

@@someonetookmynick wanna call out exactly what he got wrong? (Crickets). That’s what I thought.

[@jehovahsfitness]

If any report needed to be free and publicly shared it was this one, thank you so much for this Brad

[@Design.Theory]

Excellent video. Your understanding of the art market provides so much valuable context to this whole NFT phenomenon

[@kevinheckart]

As a post internet artist who feels scammed because he spent 200 bucks to list an NFT on Foundation this video was a very "ya don't saaay" moment.

[@mythnow]

Why not mint of Opeansea? A one time fee and you can mint as many as you want +buyer takes on gas cost for purchase.

[@postman5759]

yyyyyep. glad i made it back in tezos on Hic Et Nunc

[@kevinheckart]

@@mythnow because foundation.

[@Carrionlust]

Check out the big brains on Brad!!

[@crentao]

You should get a Pulitzer for this. Thanks Brad

[@toad3877]

thank you for this energy. much anticipated report

[@osohista]

I watched this after Dan Olson's latest video epic. Nice to see some more insight specifically from the perspective of the art world. very poggers.

[@DeKillerJoke]

Lol, not one person or institution was spared in this roast

[@RealMarkFacebook]

Incredible video Brad! also- the song at the end is Breathe2 (In/Out) - Fax Gang

[@laynurz]

Chapter 4: most banging video outro of all time

[@retroweab]

amazing. thank you brad your work is criminally unknown but means a lot to those in the know

[@eternalv10killa]

IVE BEEN MISSING THE HISTORY CHANNEL AND TALKING HEADS TALKING ABOUT TOPICS. THANK YOU BRAD, YOU ARE A FUCKING G.

[@junkyvale]

"My tale is not of the spider. No, think wider. It was the silk worm. At the end of the railroad I pulled strings firm; unaware someone more cunning pulled mine upstairs."

[@parkertozier]

you are brilliant! cant wait for you to be president of the earth

[@jonathanbrostar]

the people who need to see this most never will lol

[@SearchingForSounds]

I felt like Steve Carell at the casino learning about the synthetic CDOs. Humans have got too good at this market manipulation bullshit. This is from someone who's making 3D toys of NFT collectibles. I'm going to back away slowly. But I do like the utility of proof of ownership - NFT tickets, crowdfunding for creatives w/ rewards.

[@Hyphaen]

Yeah I mean it’s cool you can have proof of ownership but like to do that it has to be so intentionally energy inefficient is it even worth it in the greater scheme of things at the end of the day. Seems to me better to address why we need the whole resale/financial market in the first place

[@Pablog91]

Amazing video and the best ending ever seen in youtube!!

[@chuepxlxcxxs2477]

Thanks a lot, Brad. You are appreciated

[@flasharn666]

The only word that I can say is an enormous thanks! Brilliant and useful. Marazzi ❤

[@twanjon9614]

outro track goes

[@maxbulla843]

One of the best experiences in this topic so far - would definitely invest in an nft of you

[@EepyGreens]

Brad just needs to become a regular KZbinr at this point.

[@maxgrollins]

Love it. Also playback the ending at 1/4 speed

[@dreko1971]

Jerry Saltz NFT FTW!

[@Ethan-uq2gw]

Brad, you're the man.

[@evanfmc]

incredible breakdown

[@halo1579]

Where the Walter Benjamin NFT’s at

[@puerquitoDeSatanas]

This was so precise that it hurts

[@ericpriestley]

Valuable insights, here - thanks for taking the time, mang 👍

[@afterxander]

smilin the whole time like u got a big secret :" )

[@waltmudie507]

Thank you for this! Feeling a lot more informed and capable of holding my own against crypto bros in conversation

[@luvmygf4202]

great stuff whats the song at the end lol

[@be555a]

fax gang - breathe2 (in/out)

[@DannyHouk]

"A fedora-ed few" ☠️

[@francescam3862]

This is so well explained, thank you.

[@alex-jt8yh]

Extremely good video

[@deth_bb3763]

Amazing work as always!

[@zedfirenze]

This is really showing the “art world” has been soulless and robotic for a long time.

[@smegmagician]

I love you Brad

[@zach3360]

Tumblr artists in the early 2010s may have been the pioneers in most of the aesthetics you see on NFTs, idk just a possibility

[@shchef18]

Song at the end ? 🥺🆔

[@be555a]

fax gang - breathe2 (in/out)

[@brainsplosion3000]

You ever check out Non Fungible Panthers?

[@nicholaswilliams8650]

I love you.

[@TheHappyMadman]

Yeah the only way the real value of a crytocurrency to increase is by expanding its network. The more vendors that accept it, the more utility it has and the more it's worth. Sometimes I just look at the increased dollar amount of my bitcoin position and think that most of the nominal value increase is because of the 5 trillion that was created from thin air and added to the U.S. economy in the last two years. At worst, I'm holding on to the same amount of real value and that's better than holding dollars inflating at an alarming rate.

[@kotenshu]

Mint this!

[@arturskalvans]

Sporting to this.

[@prestondouglasboyer]

info for the song at the end? great report.

[@be555a]

fax gang - breathe2 (in/out)

[@thenightsun6628]

edit by nick vyssotsky too i believe?

[@lukechampi]

thank you brad!

[@lukechampi]

FAX GANG FOR LIFE

[@blayasblay3941]

I like it how people talk about the community, it's about the community and building a community n such, which is really really good. BUT, if you build on a shitty foundation, even the good friends whose faces you never saw, will disappear as the monies do.

[@SerenityReceiver]

Well put together. 👍🏽

[@_notch]

Not sure crypto currency was invented by silicon valley.

[@montreal4800]

you are the best!

[@somebody818]

This is amazing

[@jonathanlewis9738]

Very good! The idea of artists being 'used' as evangelists for the Crypto pyramid via NFTs makes a lot of sense. I think you exaggerate the extent to which museum curators are beholden to donors' tastes. Do you have any predictions for what will happen when the pyramid collapses? Seems to me that NFTs will continue in some form or other, maybe on less environmentally damaging platforms, and at lower prices - like baseball cards or stamps?

[@takisdust]

I am dead

[@planetwawa]

Buying a "spot on the blockchain" is a concept that has been here since 2009. It's called buying a bitcoin.

[@jannikroth2682]

spot on analysis!

[@bernardjuric1403]

T Such a beautiful information dense presentation👌🏻

[@lydiakuzak9133]

amazing

[@thepreseason]

did this video age well or not, i cant tell

[@isaaccook]

🖼

[@slingman1074]

hi brad cool video 👍

[@tyreykiirono]

38:51 wth is this artwork on the top right monitor ???

Thanks Brad, great work 👌👌👌

[@namedidii]

i had to buy a prebuilt to get an rtx man! This stuff needs to stop

[@-aexc-]

how is that relevant to the video?

[@namedidii]

@@-aexc- The price of ethereum pushes the aftermarket prices of graphics cards up severely. As long as it's financially feasible to mine crypto on certain power grids, GPUs are basically impossible to find at a reasonable price, and computers built by manufacturers are better deals than buying your own parts. Which was unfathomable before 2017. NFTs use ether; they're a symptom of several of a very bloated crypto market, and their apparent success is a sign that GPUs will still be unreachable

[@-aexc-]

@@namedidii oh yeah, I don't know why I didn't put that together lmao

[@benmarvin3740]

ser wen moon?

[@Floflox]

Woooo

[@jonathanbrostar]

Thanks for making this video public Brad! I can’t wait for KZbin to flag it for cyberbullying people of cryptocurrency

[@NiklasRoy]

Video is top

[@captainstarman8724]

Isn't life just one big pyramid scheme?

[@claytonesinthefog]

honestly most nft meme art feels like a bad understanding of what memes are relevant, misinterpreted as irony or post-meme expression

[@axeliberti3272]

When people know a little about one topic then they feel they can branch out and comment on other topics is irresponsible and stifles innovation…you know my side of the line with my pfp, most NFT’s are speculation on the art side for sure, but so is regular art investing. The future use cases for NFT’s and blockchain, can help free some liberties that are trampled on in some countries.

[@powerpill]

The people saying the part about how crypto is a pyramid scheme is misguided……….. imagine paying to disagree with a video

[@fefevevee]

meow

[@nicosledakis7452]

brad can you be my college professor??

[@verygoodfreelancer]

oh we finally ended nfts. great. maybe we just make this video into memes.

[@kevinsongxin2551]

While I admit that 95% of all discussions about cryptocurrencies are driven by speculation and occupied by people merely looking to get rich quick, there is actually a usecase and real-world applications on the technology and the implentations thereof. The aforementioned problems of PoW Consensus and High Transaction fees are all things to be solved in the next year or two. Of course stuff like DOGEcoin and navelgazing NFT Art sold by the winklevoss twins is trash but the impact of Smart Contracts is gonna be pretty nuts

[@uuuibeubeo]

even ur holy christ vitamin butane himself said that "smart contract" was a poor choice of words and that something boring like "persistent script" would have resulted in much less confusion re: the continued importance of legal contracts. my point being - if smart contracts have such an impact, they will also be beset by a melee of lawsuits.

[@l_lley]

kiss me brad

[@andrewdawson1185]

The only use we have found for cryptocurrency is art? Whut lol

[@may-xt6ph]

it’s frustrating how brilliant the first half of this is compared to the rest

[@markuskoivisto]

The latter part is the important part

[@namedidii]

🔫🔫🔫🔫🔫

[@postman5759]

the NFT criticism from a financial and practical standpoint is very relevant. but i the criticism of the "deviantartist" is REALLY short-sighted and condescending. it makes a lot of assumptions about the motives of artists. it also seems like you're saying the only real artists shelled out $100K+ to go to art school. theres nothing wrong with being a self-taught artist or an outsider artist or hell theres nothing wrong with being a fan artist. and sure theres a lot of shit out there. but we're not all just making doodles of elon musk with a batman mask on.

[@skyeozga4935]

I think the caricatures of what Brad perceives to be commercial/popular NFTs are moreso to support his argument about the art market becoming post-taste and self aggrandizing on the end of the consumers, rather than a criticism of the artists capitalizing on this trend.

[@someonetookmynick]

some points were made, some clearly wrong. also, if you think a couple of guys with 1b in ETH can move the market you're quite wrong lmao. you seem to not take into account Proof of Stake blockchains, which are exponentially more energy-efficient and cheaper to use

[@jwenaposse305]

Very disappointing. I was waiting for some big resolution, but no I guess we have to keep living in the past.

[@redfilterpodcast]

First half on art/collectibles/nerdism is excellent, but latter half is uneducated on the subject of crypto with some huge knowledge gaps

[@GrrrlStyleNow]

What's missing and where should I go to find it?

[@SerenityReceiver]

Tell us more.

[@sebastianpfeifer5947]

while you are right about some things, you‘re somewhat wrong with your conclusions. i find it a bit weird that every anti nft video only picks the most shitty aspects of it, the most shitty art and the most shitty outcome for an artist. for instance most people sell their pieces for more than 100 bucks, and the people that can’t do math and sell their stuff with losses, well, they wouldn’t have been able to make it in the non crypto world either tbh… and a lot of them are actually making quite good money with it. i know a lot of artists that have reached financial independency by now through nfts, i myself have made around 50k last year with nfts alone, and i spend about 1500$ in gas to mint in total. also you say you can‘t do much with the crypto-money… you do know you can just trade it back to regular fiat money, right? so you can also pay your rent with it or buy a house, i didn‘t get your point there tbh. why has the art world to stay the shitty thing it always was? at least now everybody has a chance without having to kiss asses or play dress up and hang out with those horrible people at those horrible events. to me this has been amazing so far, i met a lot of super cool people, artists as well as collectors, i‘ve seen more cool art then ever before, became aware of artists i would have never become aware of otherwise. there is a lot of positive things you can find in nfts, just as much as bad things, but isn‘t that the case with just about anything?

[@MarkLagunez]

why is an nft required to pay an artist? or, to put it another way, why would artists be able to sell nft's but not sell their art directly?

[@sebastianpfeifer5947]

@@MarkLagunez it‘s a pretty direct way if you ask me. would i prefer to get paid 3-7k in euro for a piece directly to my bank account? yes, i would. but no one has ever done that, so i take the opportunity i have to sell art. and before you ask, no, selling prints is not an option, i do animations.

[@sebastianpfeifer5947]

oh, and btw, another false statement in your video: „no artwork ever sells higher than the initial amount“… have you done any research at all? a lot of stuff becomes more valuable as the artist becomes better known… some things even go up 10 or even 100x in value, artists like xcopy can buy houses from secondary sales alone every month… 3 of my pieces have been sold on secondary, for a bit more than the initial buying price, and i got royalties.

[@jwenaposse305]

@@MarkLagunez quite simply because NFTs are the perfect way to sell digital art. Artists working in digital domains are tired of being ripped off by big companies like streaming services such as spotify etc. Try to sell a gif or an mp3 to a real-life gallery space. If you think that those mediums have less intrinsic value than for example paintings then you would be wrong imo. Also with the coming metaverse you can port your NFTs to any platform you like since you own that data. I get the hype around beeples and bored apes being simply pyramid scheme speculative investments, but please don't ruin this awesome, financially-freeing technology for the (currently) 0,001% other artists for which it has the potential to change their lives. Yes today NFTs suck I get it, but the underlying technology has too much potential too simply cancel it instead of embracing and enhancing it imho.

[@MarkLagunez]

@@jwenaposse305 Why does directly selling digital art and earning royalties require NFTs / blockchain? How is it superior to existing technology that is more efficient, fraud-resistant, protects artists' work, and can be used to build platforms that better serve artists and their patrons instead of speculating investors?

[@nishitsadhwani]

The video is good but also misleading when it comes to blockchain and environmental aspects. Everything using compute, the fact that you're using KZbin to upload videos and folks watching videos - All of it is using compute behind the scenes.

[@montycime]

The energy usage of one person's carbon footprint is all-but incomparable to even a single ETH transaction

[@JonathanGiovannacci]

I'm so glad I found you on Instagram

[@igorpustsin]

Brad will be selling his "ART" NFTs in the next 2-5 years. Embarrassing man. I Downloaded this video, will share it when Brad will try to sell his NFTs 😘

[@Zak-xb3pm]

Worst video on KZbin. Well done.