No Honor Among NFThieves

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  • Опубликовано: 27 авг 2024
  • Now not only are NFT projects stealing from every other industry, business or independent artist but they're stealing from each other. What was that about honour among thieves?
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    #scam #nft #2022
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Комментарии • 511

  • @EvanBear
    @EvanBear 2 года назад +1153

    Instead of buying an NFT, comission an artist you like to draw you a completely unique profile picture in whatever style and motif you request for much less money. You support the artist this way, they can pay their bills and you get something that you actually want and that you get the rights to.

    • @artcorbeau
      @artcorbeau 2 года назад +270

      people buy nfts because they think they can sell their stupid jpg higher than they bought it. It's all about greed, not about supporting artists

    • @somberlight
      @somberlight 2 года назад +23

      i always do. every release i´ve put out comes with hand-drawn cover and full creditation with a bogstandard contract.

    • @MoraFermi
      @MoraFermi 2 года назад +45

      Yep, exactly. Cheaper, better art and you may make some friends along the way too.

    • @shadesmarerik4112
      @shadesmarerik4112 2 года назад +7

      @@artcorbeau which could count for every good art that is out there, not just nfts

    • @OmegaGamer04
      @OmegaGamer04 2 года назад +22

      @@artcorbeau And then find out that they do not own the jpg but an id on a database

  • @horseygg5849
    @horseygg5849 2 года назад +177

    Biggest thing to take from this mess is no matter what project you work on as an artist, get a contract for your work.

    • @ZioStalin
      @ZioStalin 2 года назад +23

      If they don't have a contract, the artist ultimately owns the intellectual property of the drawings, if he can prove that he made them. They are the ones who are fucked, not the illustrator. ;)
      But then, you're right, it's better to have a clear contract before you start working on a project, for sure.

    • @horseygg5849
      @horseygg5849 2 года назад +1

      @@ZioStalin true about the i.p but I'm sure they would argue along the lines of company art as he was under employment as opposed to it being personal art or something?.... It all just seems so much hassle fighting in court what could be easy to prove with a clear contract.
      This also applies to the company aswell as the artist altho it's rare that an artist will screw a company both sides should always seek to protect themselves.

    • @ZioStalin
      @ZioStalin 2 года назад +15

      @@horseygg5849 But he wasn't under employment if there wasn't a contract! ;)

    • @Valvad0ss
      @Valvad0ss 2 года назад +4

      @@horseygg5849 you can't just claim you are a company without doing the legal paperwork and at least establishing an llc. So they COULD do that; but do you think they even registered an official LLC (easiest to register)? naaaahhhh u know they didn't

    • @petriew2018
      @petriew2018 2 года назад +2

      and the old adage : if it sounds too good to be true... it is...

  • @harfharfful
    @harfharfful 2 года назад +263

    NFTs really are an exercise in seeing whether the fool and his money can be parted faster than the speed of light.

    • @CZpersi
      @CZpersi 2 года назад +4

      Or perhaps _faster_ than the speed of light?

    • @cuterpooter
      @cuterpooter 2 года назад +4

      This one is even more pointedly showing how a fool can be parted from hypothetical "money that might exist, someday, after you draw us all these pictures bro".
      The sheer bobble-headed energy of saying "Sounds good. Let me get right on that. I'm sure you'll sort out my pay once all the work's been completed." 🤩🤑
      The other two dudes seem extremely scummy but my sympathy for the artist is fairly low since they were also happy to be a part of this digital ponzi scheme...up until they realized that *they were just a mark, too*. Whoopsie.

    • @MrDirtydisco
      @MrDirtydisco 2 года назад

      Wouldnt the fool just get it back then at some point ?

    • @kraftbaisden3737
      @kraftbaisden3737 2 года назад

      Money parted so fast that it time traveled.

  • @courier11sec
    @courier11sec 2 года назад +135

    Wait, so they needed like half a dozen trust fund business school Bros to pour all their combined creative energy into essentially a smiley face, then ended up just ripping off a first year graphic arts student?

  • @Ronin11111111
    @Ronin11111111 2 года назад +350

    This was a rather expensive lesson for the artist. Always get everything in writing where money and labor is concerened.

    • @haruhisuzumiya6650
      @haruhisuzumiya6650 2 года назад +11

      It's called a contract

    • @Ronin11111111
      @Ronin11111111 2 года назад +28

      @@haruhisuzumiya6650 Wow, geez, thanks for the impromptu english lesson!

    • @haruhisuzumiya6650
      @haruhisuzumiya6650 2 года назад +14

      @@Ronin11111111 don't mention it

    • @Ronin11111111
      @Ronin11111111 2 года назад +10

      @@haruhisuzumiya6650 (¬_¬ )

    • @scritoph3368
      @scritoph3368 2 года назад +6

      More like, don’t work with crypto bros ever. They’ll push you in front of a train for 500 Monopoly money

  • @colorfulcredit5373
    @colorfulcredit5373 2 года назад +51

    These are just adoptables with a different name. This has been a thing in the Art community for YEARS. It's always been somewhat controversial but even younger artists understand the concept and have made a better business model out of it then these grown adults.

    • @andrheathecat
      @andrheathecat 2 года назад +7

      Iva always said. Closed species with extra steps

    • @LilacMonarch
      @LilacMonarch 2 года назад +5

      At least adopts are generally made manually so they actually look good, instead of crap spat out by a randomizer. I would buy a million adopts before a single NFT

  • @strawbarry7834
    @strawbarry7834 2 года назад +29

    Ever since the first cave-person drew a picture on a cave wall there has always been a scheming business-caveperson standing right behind them ready to bash them over the skull with a rock and claim the work as their own. Nothing has changed in 40,000 years, nor is ever likely to. Each generation must re-learn this lesson, and I hope stories like this truly help to warn any naïve artists out there.

  • @Celciusssify
    @Celciusssify 2 года назад +82

    Here's hoping someone hacks into a major NFT image storage and replaces all NFTs with a giant donger

    • @ignacioponceladiaz4885
      @ignacioponceladiaz4885 2 года назад +24

      That problably would have more value than the NTFs tho

    • @studiesinflux1304
      @studiesinflux1304 2 года назад +14

      Replacing them with Disney assets would be more amusing. If anyone directly links their site or video game to it, the DCMAs will fly.
      Either way I think it would cause a bunch of damage. If the crypto bros don’t know what contracts are, they probably don’t know how to keep backups either (because they believe blockchain is a magic shield against all threats).

    • @spejic1
      @spejic1 2 года назад +1

      The problem is they mostly use Google Drive, which is pretty secure and because it's free for the first 15gb isn't likely to be erased for lack of payment.

    • @joemck85
      @joemck85 2 года назад +1

      @@spejic1 From what I hear, it isn't that difficult to DMCA stuff stored on Google Drive, something a shafted artist who has original sketches and chat logs may be able to do.

    • @Jakster840
      @Jakster840 2 года назад

      @@ignacioponceladiaz4885 At least some people could get off to it.

  • @mgatelabs
    @mgatelabs 2 года назад +65

    NTF's are like 6 folder filled with random photos and there is a master control program randomly smashing multiple pictures together. And after the NFT is sold, the image will be changed to a rug.

    • @SECONDQUEST
      @SECONDQUEST 2 года назад +3

      R U G

    • @Frostyviewer
      @Frostyviewer 2 года назад +2

      All the better too pull out from under ya

    • @NaudVanDalen
      @NaudVanDalen 2 года назад

      NFTs only got changed to literal rugs maybe a few times. Only one that I know of. There's literally no reason to do that though. Most scams happen when developers promise more than just links to profile pictures, but just dissappear.

    • @jeskaaable
      @jeskaaable 2 года назад

      I lool forward to buying a new NFT called RUG2THEMOON

  • @NekoAiray
    @NekoAiray 2 года назад +200

    "No honor among scammers" should have been very predictable

    • @Eemi_Seppala
      @Eemi_Seppala 2 года назад +12

      Well, so many of them made money by stealing art from others, isn't this just natural progression.
      Its easy to think of them as human meat only eating cannibals, who raid neighbour villages for food, and you can guess what happens when they run out of neighbours to feed on.

    • @Aries73
      @Aries73 2 года назад +3

      That concept is as old as time itself. Why would NFTs be any different?

  • @scruffybones321
    @scruffybones321 2 года назад +234

    Legally these kind of things are pretty much lose lose for NFTs.
    Either the case is ruled in the artist's favour (which I'd agree with) as ultimately if no contract exists then they own the copyright of the artwork, hence meaning they're entitled to the proceeds of the stolen content, making the entire project worthless for the cryptoscammers.
    Conversely if it's ever ruled in the scammer's favour because they're merely selling blocks of data with hyperlinks to content they don't own but are publicly available in them and not the art itself, then good luck getting artists on board and (perhaps worst of all for the scammer's) a precedent is set that although they're legal to sell, they're literally just hyperlinks with no other right of ownership and legally recognised as such, and the market absolutely shits itself and dies. And best of all this is probably the *only* defense they have, so they'd have to very publicly admit that the entire NFT market is complete insanity.

    • @tawesssoabbox
      @tawesssoabbox 2 года назад +3

      not if they can prove the artist agreed to make them the base....Then it would be work for hire and the cryptobros would own the design

    • @tippyc2
      @tippyc2 2 года назад +43

      @@tawesssoabbox That would have to be in writing to stick in court. Text messages and emails can be considered an agreement in the absence of a formal contract. And if there's any mention of compensation in that agreement, the cryptobros are gonna have to pay up.

    • @vanyel_etc8695
      @vanyel_etc8695 2 года назад +26

      @@tippyc2 that's exactly why the artist should go to the court next week when the mint is released, hit them with a summons then when there's money rolling in and watch them shit their pants

    • @gustavosanches3454
      @gustavosanches3454 2 года назад +8

      "then good luck getting artists on board" Unfortunately I don't ever think this will be an issue for future "artists" trying to board cryptotrash scams; this will work as a lesson to be learned for future artists and they will put the blame on this dude in particular and point out how stupid he was. This is how the minds of these people works, they all just think about blaming the victim under a guise of "personal responsibility".

    • @DarkestKNIGHTCJH
      @DarkestKNIGHTCJH 2 года назад +13

      Honestly, all this nonsense is getting to the point where I wish **ANY** NFT cases would get to **ANY** court so we'd have a working idea of what NFTs would look like when it comes to copyright that isn't based on past precedent for *other* forms of scams.
      I highly doubt much of any NFTs are actually good enough to stand copyright law but that's a gut feeling that hasn't been tested in court. I'd love for any cases to look at as a precedent.

  • @Fimbulvinter19
    @Fimbulvinter19 2 года назад +81

    Can't say I feel much for any of them. Other NFT's have been stealing intellectual property for a while now, so why the artist thought his would be different smacks of 'I didn't think the panther would eat my face when I voted for the panthers eating faces party.'

    • @crystalwings4520
      @crystalwings4520 2 года назад

      At this point we're just watching the whole world burn.

    • @andresk4694
      @andresk4694 2 года назад +4

      It's because a lot of the NFT space has this wagmi euphoria so people seem to barter good will and services and just expecting to be compensated fairly. Which they should be of course, it's not like people deserve to be treated like shit just because they didn't sign a contract.

    • @theultimatereductionist7592
      @theultimatereductionist7592 2 года назад

      "when I voted for the panthers eating faces party" That line made me lol!

    • @notatrollll
      @notatrollll 2 года назад +6

      Just because innocent people are stupid doesnt mean I wish ill will or feel they deserved it. I still always blame the asshole.

    • @christianknuchel
      @christianknuchel 2 года назад +1

      Not everyone has the privilege to be picky about their opportunities.

  • @krs4395
    @krs4395 2 года назад +88

    The artist could always just steal his images back with a solid right click.

    • @notatrollll
      @notatrollll 2 года назад +13

      Make your own nft collection with the same pictures

    • @notatrollll
      @notatrollll 2 года назад +17

      Or make your pictures with new variations, they cant legally stop that with a copyright. Then you can sell your nfts from “the real honest artist not those scumbags”. I bet it would probably draw interest

  • @blippedyblop
    @blippedyblop 2 года назад +32

    "Looks like crypto is back on the menu, boys!"
    *Frantic hodling ensues*

  • @Ratciclefan
    @Ratciclefan 2 года назад +4

    NFTbros: NFTs help the artistic community
    Also NFTbros:

    • @stingerjohnny9951
      @stingerjohnny9951 2 года назад +1

      *buys a rare book and threatens to burn it* We r heer 4 artiss!

  • @2ScoopsPlz
    @2ScoopsPlz 2 года назад +290

    Honestly, I feel bad for the artist but like... what were you expecting? Not only did you decide to make your art without agreements in place, you also decided to work in the *NFT* space, one of the largest markets popular for scams.
    Hate to say it, but you played yourself.

    • @corberus3119
      @corberus3119 2 года назад +31

      the fact that most artists hate NFT's because a ton of people are having their art stolen, and this artist just decides to do work for an NFT with no contract causes much confusion

    • @ShaCaro
      @ShaCaro 2 года назад +9

      He still owns the art, so whilst it was dumb to not have a contact, that applies moreso to the other scammers in this scam.

    • @ProfiteerProphet
      @ProfiteerProphet 2 года назад +18

      @@ShaCaro To expand on that, at least in the US, copyright takes effect the moment the art takes tangible form (that is, stops being an idea in someone's mind and is made into concrete form, such as a drawing, scpulture or recording).
      So the artis 100% owns their art, and the absense of a contract actually makes it so the NFT bros actually don't own anything (there could be a contract giving part of the rights to them, but there isn't).
      Of course, the artist would have to sue them to get anything back, and that can be expensive.

    • @picassoflex1832
      @picassoflex1832 2 года назад

      are you dense? The thieves can justt ake the artwork and use it without the artist even knowing. That 's the case 90% of the time. What are you on about this being the artist's fault? Unless they directly failed to read and go through the contract, it's not really up to them when their artwork gets stolen.

  • @jameslacey01
    @jameslacey01 2 года назад +19

    What irritates me is that ALL NFTs rely on the greater idiot theory to profit and yet artists who have a contract think that their work is worth what idiots are paying for the NFT’s. Bruh, your shitty art is worth whatever you agreed to work for in your contract. I’d bet that the contract has in some intellectual property rights that all work you do is is owned by the company and not you. Anyone involved in NFT’s are just absolute melts

  • @d_denragon
    @d_denragon 2 года назад +14

    It's funny how these NFTs project really show how destructive they are for both real world and internet environment

  • @groofay
    @groofay 2 года назад +20

    Even outside of the NFT space, if you create art or perform music or whatever, without an agreed-upon payment, and still expect payment, I would question whether you know what you're doing. This is just laughable.

  • @sparky4878
    @sparky4878 2 года назад +30

    As said in Skyfall “last rat standing”. Lots of rats in the nft barrel.

    • @andhieyusuf7008
      @andhieyusuf7008 2 года назад

      At first, they were eating fools. At the end, they are now eating each other.

  • @borkguy
    @borkguy 2 года назад +27

    More and more I find myself playing old games on emulators, resigned to the reality of NFT gaming as “the future”… just let it end

    • @legojay14
      @legojay14 2 года назад +5

      Nfts are a fad. Their a bubble about to burst. Trust me there's no reason to get defeatist over some scam that companies adopted so they can bleed money from idiots until it dies. The chance of this staying around is as likely as China ending its censorship

    • @joshuayung5158
      @joshuayung5158 2 года назад +8

      @@legojay14 I believe NFTs as is are a fad, but microtransactions and lootboxes have had an unfortunate amount of staying power due to profitability. Here's hoping they all burn though.

    • @legojay14
      @legojay14 2 года назад +5

      @@joshuayung5158 microtransactions only have staying power because you can actually justify them in some instances. Nfts have nothing. When a group literally has to delude itself into believing getting scammed is a right of passage. Your not dealing with a viable business move. Your dealing with cult members who'll eventually run out of money

    • @joshuayung5158
      @joshuayung5158 2 года назад +4

      @@legojay14 I believe you're right and I hope you're right, but I'm not holding my breath in the interim.

    • @Colddirector
      @Colddirector 2 года назад +5

      @@legojay14 I just hope the big gaming companies humiliate themselves a few more times before the bubble pops, watching Ubisoft flounder trying to defend NFTs was hilarious.

  • @amulrei8149
    @amulrei8149 2 года назад +9

    It's hard to have much sympathy for anyone involved. Seems like a classic case of "play stupid games, win stupid prizes" scenario.

  • @terrypankhurst7601
    @terrypankhurst7601 2 года назад +8

    I find a rule of thumb is if they start telling you how easy it is on social media, keep the fuck away.

  • @RollingThunder911
    @RollingThunder911 2 года назад +43

    You operate in a space that is infamous for art theft and you are surprised when your "art" get's stolen. I mean wow that is just impressive

  • @higunner00
    @higunner00 2 года назад +28

    Meh, he knew what the hell his "revolutionary vision" was going to be when he entered the project, so is only scammers scamming scammers

    • @davidlevy706
      @davidlevy706 2 года назад +4

      He had the revolutionary idea to create a simplistic knockoff of Garbage Pail Kids.

    • @stingerjohnny9951
      @stingerjohnny9951 2 года назад

      @@davidlevy706 The Garbage Pail Kids were less fucking ugly than most NFTs, and being ugly as sun was their GIMMICK.

  • @Sniperbear13
    @Sniperbear13 2 года назад +24

    well who could have seen this coming? /s
    its almost as if the lack of regulation make it easy to do things like this.

    • @tawesssoabbox
      @tawesssoabbox 2 года назад +2

      to be fair.... this have been a thing for.. well... ever.. long before crypto or even the internet..

    • @samm4158
      @samm4158 2 года назад +1

      yeah but that’s like someone walking directly into several bees nests on purpose, and then you saying “people have been stung by bees since forever, this isn’t new”. yeah art gets stolen, it sucks. but the nft market is literally the art theft capital of the world

    • @Sniperbear13
      @Sniperbear13 2 года назад +1

      @@tawesssoabbox well, yer not wrong, but with NFT's and Crypto, its far worse since it becomes incredibly hard to do anything about it once it starts to get around.

    • @aquapendulum
      @aquapendulum 2 года назад +1

      @@tawesssoabbox But then cryptobros came along and promised that crypto was the solution, remember?

  • @Perzyn
    @Perzyn 2 года назад +3

    What I would like to see is for someone to take the images of the bored apes and started their own NFT collection selling the same images, just for the sake of creating some chaos.

  • @ThePacman001001
    @ThePacman001001 2 года назад +11

    How come no one is mentioning copyright? I thought that, as long as you can prove you created it first, the creator has some kinda legal power to offer C&Ds? I literally have no idea

    • @ZanathKariashi
      @ZanathKariashi 2 года назад +4

      @Rill copyright is ALWAYS protected. Trademarking isn't necessary, its just a further 3rd step you can take to add additional strength your powers.
      Making the work, unless you've agreed to an explicit contract as work for hire (which usually includes a transfer of copyright to the employer somewhere in the contract in return for some form of compensation), gives you copyright protections and you can DMCA whatever the hell you want. But you have to basically do it all yourself or with someone acting on your behalf doing so. (you also can't sue for court-costs if you're unregistered).
      Registering your Copyright gives you MUCH stronger protections as you can ask the government to put it on a protected list that will auto-flag your works in a lot of applications if used by someone without the legal permission to do so in the ways outlined in the licensing agreement. (you can also force the offenders to pay any court-costs you incurred after you win).
      None of these technically have to be defended (you can put stuff up for free and it's up to you to decide if it's being misused or not) and you can reserve the right to decide to defend against them any time as long as the Copyright is still active (Your Life+70 years). (you can even put stuff directly into the Public Domain and then revoke it as long as it remains under copyright protections if you feel people are misusing your work, which in the case of the original Copyright holder always works. An inherited but still active copyright is much harder to revoke Public Domain access and usage from but generally possible).
      Trademark is a different beast that MUST be litigated every time it's infringed or you risk losing the trademark, but does add some additional options that copyright alone doesn't have but is also somewhat redundant as a you already get a lot of the benefits of a Trademark baked into a registered Copyright or even an unregistered copyright.

  • @unknowndane4754
    @unknowndane4754 2 года назад +50

    I might have misunderstood, but if there wasn't a formal contract between them, doesn't that then mean that the copyright would still be with the artist, meaning they're using it without consent ?

    • @azinyefantasy4445
      @azinyefantasy4445 2 года назад +6

      This is assuming he actually is telling the truth about being the first artist on board and whether or not he can claims the rights to the template. When dealing with original characters you can bypass their copyright through use of derivative art. He would own the original grey cloud man but not the others.

    • @ZioStalin
      @ZioStalin 2 года назад +10

      Yes.
      (As long as the artist can prove he is the author of the work - which is trivial in this case - and there isn't a contract for the cession of the intellectual rights on the artwork)

    • @J_Lynn
      @J_Lynn 2 года назад +2

      even if he was the original artist who created the template, it's not a very detailed piece. It would be pretty easy to make a 1:1 copy of without ever seeing the original template. That's how bland and featureless it is. They've obviously had it drawn by someone else to use for their project, so... though they are scum and NFTs are horrible, I'm not sure this original artist has much claim, since afaik that's all he's claiming is the template that isn't even being used anymore. Sucks he wasted his time, but that's what he gets for not working out a contract BEFORE doing the work, I guess.

    • @ZioStalin
      @ZioStalin 2 года назад +4

      @@J_Lynn The "second version" is pretty much identical to the first one, it's clearly a rip off. And plagiarism is an infringement of intellectual property laws.
      If I copied "Help" by the Beatles but changed only a couple notes, or the key, they'd still hand me my ass in court big time.

    • @dantai68
      @dantai68 2 года назад

      Yes, assuming that the work was registered as a copyrighted work. This would likely be the case of the images were first submitted to a place like Deviantart where it is explicitly stated that the works belong to the creator and poster.
      If not, then the guy is pretty screwed unless they themselves can get a lawyer. Which considering it appears the files were just given via email, share drive, and twitter it is likely this will all be a uphill battle.

  • @GuyFromCanada
    @GuyFromCanada 2 года назад +21

    I do appreciate that everyone is at fault in this situation; the scammers being scammers, and the artist being a dumbass
    Really ties it together in neat bow.

    • @KnakuanaRka
      @KnakuanaRka 2 года назад +2

      As much as I don’t want artists to get ripped off, this guy working in the NFT space with no contract is kind of a “surprised Pikachu face” moment.

    • @stingerjohnny9951
      @stingerjohnny9951 2 года назад

      @@KnakuanaRka it’s a “fork in the socket” style learning experience. Hopefully he now knows not to do it again

    • @MrMarinus18
      @MrMarinus18 Год назад

      But if the artist has to steel himself and watch out against being exploited it does pretty much destroy the entire argument that web 3 is for the small guys.

  • @matthewwest2482
    @matthewwest2482 2 года назад +4

    This is why you invoice your work after words if nothing was agreed upon.

  • @ShirleyTimple
    @ShirleyTimple 2 года назад +2

    As someone with barely a grasp of blockchain and absolutely no interest in crypto/nft in any way, these videos are fascinating to me. Thanks for taking the time to do this, it's very informative.

  • @kevting4512
    @kevting4512 2 года назад +8

    Begun. The NFT Wars have.

  • @tnylilrobot
    @tnylilrobot 2 года назад +7

    I honestly dont think I can keep watching these people and keep my sanity. How do people not understand what theyre buying into yet

  • @LTrotsky21stCentury
    @LTrotsky21stCentury 2 года назад +20

    Let them fight.

  • @IAmAzarath
    @IAmAzarath 2 года назад +8

    Since they aren't using his actual art but rather using the base character design, which is extremely simplistic, the chance of any legal recourse is unlikely.

  • @muja_bunny
    @muja_bunny 2 года назад +1

    NTF creation is basically just hitting random on a piccrew and saving every result

  • @lainling
    @lainling 2 года назад +6

    In the absence of a contract, and with no payment or other consideration, doesn't the artist still retain copyright? And the subsequent variations are pretty clearly derivative works. I'd guess the easiest escalation for the artist would be to DMCA wherever they host the images.

    • @SmashToBits
      @SmashToBits 2 года назад

      Just because you make something doesnt mean you have a copyright on it, you have to pursue it afterwords.

    • @lainling
      @lainling 2 года назад +1

      @@SmashToBits In the US, the Copyright Act of 1976 made copyright automatic at the moment of creation.
      You _can_ register it with the patent office, but it's not necessary.

  • @Zthewise
    @Zthewise 2 года назад +2

    The more I hear about NFTs the more I think about collectable stickers or trading cards, but unlike the NFT, I still have the stickers or cards if things go sour.

  • @elvingearmasterirma7241
    @elvingearmasterirma7241 2 года назад +7

    Oh really? They are stealing from each other
    I am shocked. Truly! Who would ever have guessed! /S

  • @blooaloo7820
    @blooaloo7820 2 года назад +1

    Buying NFT's is like buying packaged toy collectibles thinking they will be worth something in the future, they won't, they will mostly be worth nothing.

  • @alextaunton3099
    @alextaunton3099 Год назад

    "Don't unleash the dragon" reminds me of when Yngwie Malmsteen got caught on tape drunkenly telling a flight attendant "You've UNLEASHED the fooken FURY"

  • @chrisg7663
    @chrisg7663 2 года назад +3

    To be fair all he did was create the original white blob, you can see they even changed the shape of the first layer and then they had an artist make all the other layers which really 'make' the project.

  • @TheRealE.B.
    @TheRealE.B. 2 года назад

    "Unleash the Dragon" (or something very similar) is from A Song of Ice and Fire (i.e. Game of Thrones), being the catchphrase of Danaerys Targaryen's abusive older brother. He is portrayed as rather pathetic and dies in the first book simply because he was an asshole who couldn't take social cues and he finally pissed the wrong person off. In a book series that portrays the universe as cruel and uncaring, with thousands of innocents dying cruel deaths, this man died simply because he was asking for it. Nice to know that somebody sees him as a character to emulate.

  • @LarnrothSDergan
    @LarnrothSDergan 2 года назад +3

    YES
    I knew this was going to happen and I totally called it 😂 I mean after all they were stealing from actual artists, you know the ones who put in the blood sweat and tears making stuff? But seeing that they're stealing from each other? Golden

  • @okamichamploo
    @okamichamploo 2 года назад +1

    Fear. Uncertainty, Doubt... um those are actually GOOD things!
    Fools tread where angels fear to venture

  • @kaoset1237
    @kaoset1237 2 года назад

    As an artist that has taken commissions always ask for the money up front, and try to go into what the art is for. if it seems like they are hiding something, then they are.

  • @Delaterius
    @Delaterius 2 года назад +2

    Glad to see video games isn't the only industry with people who think they're worth 5x what the actual creators are worth because they're "ThE iDeAs GuYs!"

  • @nyatske
    @nyatske 2 года назад +8

    I know you hold crypto and that's why I need to address this even more.
    Crypto is a zero sum game, someone needs to buy in for you to cash out. NFTs are made to attract people to buy crypto so early adopters and other whales can cash out.
    Obviously in a such unregulated market fraud goes scot free, insider trading, market manipulation, social engineering scams, etc. are very rampant.

  • @Shauma_llama
    @Shauma_llama 2 года назад

    I suggested to my roommates going to the art store, buying a canvas, literally crap on it, photograph it, make it an NFT, and sell it. They said it didn't work like that. Oh well, another idea that doesn't pan out.

  • @tankerock
    @tankerock 2 года назад

    I think the "unleash the dragon" line is about a dragon design they were working on lol

  • @TheZombieCurryKid
    @TheZombieCurryKid 2 года назад +2

    To my understanding artists own everything they create unless a contract states that another party owns their work.

  • @Dampfaeus
    @Dampfaeus 2 года назад

    If you have watched Game of Thrones, you might remember that "releasing the dragon" can also mean pulling your noodle out, and probably then going to slap it into your face.

  • @ariaangela3455
    @ariaangela3455 2 года назад +2

    *grabs popcorn*
    Right. Let's hear it

  • @glanni
    @glanni 2 года назад +1

    I didn't know the Beggar King started his own NFT scam!

  • @Fummy007
    @Fummy007 2 года назад +5

    The "artist" sadly thinks its about art. the art could be 10 times worse and still sell for the same amount.

    • @shadesmarerik4112
      @shadesmarerik4112 2 года назад +2

      the artist has a copyright on his creative work... doesnt matter if it sells or not and if those are "just" used as tokens

  • @theFunkyThumb
    @theFunkyThumb 2 года назад

    I am particularly outraged because the only weather report that matters is the funk band Jaco Pastorius was in. I will now play jazz in a rage

  • @FamiAoi
    @FamiAoi 2 года назад

    I'm glad there are thousands of people dumping their money into a fire pit. These people should not be responsible to have money. This does show how there are so many scammers, and there will be zero repercussions.

    • @TheTingcat
      @TheTingcat 2 года назад

      There are people who are spending money they need to live because they think it's the next big thing, that it's an investment that might pay more than their shitty day job. They aren't all rich idiots, and that's the sad thing - all of us make bad decisions sometimes, is that cause to take everything? Genuine normal people lose in this situation - people who are otherwise like you or me besides the fact they invested in NFTs that are now worthless.

  • @lemeres2478
    @lemeres2478 2 года назад

    Ironman: Lions
    Captain America: Monke
    C I V I L W A R

  • @stingerjohnny9951
    @stingerjohnny9951 2 года назад

    “fear, uncertainty, doubt”
    Maybe they rightfully fear how uncertain your market is and how doubtful it is that they would profit

  • @voxkine9385
    @voxkine9385 2 года назад +3

    Just yesterday, Buffet’s right hand man did an interview and called crypto a venereal disease… and now I see this!

    • @DrunkJackal
      @DrunkJackal 2 года назад

      Charlie Munger? That sounds like something he'd say.

    • @borischevov
      @borischevov 2 года назад

      @@DrunkJackal all my go-to tech guys are aged 90+

  • @btbarr16
    @btbarr16 2 года назад +3

    I think the profile picture NFTs have value. Now, I'll be able to tell who is an idiot without even having to read their posts. It's the next best thing to a forehead tattoo that says, "I'm a moron." Although I guess that could be said for just about any face tattoo unless it's something like a Māori tattoo.

    • @einsiedler5075
      @einsiedler5075 2 года назад

      We MUST normalize NFT profile pics to be the 2022-and-onwards equivalent of anime profile pics

    • @btbarr16
      @btbarr16 2 года назад +1

      @Vinicius Carvalho or those f***ing transparent flags people put over their profile pics to show solidarity with whatever is the popular cause or tragedy people are focused on. When in reality, they can't be bothered to lift more than an index finger to do something that might make the tiniest bit of difference.

  • @garethdavies2093
    @garethdavies2093 2 года назад +1

    Err copyright works the other way around. It defaults to the artist, and is purchased (by an employment contract, or a license etc.). If THEY don't have a contract saying they own the stuff (signed, and typically paid for) just let them sell all the stuff then claim the entire mint price in court. A contract without principle (e.g. being paid) is really difficult to defend, and "we gave art direction" at best buys you a small percentage back.
    Oh well law is hard and differs around the globe, maybe it's the way they think it works there...

  • @Pitsillos
    @Pitsillos 2 года назад

    Last i remembered you were only 40k subs, damn man well done!

  • @marrons6699
    @marrons6699 2 года назад +4

    Ain't no party like a Donner Party

    • @mousepotatodoesstuff
      @mousepotatodoesstuff 2 года назад

      That's one party where you definitely won't feel good being called a snack.

  • @cropathfinder
    @cropathfinder 2 года назад +2

    NFT isn't an "industry" its a type of scam , same with crypto , MLMs, etc

  • @Slamdoxicalz
    @Slamdoxicalz 2 года назад

    As it is with most work; never deliver til you have written terms you agree with.

  • @Timmeh_The_tyrant
    @Timmeh_The_tyrant 2 года назад

    Just exposes how most of humanity is evil not good. Good people are rare.

  • @calamaria9221
    @calamaria9221 2 года назад

    Their first mistake was thinking they could work with NFTbros and expect not to be scammed or massively underpaid. Especially when NFTs are known for stealing everything.

  • @Mrzombieman
    @Mrzombieman 2 года назад +3

    still waiting for a good and useful use of nfts for me to even remotely even see any worth in thinking about buying one.

  • @SammEater
    @SammEater 2 года назад

    This is the true reason why Wheater Report is in Green Dolphin Street Prison.

  • @gideonfyah1
    @gideonfyah1 2 года назад

    "we are going to make it together bro" "we" meaning "us"

  • @mishainutr2118
    @mishainutr2118 2 года назад +1

    tbh artist did just very very very simple sketch which was made probably 5000 times over by other people...

  • @MiniePixie
    @MiniePixie 2 года назад +1

    If the artist never gave over his copyright and if his employment contract doesnt state that his work is owned by the other partners, then the artist should be able to defend his copyright. He has proof of the other parties prior access to the content and the fact that they wanted to give him a royalty split at all makes me think the artist owns the copyright. The fact that they even made an offer of 5% counts in the artists favour

  • @mochithepooh5368
    @mochithepooh5368 2 года назад

    I always thought weapon skin in FPS game are dumb, but at least with them you got gameplay, sounds, maybe extra effect animation.

  • @Romanticoutlaw
    @Romanticoutlaw 2 года назад

    imagine, the chickens have come home to roost

  • @N8_DoubleYou
    @N8_DoubleYou 2 года назад +1

    5:47 Just so we're clear, 'profile' is one word, not two. They split it into two words to avoid telling people they're investing in PeePee NFT's.

  • @giantspida
    @giantspida 2 года назад +1

    you know, people could just hire artists directly to make them a profile picture

  • @jaymevosburgh3660
    @jaymevosburgh3660 2 года назад

    These are those people that were kids and went around claiming to be able to actually throw "psi balls" and stuff.
    Psychic vampires or what ever silly stuff they think made them sound more cool than they really were.
    Most grow out ov that stage when they are 13-14.

  • @YangYang-rh8uy
    @YangYang-rh8uy 2 года назад +2

    Unfortunately, this drama is only going to drag more heat to the project.

  • @milmil5350
    @milmil5350 2 года назад

    If you're an artist and you want someone to treat your work like a treasure, and hang it up in their room like a museum painting, then either: go traditional or sell high quality prints (there are many sites that offer such services)

  • @tantraman93
    @tantraman93 2 года назад

    This sounds a lot like the Dutch tulip bubble of 1637-ish.

  • @jonathansoko1085
    @jonathansoko1085 2 года назад

    You know what makes nft's sound legit? Reese Witherspoon quotes

  • @marasmusine
    @marasmusine Год назад

    4:49 I hate this whole thing, but I do note that the characters are not "indentcal matches" to the base image. Only the circle of the head matches, and you can't copyright a circle. It's like drawing a stick figure and getting upset that someone drew a slightly different stick figure.

  • @thenerdbeast7375
    @thenerdbeast7375 2 года назад

    Yessss, you know what they say about a divided house! 🤞

  • @mikfhan
    @mikfhan 2 года назад

    "I own timestamp 2022-02-17-01:07:56 when this artwork was rendered!"
    "I own timestamp 2022-02-17-01:08:34 render of the same artwork!"
    "I made this artwork... for free... ohh the humanities...!"
    TOPKEK

  • @arned432
    @arned432 2 года назад +1

    Wait, wait, wait... did he not make contract??? What???
    And what stop me to use legendary Ctrl+C/V combo to steal someone art work. I going to steal Mona Lisa right now!

  • @cazpurr4128
    @cazpurr4128 2 года назад

    I can’t comprehend how any art can be copyrighted , patented or whatever. Half these things ppl call thier own , most ppl have drawn as a doodle and arnt even aware . Like anything created if it’s sought after those will make sure it’s legitimacy that it comes from the artist they like vs a duplicate. It sucks some one can take your idea and get rich from it but it happens all the time and if the originator of said art idea or what have you was successful with it it would have been and issue. As a example give two ppl a wrench aka the same art work , someone will be able to make money with it others won’t know what to do with it.

  • @Yezu666
    @Yezu666 2 года назад +1

    Not a lawyer, but have some experience with dealing with copyrighted work and creative media. And from what I understand the artist here is in a much better position. A contract would be needed to determine who own the copyright to the art, as copyright is needed to do anything with it. If the artist can prove that they made the art, they can just claim that the project can't use it, because they have neither the right nor the license.

    • @ZanathKariashi
      @ZanathKariashi 2 года назад

      yeah, but then it's also up to them to report and DMCA every thing themselves, unless they drop the cash to register their copyrights to get full protection. unregistered copyrights have some protections (and are pretty likely to win most cases you bring) but you're generally on your own to do the protecting, while registered get some actual government protection of their works as well as being able to sue for court-costs for any litigation. (an unregistered copyright holder cannot sue for court-costs to be covered by the offenders if they win).

  • @hsk2213
    @hsk2213 2 года назад +1

    It’s kinda sad that people don’t get some of the basics of life. School should be teaching people, how not to get fucked, rather than to conform.

  • @user-lk2vo8fo2q
    @user-lk2vo8fo2q 2 года назад

    if he doesn't have a contract, they don't own the rights to his art. it does sort of cut both ways. of course, it really depends on whether the new stuff is actually infringing on his work, and that can only be decided by a judge.

  • @danielchew8739
    @danielchew8739 2 года назад

    Ironically, I just received a Metaclub ads for this video.

  • @TheTingcat
    @TheTingcat 2 года назад

    Art, like NFTs, is only worth something if people believe it has value. Problem is, nobody realizes its value and impact anymore - and unlike NFTs, art feeds the soul and inspires real thought on the part of its consumers. It's all backwards.

  • @broodypie2216
    @broodypie2216 2 года назад +1

    I can't wait to tell my grandkids how we survived the water wars because soceity dismembered itself via internet before world governments could mount any forces.

  • @bigbananabill
    @bigbananabill Год назад

    they should try being visited by the one who grips

  • @As5Hat
    @As5Hat 2 года назад

    What is Aliens were to look at this stuff, being the first thing they learned about humans. I'm embarrassed by humanity...

  • @dirufanboy1971
    @dirufanboy1971 2 года назад +2

    This whole Crypto/NFT nonsense really does remind me of the Mob as portrayed in most media: everyone trying to get one over on everyone else. It's a shit show over there.

  • @biotoxin6280
    @biotoxin6280 2 года назад

    Finally they have evolved backwards they have reached true perfection

  • @LeeFall
    @LeeFall 2 года назад

    Not gunna lie the artist even looks like he ripped of Cup Head...

  • @TheMan83554
    @TheMan83554 2 года назад +3

    At the end of the "letter":
    "To the larger NFT community, I an looking forward tp getting more immersed in this space I have a feeling I will be here for a long time."
    Sure mate, enjoy getting ripped off.

    • @ZioStalin
      @ZioStalin 2 года назад

      Some ppl never learn xD