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Monday May 24, 2021 the future.

It's not going anywhere and it's going to


Matthew Williams be ever more prevalent in everyday life. The time is
now to jump aboard the cryptocurrency train if
Total FUD shilling: why government can't kill you're not already on it. It's an express
crypto outperforming most traditional markets over the
past 20 years. If you're currently on the fence or
FUD is occuring right now in the cryptocurrency seeing the price drop and losing confidence. Stay in
market. Fear, uncertainty, and doubt have been the game because this train is just leaving the
creeping into the marketplace for the past 3 weeks station and its going places.
and the price of bitcoin in particular have fallen
significantly. Fear, uncertainty, and doubt are the 3
biggest stranglers of any marketplace as they have
the effect of introducing buyer hesistation into the
marketplace which can lead to further FUD and the
spread of FUD by FUDsters. The problem for the
FUDsters of crypto, bitcoin in particular is that
there entire argument is founded on the basis that
national governments will not adopt crypto and
blockchain as their primary or even secondary
source of currency. Thereby preventing crypto
from gaining total adoption by the market. But
governments have no control over crypto.
Cryptocurrency is a completely decentralized asset
which means that no central authority, government,
corporation, institution, etc has control over the
cryptocurrency markets. The market belongs to you
the people and you determine its path, the rise and
fall of the various cryptocurrencies and its adoption
by the mainstream marketplace. This has been
proven time and again by Bitcoin, Ethereum, the
Dogecoin craze and other cryptocurrencies. The litemint.com/u/doctoreq
market, cryptocurrencies, blockchain, smart
contracts, etc. are all here and here to stay. They
are only going to gain further adoption as https://www.amazon.com/s?
companies, industries, and institutions look for me=AED4ORBQ0Q3E2&marketplac
more secure, immutable, and decentralized ways of
doing business that only blockchain technology can eID=ATVPDKIKX0DER
offer. The time for FUD in the crypto marketplace
is over. Those days ended around 2008. Since then https://doctor-
cryptocurrencies, blockchain, smart contracts and
the like have made their way into every single equation.myshopify.com/
industry. Particularly those dealing with the
movement and safety of large amounts of money.
As cryptocurrencies continue to advance and the
market continues to adopt these solutions at a
record pace you will see more and more
governments, corporations, and institutions move
to embrace the crypto industry as the solution to
their many and varied security problems. Crypto is
NFT Art and Art https://doctor-
By Parker Emmerson equation.myshopify.com/
What distinguishes good NFT art from bad NFT
art? When we think of successful NFT artists, we
usually think of Beeple, an artist whose collages
pull pop culture imagery together into a myriad of
surrealist sci-fi scenes. The sheer volume of his
portfolio and prolific work is a sure indication that
he loves what he does, but is it good art? Fitting for
a window’s screen saver, Beeple’s art is not much
more than the extension of an adolescent’s art room
collage from political magazines, but his success in
selling it is phenomenal. I’d submit that the real
artwork is the cryptocurrency invention of Bitcoin
itself, the NFT phenomenon’s being an extension
of the original invention. Thus, by this reasoning,
bitcoin is really an NFT, highly undervalued when
considering the limited supply and the fact that it’s
THE original. However, that’s not to say that NFT
art isn’t a real genre of progressive art. It is.
However, some of the most interesting pieces to me
are those that somehow engage the actual
technology in more interesting ways. For instance,
Larva Labs’ crypto-punks was essentially a pop-
culture giveaway that resonated with the
cryptocurrency movement in a very unique,
original and iconic way - something that resonated
with the psyche of humanity’s movement through
this new form of money and combined the nerdy
collectable ideas with real art and science. And
now, Larva Labs has integrated actual algorithms
into their projects, further embedding technology in
the art. To me, this kind of thing is better than
simply collages forming sci-fi scenery. We wonder
why crumby things get celebrated and great things
get hidden, but that’s the art world. You’ll have to
seek them out to find out.

litemint.com/u/doctoreq

https://www.amazon.com/s?
me=AED4ORBQ0Q3E2&marketplac
eID=ATVPDKIKX0DER
To NFT or Not to NFT and traders over prices ranging, in
By ImmaterialElf dollars, from a few to millions.

Welcome to the strange, vague, Where do you go to mint something?


sparkly, topsy-turvy, occasionally You’d have a range of sites to choose
puke-inducing Wild West of NFTs. It’s from depending on the nature of your
the carnival du jour, a playground of product. Some sites are exclusively
visual media saturation meets bling based on invite or applicant
meets the streets acceptance and offer higher-priced,
(everyday computer). sometimes more high-art-resembling
Whether you’re an artist, gamer, NFTs. Other sites are open to
collector, hustler, or the Nike sneaker anyone. Once you choose a site, you
company, non-fungible tokens offer must connect it to a wallet, usually an
you a mode of crypto engagement Ethereum wallet, whether on
that bypasses the quasi-stock trading Coinbase or any number of other
status quo. The NFT world is a more accounts accepted by the site. The
democratic, real-world crypto site will lead you through the steps
framework than the asset collection after that.
and trading that made crypto famous,
the domain of the suit-and-tie (or One consideration you may have is
actually, sun-deprived, hoodie in whether you wish to mint an NFT
basement) stereotypes. based on Ethereum or Litemint. Most
NFTs have been based on Ether,
And “It’s art!” you can retort, next time which has been behind Ethereum’s
you hear: “Cryptocurrency’s value outcompeting Bitcoin in recent
isn’t based on anything. It’s months, surging toward $4,000 as
imaginary.” the NFT-craze generated thousands
of new Ether wallets.
And imaginative!
All this traffic led to congestion and
“It’s art” would be party true. slowness, and that’s where Litemint
Certainly, original fine art in the came in, promising lower fees, higher
traditional sense appears to be part of speeds, and the ability to buy and sell
the picture — also a lot of that with a NFTs at any price increment, however
distinct digitized flavor, including small. Litemint’s catchphrase is: “High
Grimes’ pieces of glowing, digitally blockchain fees are evil, but you don't
perfect cherubs perched around have to pay them. By building our
various scenes of establishmentarian marketplace on Stellar we opened up
edifices in ruins. Those went for the world of NFT to everyone. Low,
millions. flat fees allow anyone to mint NFT
and collectibles and list them at any
But NFTs can be minted out of price that fits specific business
anything, from screenshots of tweets, requirements, even sub-dollar items
grainy GIFs, large pixel stickers can be minted efficiently!”
nostalgic of ’90s screen texture, a
grab of the FBI’s UFO sighting in May Stay tuned for more on the
2021, photos of your family on advantages of Litemint over standard
Christmas, and clips of videos and Ether-based NFTs!
songs both original and not. Even
teeth. All have cozied up in the NFT
marketplace, finding sellers, buyers
Monday May 24, 2021 their name and their estate is always attached to
Matthew Williams any sale of the artwork on any secondary market.
This can work for physical pieces of art and
The NFT art marketplace is taking off on a grand intangible art like NFTs (O'Brien).
scale. Just 4 years ago NFT art was a startup
project created by the owners of Larva Labs. They litemint.com/u/doctoreq
created the art project CryptoPunks and started
offering the 10,000 pieces of the collection for free
on the internet. It was designed as a social https://www.amazon.com/s?
experiment in scarcity, rarity, and supply and me=AED4ORBQ0Q3E2&marketplac
demand (Larva Labs). How much is a piece of
digital art worth to consumers? Will people pay to eID=ATVPDKIKX0DER
hold intangible pieces of artwork, in which the only
way to display it to your friends is on the computer
screen? To test their theory the project's creators
released all of the collection at first for free. All of
the artwork was quickly claimed by cryptocurrency
adopters and digital art enthusiasts. After this a
market was created in very short time in which
people were paying for these digital pieces of art.
The first pieces of the CryptoPunk collection sold
for $1 and $34 respectively in 2017 (Larva Labs).
It's now 2021 and much has happened since then.
How much are these NFT art pieces going for now?
Well, on the CryptoPunks official website there is
data on the recent transactions and the price the
CryptoPunks are being sold for. Recent
transactions range from anywhere from $33,962 to
$106,716. The largest sales advertised on the
website range from $975,000 to $7.57M (Larva
Labs). A digital art revolution is going on in the art
and cryptocurrency world. https://doctor-
The blockchain NFT space has all kinds of equation.myshopify.com/
applications for the future of art. An artist and
entrepreneur named Jackie O'Neill has started a When the NFT space was first conceived of it was
company called the Blockchain Art Collective thought of as an experiment. A social project. Now
which produces a radio frequency ID chip it has taken on a life of its own and become a
(O'Brien). This chip is a sticker that goes on the revolution in the art world. The revolution shows
back of the piece of art that can prove the no signs of slowing down either. Millennials and
authenticity of any piece of art by proving that is a the younger generations are perfectly used to
rare, precious, and unique object created as an owning digital representations of things and see as
original by the artist (O'Brien). The blockchain much value in holding digital collectables as their
technology makes it virtually impossible for parents and previous generations did in owning
anyone to forge a piece of art (O'Brien). physical collections. This has been proven by the
Blockchain can also make it possible for an artist to sales of CryptoPunks, Meebits, and other NFTs.
capture royalties wherever and whenever their NFTs are here to stay and becoming increasingly
artwork is sold. By storing the artwork in a smart more popular. The additional benefits of the
contract on the blockchain the artist can ensure that technology NFTs are built on like blockchain will
have ever more impact on the traditional art world Works Cited
as the establishment looks to secure, trade, and hold
value on the blockchain. Just like the internet Larva Labs. “CryptoPunks.” Larva Labs,
revolutions before it blockchain and the NFT www.larvalabs.com/cryptopunks. Accessed 24
marketplace are going to determine the future best May 2021.
practices for many different and varied applications
to established businesses and industries. O’Brien, Miles. “How Blockchain
Technology Could Revolutionize the Art
Market.” PBS NewsHour, 12 Sept. 2019,
www.pbs.org/newshour/show/how-
blockchain-technology-could-revolutionize-
the-art-market.

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