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“Collectors might be confused … you're not auctioning the [320x200] originals”

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37 points by _pius 5 years ago · 9 comments

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domano 5 years ago

"An authorized third party is auctioning an entry on a blockchain for a URL that points to an authorized copy of a scaled up version of a born-digital Warhol image."

I can barely wrap my head around it and i work in software. How do non-tech people understand what the auction is actually about?

  • Grustaf 5 years ago

    They don’t, obviously, that’s the whole purpose.

    If they did they wouldn’t bid on it. Nobody would pay a cent for “the url of a jpg of a painting”.

    • dTal 5 years ago

      You're not paying for the url of a jpg of a painting. Everyone already knows the url.

      You're paying for someone to put an entry in a random database with a public URL next to your name.

  • himinlomax 5 years ago

    Same here. The more I read about NFT, the more stupid it looks. It's asymptotically retarded.

  • duped 5 years ago

    "Money laundering"

ChrisArchitect 5 years ago

Great thread/teardown.

I don't know how it's not detrimental/embarrassing to Christie's reputation and legitimacy to be parading out these claims/this stuff

Grustaf 5 years ago

If I had paid big bucks for non-exclusive access to a public URL of a jpg, the resolution would be the least of my worries.

And not to nitpick, but Amiga 1000 could go up to 640x512i, 320x200 was not the maximum resolution.

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