shamiltanna is a image from thecdn.vox-cdn.com.
We have bad news if you were saving up for a set of Discreet Music NFTs. In an interview with a tech critic, Eno outed himself as a critic of NFTs.
The way for artists to get a piece of the action from global capitalism is by using NFTs. Now artists can become little capitalist assholes as well.
NFTs allow you to buy and sell ownership of unique digital items and keep track of who owns them. NFT stands for non-fungible token, and it can contain anything digital, including drawings, animated GIFs, songs, or items in video games. The NFT can be one-of-a-kind, like a real-life painting, or one copy of many, like trading cards, but the blockchain keeps track of who has ownership of the file.
Nyan Cat and the "deal with it" sunglasses are being put up for auction, as NFTs have been making headlines recently. There is a lot of discussion about the massive electricity use and environmental impacts of NFTs. If you still have questions, you can read through our FAQ.
The perfect artist for the NFT era is Eno, who is known for his innovative ambient work and prolific producer credits. He has spent decades making art with an eye towards technology and its social implications, often made available as software or limited-edition product drops. The same basic process that produced those endless minutely varied monkey portraits for the Bored Ape crew was pioneered by Eno. It would be easy for him to make a million dollars by turning this generative iPad app into a string of 10,000 numbered NFTs.
Taking the NFT turn would be pointless as an artistic move and craven as a financial calculation, as he describes in the interview.
I am not sure what is being brought into the world that makes any difference to anything other than some strings of numbers moving about in some bank accounts. I wish I could have a more positive view, but right now, I see hustlers looking for suckers, so I think they are the best thing since sliced bread.
The whole thing can be read here.
