hi @OrganicSpaceRaisedMoonBeef i went to your site. nice you have 2. did you have to pay rarible to post or do they get paid after sale?
Please read this before jumping on the NFT bandwagon: https://memoakten.medium.com/the-unreasonable-ecological-cost-of-cryptoart-2221d3eb2053
as it is today yes. it's better ...almost. printing records is gold. it's physical. doesn't require a computer. 45 rpm costs to produce. 300 copies? eg: buy your beat on the blockchain and you know no one else has it.
it could be the future, on the other hand... boom seems like a good idea. nice while it lasts. bust what was I thinking?
Bandcamp is certainly better for selling music and it's free for artists, but it seems like the NFT thing is so irrational that you can fish large amounts of cash from an mp4 loop...
I'm so lost. I've read up on this before and was more confused after I'd finished reading about it. So there's a time limit? And not set value?
caveat emptor I wouldn't buy anything like that but if someone wants to, they should know what they're getting. I'd rather have a vinyl release on bandcamp. I'd like to have some ridiculous funding!!
No set time limit, but what you are essentially parting with your money for will only exist as long as the websites/servers are online. It's a weird scheme for wankers where a handful of people will get rich whilst doing nothing and a million schmucks will do all the free advertising for them.
https://www.visualcapitalist.com/visualizing-the-power-consumption-of-bitcoin-mining/ Visualizing the Power Consumption of Bitcoin Mining Cryptocurrencies have been some of the most talked-about assets in recent months, with bitcoin and ether prices reaching record highs. These gains were driven by a flurry of announcements, including increased adoption by businesses and institutions. Lesser known, however, is just how much electricity is required to power the Bitcoin network. To put this into perspective, we’ve used data from the University of Cambridge’s Bitcoin Electricity Consumption Index (CBECI) to compare Bitcoin’s power consumption with a variety of countries and companies.