<story><title>Beeple Mania</title><url>https://www.esquire.com/entertainment/a35500985/who-is-beeple-mike-winkelmann-nft-interview/</url></story><parent_chain></parent_chain><comment><author>qixxiq</author><text>I bought one of his &amp;quot;Into the Ether&amp;quot; NFTs[1] but now I&amp;#x27;m in a fairly interesting position. If I prove ownership of the artwork (via a signed message from the address) then Beeple will send the physical artwork to me &lt;i&gt;but&lt;/i&gt; it&amp;#x27;ll immediately lose a high percentage of its value (currently trading at ~$90,000 from $969 original).&lt;p&gt;Right now it&amp;#x27;s owned&amp;#x2F;stored by the artist and someone buying the piece from me would be able to get it delivered directly from Beeple. That&amp;#x27;s a new level of unboxed where the piece of art is basically unseen at this point in time and can easily be guaranteed original.&lt;p&gt;[1] &lt;a href=&quot;https:&amp;#x2F;&amp;#x2F;niftygateway.com&amp;#x2F;itemdetail&amp;#x2F;primary&amp;#x2F;0xd92e44ac213b9ebda0178e1523cc0ce177b7fa96&amp;#x2F;3&quot; rel=&quot;nofollow&quot;&gt;https:&amp;#x2F;&amp;#x2F;niftygateway.com&amp;#x2F;itemdetail&amp;#x2F;primary&amp;#x2F;0xd92e44ac213b9e...&lt;/a&gt;</text></comment>
<story><title>Beeple Mania</title><url>https://www.esquire.com/entertainment/a35500985/who-is-beeple-mike-winkelmann-nft-interview/</url></story><parent_chain></parent_chain><comment><author>libertine</author><text>Yesterday I was talking with a friend of mine to try to wrap our heads around what&amp;#x27;s happening, and we can&amp;#x27;t help but feel that a lot of this NFT hype is based on FOMO and the craving for having something unique with high perceived value: like, everyone wants a Black Lotus, without having to wait 30 years to find out that there&amp;#x27;s actually people that have also some emotional investment into these items, and are willing to pay some big money to have a piece of that...&lt;p&gt;... yet apparently there are &amp;quot;Black Lotuses&amp;quot; everywhere, because people are making them left and right (not literal black lotus ofc).&lt;p&gt;And we left it here:&lt;p&gt;- are people mistaking something &amp;quot;unique&amp;quot; with something that&amp;#x27;s &amp;quot;rare&amp;quot;?&lt;p&gt;- is money really that much inflated?&lt;p&gt;- is crypto that much inflated?&lt;p&gt;- are these transactions being done among the same &amp;quot;kind of people&amp;quot;, and it will reach a cap eventually with no one to dump these NFTs to?&lt;p&gt;It&amp;#x27;s like people want collectibles but seem to have decided to cut off a big part of what makes a collectible valuable. Everyone want&amp;#x27;s to get rich with the next big rare item, without having to go through years of cultural shifts.&lt;p&gt;For example, some MTG cards&amp;#x2F;sets represent a time and a place for many people, they were part of a culture. The rareness comes from the fact that a lot of these items had limited (some were literally alpha and beta versions of the game), and few endured the weight of time and life.&lt;p&gt;It&amp;#x27;s not because they have a unique id.&lt;p&gt;Cryptopunks represent the early move of the NFT... but is that such a noteworthy valuable thing? Maybe it is.&lt;p&gt;I&amp;#x27;m not saying that Beeple isn&amp;#x27;t a good digital artist, he is. Neither I&amp;#x27;m saying his art isn&amp;#x27;t worth what people paid for, probably it&amp;#x27;s worth it.&lt;p&gt;Yet, some how, can&amp;#x27;t help but feeling that something is off. Or it&amp;#x27;s just me that I&amp;#x27;m just not getting &amp;quot;the thing&amp;quot;?</text></comment>