People were laughing about the guy who tried to sell the largest pepe the frog collection on ebay years ago cause "it's just digital art". Who's laughing now?!
The open window is a poorly thought through format. Thousands of tokens that are the same reduce the collectibility of a piece. Scarcity (because quality is prerequisite) is how these things will accrue value. This market is in a total bubble, and many folks are going to get burnt. This is also harming the future of the tech. I love Beeple (don’t we all) but again, the value of the work is hurt by the relatively large editions. This is akin to having a bad gallery manage your career.
I agree it's an imperfect method. So far my favorite is the raffle / lottery draw, which allows a smaller limit to be set, but also doesn't let the bots snag every single item. If you try to do a small sale of 10 or even 50, I'd have to assume all or nearly every item will go to a bot to be re-sold. It sucks, but that's the way it is right now. I'm not sure of a "perfect" solution, so I mainly look out for raffle drawings at the moment on Nifty.
I'm seeing a lot of people in this comment section who have no grasp on the concept of NFT's and seem to believe it somehow mutes physical art pieces in reality. All NFT's are is unique proof-of-work receipts which we call "certificate of ownership" associate with a particular discrete data set. Nothing more, nothing less. No, "NFT'izing" your art doesn't mean no one else can "see" it. Yes, you can simply change one pixel by rgb(0,0,1) and it will generate an entirely new NFT. The value is speculative, which is nothing to ignore because speculative markets are entirely legitimate. You still need a backing market authority to verify that the NFT is an "original" or at least the original discrete data set (text, image, video, etc) which people "agree" is the "original", otherwise all you have is a very expensive cryptotransaction. The moment your NFT loses that market-backing you're shit out of luck.
That's awesome Mitch, and best of luck on your drop! Take advantage of this period of time because who knows how long it will last, but it's so darn exciting to be a part of right now even as an observer like me.
@@sergf3624 Nobody can predict the future. I would wager a significant amount of money, however, that this technology is not a "fad." NFTs are not one in the same, there is no single IP or object. It's a technology.
Hey Matt, just recently learned about NFT. Thanks for already establishing a channel around the topic, Im eager to learn along the way with you guys. Subbed! Take care bro
This is so dumb. Lol buy NFT art...its a damn screen saver. Im make a screen saver on my lap top and sell for 2 million. U cannot hold the art or anything. Its just saved on ur phone. Lol i cannot believe the world is coming to this. We are buying things we cannot hold and touch. Im buying art and i dont know who made it or who owned it previously. Unethical.
That is basically the inverse of true. Think of any great artist in history. Does their art have value because they made only one, or because they had prolific careers full of great art?
Imagine when we live in a digital world , I feel like regular items will be Soo much more valuable than art. You might want a new pair of digital clothes for your avatar , or a bucket , or a , sword etc , high definition , 3d models of regular items , will be the future in my opinion. In the far future when we can live in vr.
@@mastervsolo2373 interesting... btw, I don't think it's a 3d model, looks more like a very fine picture from Corbis or Gettyimages. Yesterday an "artist" called Trevor Andrew sold some illustrations with the Gucci logo onto Casper: again, wondering if the had the rights for those niftygateway.com/collections/guccighostopen
I think the people who heard about the internet for the first time said the same thing. No offense but life is only going to become more digital and abstract in the future
@The Lone Journey an NFT is simply a Certificate of authenticity, if you’ll pay that much for regular art, now you can have the same confidence and control over digital art (which a lot of people such as myself actually prefer)
Bro, yall are insane! You buy a video game for $80, and it contains thousands of megabytes of this art, with interactive component. Now you're buying this for thousands of dollars!? This is probably ruining the sales of physical artwork.
I'm new to all this...it's interesting that what you show with Kobe is some kind of an animated GIF image, not just a plain rendering, it looks really great. GIF:s should be worth more than static images...
So the more popular an art is, the more people will buy it, the harder it will be to resell. So you basically have to search for arts which are underappreciated in their first sale. I recently invested in a bunch of CumRocket NFTs, because I think those will go absolutely parabolic as soon as we have a good marketplace for BSC NFTs.
They're unique in that you know that they're coming direct from the creator and any attempts to sell fakes will be easily verifiable. That being said, a lot of different NFTs come in limited editions or even sometimes unlimited editions (usually free stuff.) So with the Kobe Bryant one, they sold that for just a few minutes and however many sold are what sold. Now there will be no more of that particular NFT ever made by that artist.
It's really slippery. There are ways around IP if you dramatically change the artwork or the context, but honestly even lawyers struggle to know what is and isn't okay. It essentially has to not compete with the original IP at all -- must be a dramatically different purpose, but even lawyers struggle with this one. I just avoid it to avoid any potential liability.
Crazy, it's digital art for that price. Almost anyone in 5 years will be able to replicate this art. It's an interesting development, who knows what's next. If you could get an oils paintings of some of the art, what price will it be worth... Alot more? With only one available... will be looking into this.
I know one artist who includes a canvas print of his digital art with your purchase. I’m just learning about this media as well. I’m dumbfounded for the most part. .. how do you appreciate digital art? Just have it on your phone/computer to look at ? Wallpaper? Screensavers?
Thanks for this video.....A question - I inherited quite a few paintings made by my mother Can I use these paintings as NFT's - I did not paint them (she did) but I do own them? cheers
@@scorus2537 exactly. No copyright needed to post and sell an item. But once you post it for sale it has a proof of work unique token 🤔 saying it's rare basically... When it's not rare.
thanks , I can,t wait to tell my son , hes a very creative artist on paper , id think he should find value and opprotunity to take a look into this and ply his skill set digitally . im subbing to to learn and enjoy more ! thanks again !
@@MattBorchert Thanks Matt, heck i went ahead and created something myself that is just a pretty cool still and made 5 copies on my commercial grade Dell laser 4 color , i made up a catchy trade name , signed , dated and numbered them , 3 on nice art stock and 2 proof copies , to figure out where the least gas cost will be to list them after i set up a wallet with some etherm in it , this is a bus that i'm not going to let leave at the bus stop like i let the bitcoin bus go by at 3.00 a coin and 10 , 20 and 50 , and now look at it , no sir , if i dont make anything from this golden bus'es coming thru here , it will be because i jumped on and got beat up and had to get off, noit because i missed the ride ! which presented its self thru you this morning on a curiosity , id never heard of this , and i have some creative ideas, and some rare things already looking for a avenue to find a new home . so thanks again and i'll be tuning in !
Open editions are sales that take place in a short time window. So a 5 minute open edition will allow people to buy that piece of art for 5 minutes, then when it is done, no more will ever be sold again.
I like your videos. You make some very interesting points. One question that keeps popping up. Wouldn't this idea/space (art NFT) make more sense if it were connecting blockchain and PHYSICAL art pieces? Like you say, it could turn out quite worthless down the road. This isn't a criticism of the space. It's just interesting
That is certainly happening too. I personally think we'll see fractionalized ownership of really important art pieces (physical) via NFTs. Sort of like owning fractional shares of a stock.
@@MattBorchert yeah let's keep an eye out 4 that. Again I like your videos. Great work. I like that you don't lead with your art. But I will definitely be keeping a close eye out for your pieces 👍
Quick 3 piece Question: In the Bull Run art work there's a (Bitcoin) & also in the Forever Mamba there's a (Lakers Jersey). •Do you need permission from these companies to put their Brand designs in your artwork ? •Are the Artists paid to promote these companies in the artwork ? •If So, how do you reach out to these companies?
IP law is complex, but generally speaking you need permission. You can contact companies by finding the contact us info on their websites (most of the time.)
I startet to go to Filmschool and decided to study VFX and not Film.. So i guess this was the right choice. I hope i found a way to share my Work i did so far. I just really need a kind of a Guide how this works as an artist itself. But yeah, this is lifechanging for Artist. I see big potential in this. Thank you very much for sharing this Video my friend! Regards
Artists need to be mindful about their content though. Legally and technically, you can't just make a Kobe Bryant art (or any other public figure) and sell it to the public without consent.
Like at 11:30 where the "artist" adds a bitcoin image into an image of a Bernini statue, "The Ecstasy of St Teresa of Avila." And makes 3 million? Seems wrong.
I'm still figuring out what this thing is about. The question is if everyone can go and look and enjoy this art for free, why do people buy it? Just to support the new industry and the artist? Why does the price go up? What brings the value to the particular art? What do I do with this art other than investment? Do I show it online to my friends and brag that I'm the owner of this thing? Or do I print it and put it on my wall like if it was a real painting? @Matt Borchert Thank you for the info :)
Learning how to turn my brother's art into NFTs & loved learning from you . Just wondered , is one allowed to show on different platforms at the same time ...? If so is it bad advice ...technology & crypto are sadly my weakest arenas so hopefully you at least get a laugh from any ridiculous questions . With love & gratitude xox
Hi Nadine. Yes, that should be possible! For example you could list on OpenSea and Rarible at the same time, although there will be a fee to list on both so do keep that in mind. I personally just tend to list on OpenSea right now, but once Coinbase releases their NFT platform, I'll make an updated video showing the most popular marketplaces.
Man!! my mind question here and I wish someone answer it to me, is, what makes to the owner enjoy the picture more that someone whom doesn't own it if we can actually see it on our screen...
@@Unknown_Touch_ I think this give us a clear picture of what BTC really is, never meant to be used as a coin as this art were never meant to be art that whom poses it enjoys, but still prety curious!!, whom "poses"it doesn't have nothing else than the rest of us with out "possessing it" as it's not a physical thing...It's really fascinating... If I have a Picasso you can see it online in high resolution or whatever, but only I have it on my wall, that is the mother of all photos, I can touch it and smell it and... Have it. I mean, I could have that same picture at the same resolution on my computer that the owner, right? Man!! It's fascinating!!
Its like a signed copy of a CD or a book. YOUR copy is a collectible unique item. Millions of ordinary books or CD's may be sold, content may be the same but that doesn't matter.
The Kobe and the Bitcoin examples used another's fame to sell the art. What if it was just a basketball player and a generic medallion... They'd probably sell but not in the same insane way.
Great Video! Just wondering ..are artists still allowed to show or sale the same works they sell as NFT' as physical objects during physical auctions( example: video Installation ). Thanks!
Whew, nice, i have made a lot of great glass art back years ago that i sold to collectors but i want to add trippy animated backgrounds to photos of the pieces sold ( trippy animated functional glass art NFT type thing) hope if gets traction
I can´t believe i just saw this, thanks Matt, this is a revelation worth more than all my sleepless nights, I´m getting on nifty immediately to put up my artwork that only seems to exist in the ghost of things...this is like poetry to my suffering
@@ZAPRandom Hello Zap, thanks for asking, delaying a little, I signed up and while setting up the account on niftygateway i hit a bump, to withdraw I either have to have a usa bank account or a gemini wallet, unfortunately because of my geographic location, Im in Colombia so we have to scratch out the usa bank account and scracth out gemini because they are not available yet in Colombia, so I hit a dead end with niftygateway, for now at least, perhpas in the future gemini will be available for Colombia
@@geoglobalsolutions Try other digtial art seller websites. Hopefully, you'll find one that allows you open an account. Best of luck for you out there, though! 👍
You’ll have to spend at least 5,000 - 10,000 to get 3D render technology and the shit beeple uses to make NFT art, plus some years of experience behind your back along with a decent approved authentic portfolio. To be able to sell your digital art on a virtual art gallery. Not just anyone can get into it😂 you can of course buy NFT if you have the money, but probably not the best idea. I’m sorry to be blunt but you can’t get extremely rich without hard fucking work for a long time, this would be extremely disrespectful to artist. With this cut and paste shit
@@Hexagonian finally someone said it 😑 everyone I have talked to about this says its a money grabbing art scam. I could take a picture of Kobe and sell it as an NFT 🤔 but what did I sell? The image I stole??
I'm kind of curious if there is space for an instrumental/game composer here. I just happened to stumble across this and have watched a few of your videos. It seems the music here is typically lyrical songs and also comes with visuals or a video to accompany it. I do a lot of instrumental work for game developers and some indie films and for the past 3 years or so I've been releasing free tracks on the side via Patreon. Have you come across any of these platforms that might have an opening in an area like that? The prospect of putting together a resource pack, so to speak, and running off a limited number of copies so only so many people would be able to use them in their projects/streams, etc. could be kind of cool. Great video, man. I really enjoyed it and this NFT artistic space really seems exciting. Definitely going to be looking for a way to have a presence somehow.
@@MattBorchert Thanks a lot for the reply, man. That's a pretty interesting looking project. I'm definitely burying my head in this more and poking around. I've subscribed and I'm looking forward to a lot more of this kind of thing. Many thanks again! Much appreciated!
I think photography and writing can still be digital art. Anything you can upload as a file with your signature, is a digital art. I think the critical factor is building a large fan base over time. Many of these five minute millions came after a decade of daily producing art.
hey matt thanks for d video can u pls tell me step by step process of creating an nft art and also how to buy already existing nfts with a low price so i can buy them. thanks
So excited to get into the NFT space! I'm a musician and budding digital artist, interested to see what can happen with music & art in this space. Thanks for the video.
So do you get any physical object for the purchases you made? I saw a video where a person who got the beeple bull received a whole physical ,package. I am confused as to whether it’s random or if you receive a physical object when you purchase (and would an artist selling need to produce all those objects- like beeple did)?
Most of them are strictly digital items, but in some cases the NFTs will come with physical items that the artist or marketplace will send out to the purchases. Also, NFTs can be used as a token for denoting who owns a physical piece of art. The technology is crazy versatile in that way, and people are still exploring potential use cases. In the video I showed a piece of art from Trevor Jones where one of the people who purchased the item will win a physical painting that he did. We're at the very beginning of this so it will be interesting to see how people leverage the tech in the future.
@@MattBorchert so what happens to the physical item if the original buyer sells it? Do they have to forward on that phyiscal item to the new digital owner?
@@nikg3392 Typically they are just no longer attached. One person will have the NFT and the other will have the physical item. It's certainly possible they could work out a deal for both, but I don't think that's too common. In the future I think we'll see more elegant solutions for this developed.
Very cool! Thanks for your opinions and info on the topic. Super helpful. What other platforms do you like or recommend? What do you think of Rarible? What platform should artists use? Should an artist focus on one platform or multiple??? Thanks again!
I put some stuff on Rarible and I like it. Very easy to use. The Etherium network fees are VERY high right now, but that will probably be the case until ETH 2.0 launches fully. As far as focusing on a platform or being on multiple, I don't think there is a right answer. If I was a very well established artist I'd be putting all of my effort into getting a drop on Nifty Gateway. After that I'd probably focus on Rarible. Makersplace is also super cool but I have minimal experience with it.
@@MattBorchert can i use all those platforms to sell my art? also, should I remove my art from other platforms after its sold....hmm. wait, i cant remove it from pinterest or internet. so i can only sell new works? many thanks.
@@MattBorchert was definitely a nice feature.. since you're here, I have about 1k+ in nft's at the moment but can't cash them out because I don't have a us bank and gemini won't take my card for some reason. Wouldn’t know a workaround or anything would you? my nft's are all on my nifty account.
You store it digital on a server or hard drive. Where else are you store digital art? I think, the only way to do a resale, would be through a internet connection. 😁
Follow me on Twitter: twitter.com/mattborchert Personal website: www.mattborchert.com Check out all of my NFT videos! ruclips.net/p/PLLLdsxUVpU8RXFWLdhCb5IEQZPVYj63d6
Did you cover how artist are promoting their work to drive customers to their NFT projects? That's kind of the most important thing for a new artist to know.
The world is changing! I'm glad to be part of that. I've made so much financial progress indulging in investing. Crypto currency is the evolution of money
@@MattBorchert I understand the value of Bitcoin and other digital assets. I own plenty. But an infinitely reproducible jpeg of video clip that has no functionality?
As first time investor i started trading with Mrs Ryan Jeffries,with just one thousand bucks. my portfolio is worth much more than that now within just one weeks of trading with her.
Trading and investments is all about caution and perseverance. Bitcoin is arguably one of the best investments now. I make huge profits on my investment since i started trading with Mr. Dani Emerson, his trading strategies are top notch coupled with the little commission he charges on his trade.
I used to have keen interest when it comes to trading dear but i was discouraged after i lost half of my savings including my stimulus i never knew how to trade and exit, i was being ignorant though.
@@jacksongeorge1673 That's definitely ignorance, they are good markets to invest in and with trading guidance you could have made more than your expectations.
As a first time investor i started trading with Mr. Dani with just a thousand bucks, my portfolio is worth much more that now within just weeks of trading with him.
@@markb.8460 from the article i have mentioned "1 single-edition NFTs energy usage is equivalent to an EU residents electricity consumption for 1 month, Flying for 2 hours, Driving 1000km, using a laptop for 3 years…"
Art Twitter is saying that these NFTs create a Huge amount of CO2 from all the electricity used During Minting and artists are not using NFTs for environmental/ethical reasons.
People were laughing about the guy who tried to sell the largest pepe the frog collection on ebay years ago cause "it's just digital art". Who's laughing now?!
Not the artist that originally created?! It was sold by someone who stole the shit from the net.
Go back to the chess club.
LOL
In two years they will be selling on ebay for a price less than $100
@@bertimusz4151 thats what everyone said about Bitcoin, people like you miss out on big opportunities and you will forever stay broke.
This some cyberpunk shit right here
True, true.
More like braindeadpunk
the future is now
The open window is a poorly thought through format. Thousands of tokens that are the same reduce the collectibility of a piece. Scarcity (because quality is prerequisite) is how these things will accrue value. This market is in a total bubble, and many folks are going to get burnt. This is also harming the future of the tech. I love Beeple (don’t we all) but again, the value of the work is hurt by the relatively large editions. This is akin to having a bad gallery manage your career.
I agree it's an imperfect method. So far my favorite is the raffle / lottery draw, which allows a smaller limit to be set, but also doesn't let the bots snag every single item. If you try to do a small sale of 10 or even 50, I'd have to assume all or nearly every item will go to a bot to be re-sold. It sucks, but that's the way it is right now. I'm not sure of a "perfect" solution, so I mainly look out for raffle drawings at the moment on Nifty.
For guidance.....
Wat's@pp
+>1..4..4..7..6..4...
I'm seeing a lot of people in this comment section who have no grasp on the concept of NFT's and seem to believe it somehow mutes physical art pieces in reality.
All NFT's are is unique proof-of-work receipts which we call "certificate of ownership" associate with a particular discrete data set.
Nothing more, nothing less.
No, "NFT'izing" your art doesn't mean no one else can "see" it. Yes, you can simply change one pixel by rgb(0,0,1) and it will generate an entirely new NFT. The value is speculative, which is nothing to ignore because speculative markets are entirely legitimate. You still need a backing market authority to verify that the NFT is an "original" or at least the original discrete data set (text, image, video, etc) which people "agree" is the "original", otherwise all you have is a very expensive cryptotransaction. The moment your NFT loses that market-backing you're shit out of luck.
@@mattborchert939 a fake
Yes, I was thinking, if I were an artist I wouldn't want thousands to own it, just a select handful - surely that adds value to each piece
Matt, you're my favorite Crypto Art youtuber for sure.. I'm may be getting my first drop prepared this week.
That's awesome Mitch, and best of luck on your drop! Take advantage of this period of time because who knows how long it will last, but it's so darn exciting to be a part of right now even as an observer like me.
For guidance.....
Wat's@pp
+>1..4..4..7..6..4...
@@MattBorchert i thought this will be good to hold now ppl are saying its a fad lol this the next pokemon card fad
@@sergf3624 Nobody can predict the future. I would wager a significant amount of money, however, that this technology is not a "fad." NFTs are not one in the same, there is no single IP or object. It's a technology.
Damn. I'm kinda excited to learn more and post some of my art. Might be worth some dough in a few years if my project takes off.
Definitely worth a shot in my opinion, best of luck!
Please do, I’d love to see it and maybe purchase if I can afford it lol
DO IT!!!! You have nothing to lose really! Best of luck to you!
@@landonm.533 besides the gas fees, etc. :D
@@perigosu8449 can you explain the gas fees?
Hey Matt, just recently learned about NFT. Thanks for already establishing a channel around the topic, Im eager to learn along the way with you guys. Subbed! Take care bro
Awesome, thank you!
@@mattborchert939 where's your ✓ at the end of your name buddy . Your a fake .
This is the new era of human kind. A new form of wealth is coming (or here). Be ready.
Wasn't in 5 minutes though. He works every single day.
Absolutely and a very very important point! The money made by these artists is often a reflection of many, many years of work.
Of course the art takes more than 5 minutes to create, he meant it sold in 5 minutes from the time it went on sale.
Overnight success often comes after a decade of hard work ;)
@@HypnoticHollywood ohhhhHHHH I see, my bad
This is so dumb. Lol buy NFT art...its a damn screen saver. Im make a screen saver on my lap top and sell for 2 million. U cannot hold the art or anything. Its just saved on ur phone. Lol i cannot believe the world is coming to this. We are buying things we cannot hold and touch. Im buying art and i dont know who made it or who owned it previously. Unethical.
you: im gonna buy nft to make huge profits
eth gas fees: Not today honey
As long as the same artist can keep making more art, the values are not going to stay very high.
That is basically the inverse of true. Think of any great artist in history. Does their art have value because they made only one, or because they had prolific careers full of great art?
Imagine when we live in a digital world , I feel like regular items will be Soo much more valuable than art.
You might want a new pair of digital clothes for your avatar , or a bucket , or a , sword etc , high definition , 3d models of regular items , will be the future in my opinion.
In the far future when we can live in vr.
why would you want to live in VR.
It’ll be like Gamer lol
@@Withnail1969 Cuz their really life blows so they gotta live in a fantasy.
I don't get it: does the artist have to have the right to use that image of Kobe Bryant?
Right...
Wondering if he owned the right...
I was thinking the same but my guess is that because we can't see his face and no logo for the team it is a grey area
Probably it is a 3D model
@@mastervsolo2373 interesting... btw, I don't think it's a 3d model, looks more like a very fine picture from Corbis or Gettyimages. Yesterday an "artist" called Trevor Andrew sold some illustrations with the Gucci logo onto Casper: again, wondering if the had the rights for those niftygateway.com/collections/guccighostopen
nft art is proof that society did alot of psychedelics
I think the people who heard about the internet for the first time said the same thing.
No offense but life is only going to become more digital and abstract in the future
Proof they have way too much time on their hands
@The Lone Journey an NFT is simply a Certificate of authenticity, if you’ll pay that much for regular art, now you can have the same confidence and control over digital art (which a lot of people such as myself actually prefer)
Pl2ö
Add me on Facebook to learn about NFTs & the Blockchain and the opportunity to EARN profit 🙏🏾
Iso Fundz
Bro, yall are insane! You buy a video game for $80, and it contains thousands of megabytes of this art, with interactive component. Now you're buying this for thousands of dollars!? This is probably ruining the sales of physical artwork.
You forget how much money a small amount of people have. People who buy high end art dont have time to play video games
I'm new to all this...it's interesting that what you show with Kobe is some kind of an animated GIF image, not just a plain rendering, it looks really great. GIF:s should be worth more than static images...
True, but I was just wondering how can you actually use them? Or is it just to hodl? :D
@@TheIlinca89
Well, you could upload it to a digital picture frame that can handle animated gifs...
@@TheIlinca89 For guidance.....
Wat's@pp
+>1..4..4..7..6..4...
The value of a art is in the eyes of the viewer
So actually is not right to say that or this should be worth more or less..
This is art
AMKK
So HYPED it will be over soon
When you say “very involved in the community” do you mean they were constantly posting artwork? Or they often talked about it on twitter?
All of the above really.
For guidance.....
Wat's@pp
+>1..4..4..7..6..4...
Nice informative video Thank you. Lots of love from Hyderabad, India 🇮🇳
Anyone else feels so creative and want to start drawing some lines at Microsoft paint 😂after seeing this video
I tried. I would probably have more chance at selling a screenshot of a Twitter post.
Me
For guidance.....
Wat's@pp
+>1..4..4..7..6..4...
So the more popular an art is, the more people will buy it, the harder it will be to resell. So you basically have to search for arts which are underappreciated in their first sale.
I recently invested in a bunch of CumRocket NFTs, because I think those will go absolutely parabolic as soon as we have a good marketplace for BSC NFTs.
I thought NFTs meant each artwork is unique. So how was the Kolby Brian one sold multiple times if supposedly there’s only one true artwork?
They're unique in that you know that they're coming direct from the creator and any attempts to sell fakes will be easily verifiable. That being said, a lot of different NFTs come in limited editions or even sometimes unlimited editions (usually free stuff.) So with the Kobe Bryant one, they sold that for just a few minutes and however many sold are what sold. Now there will be no more of that particular NFT ever made by that artist.
How dare you spell Kobe Bryant name like that....even auto correct isn’t that awful. 😡
@@brewcitybadazz4491 chill, she/he is probably not a golf fan
@@brewcitybadazz4491 I was just about to say.
You deserve my sub Matt. You just got me into this and I just can't thank you enough.
Thanks Martin!
How is he able to sell artwork with pikachu, buzz light-year and other characters on it, without infringing copyright?
It's really slippery. There are ways around IP if you dramatically change the artwork or the context, but honestly even lawyers struggle to know what is and isn't okay. It essentially has to not compete with the original IP at all -- must be a dramatically different purpose, but even lawyers struggle with this one. I just avoid it to avoid any potential liability.
someone will have to pay some fees in the future lol
Crazy, it's digital art for that price. Almost anyone in 5 years will be able to replicate this art. It's an interesting development, who knows what's next. If you could get an oils paintings of some of the art, what price will it be worth... Alot more? With only one available... will be looking into this.
I know one artist who includes a canvas print of his digital art with your purchase. I’m just learning about this media as well. I’m dumbfounded for the most part. .. how do you appreciate digital art? Just have it on your phone/computer to look at ? Wallpaper? Screensavers?
Thanks for this video.....A question - I inherited quite a few paintings made by my mother Can I use these paintings as NFT's - I did not paint them (she did) but I do own them? cheers
Yes.
I have a piece I want to sell but I’m not sure where to post it for sale
How are they getting around the royalty rights? Forever Mamba uses a photo of Kobe that the artist does not own or have rights to.
Cuz it's basically a money grab art scam
@@naconaco1 I don't know if the NBA or the Lakers will go after these people but technically they can. Seems like these guys are art pirates
@@scorus2537 exactly. No copyright needed to post and sell an item. But once you post it for sale it has a proof of work unique token 🤔 saying it's rare basically... When it's not rare.
I really enjoyed this video. The art work is beautiful!
thanks , I can,t wait to tell my son , hes a very creative artist on paper , id think he should find value and opprotunity to take a look into this and ply his skill set digitally . im subbing to to learn and enjoy more ! thanks again !
Best of luck to your son Dale!
@@MattBorchert Thanks Matt, heck i went ahead and created something myself that is just a pretty cool still and made 5 copies on my commercial grade Dell laser 4 color , i made up a catchy trade name , signed , dated and numbered them , 3 on nice art stock and 2 proof copies , to figure out where the least gas cost will be to list them after i set up a wallet with some etherm in it , this is a bus that i'm not going to let leave at the bus stop like i let the bitcoin bus go by at 3.00 a coin and 10 , 20 and 50 , and now look at it , no sir , if i dont make anything from this golden bus'es coming thru here , it will be because i jumped on and got beat up and had to get off, noit because i missed the ride ! which presented its self thru you this morning on a curiosity , id never heard of this , and i have some creative ideas, and some rare things already looking for a avenue to find a new home . so thanks again and i'll be tuning in !
Appreciate the thoughtful tour, looking 4wd to the next
Great video. so helpful! Can you explain, what does "open edition" mean on nifty gateway?
Open editions are sales that take place in a short time window. So a 5 minute open edition will allow people to buy that piece of art for 5 minutes, then when it is done, no more will ever be sold again.
I'm new in NFT but I recently use min table glassless but ,are you saying is better to sell on nitty gate?
that forever mamba was posted by bosslogic on facebook free to download last year
Yeah, I mean a digital image is infinitely reproducible. None of this is “rare.”
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Storage is a key issue. But right now its mostly speculative money flipping. Interesting to watch however as real art is used in a similar fashion.
I like your videos. You make some very interesting points. One question that keeps popping up. Wouldn't this idea/space (art NFT) make more sense if it were connecting blockchain and PHYSICAL art pieces? Like you say, it could turn out quite worthless down the road. This isn't a criticism of the space. It's just interesting
That is certainly happening too. I personally think we'll see fractionalized ownership of really important art pieces (physical) via NFTs. Sort of like owning fractional shares of a stock.
@@MattBorchert yeah let's keep an eye out 4 that. Again I like your videos. Great work. I like that you don't lead with your art. But I will definitely be keeping a close eye out for your pieces 👍
This way is easier when you are laundering money.
You wouldn't download a JPG! :D
Thanks for deciphering and translating a blessing. You are helping us to do this. May your path be also blessed.
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Are you planning to upload your work somewhere? If you do another video comparing different NFT platforms - that would be amazing 🚀
I don't know if you've seen this video, but I compare 4 of the larger platforms here: ruclips.net/video/vpdRNggUbi4/видео.html
@@MattBorchert Great! Thanks!
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Quick 3 piece Question:
In the Bull Run art work there's a (Bitcoin) & also in the Forever Mamba there's a (Lakers Jersey).
•Do you need permission from these companies to put their Brand designs in your artwork ?
•Are the Artists paid to promote these companies in the artwork ?
•If So, how do you reach out to these companies?
IP law is complex, but generally speaking you need permission. You can contact companies by finding the contact us info on their websites (most of the time.)
@@MattBorchert Thank you 👍🙂
I don't believe this will last very long, as soon as the price sinks will be like a spiral death
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I startet to go to Filmschool and decided to study VFX and not Film.. So i guess this was the right choice. I hope i found a way to share my Work i did so far. I just really need a kind of a Guide how this works as an artist itself. But yeah, this is lifechanging for Artist. I see big potential in this. Thank you very much for sharing this Video my friend! Regards
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Artists need to be mindful about their content though. Legally and technically, you can't just make a Kobe Bryant art (or any other public figure) and sell it to the public without consent.
Agree! completely...even the idea of characters should not be recreated and sold.... like spiderman artwork because the original creator was Stanlee
Like at 11:30 where the "artist" adds a bitcoin image into an image of a Bernini statue, "The Ecstasy of St Teresa of Avila." And makes 3 million? Seems wrong.
Yeah I was wondering about that. I'm sure his relatives could sure for royalties if they ever found out.
Awesome content! NFFT will be a great way to showcase NFT’s. you should explore it!
im glad the artist are getting their worth...I always wondered how so much skill is undervalued
I applied for an account at Niftygateway weeks ago and still don’t have my account... :/
Alpha Carbide are you serious?
I only have gmail and hotmail...
I am talking about an account to sell art...
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I'm still figuring out what this thing is about. The question is if everyone can go and look and enjoy this art for free, why do people buy it? Just to support the new industry and the artist? Why does the price go up? What brings the value to the particular art? What do I do with this art other than investment? Do I show it online to my friends and brag that I'm the owner of this thing? Or do I print it and put it on my wall like if it was a real painting? @Matt Borchert Thank you for the info :)
Thanks :) I enjoyed the way you explained it! Good voice too!
Thanks!
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I like the general idea of the nft, but these outrageous prices for most of what looks like bad clip art is crazy.
I'd look beyond current prices and focus on the potential that true digital ownership, controlled by no single entity, provides.
Agreed!
even the idea of characters should not be recreated and sold.... like spiderman artwork because the original creator was stanlee
how does alec monopoly get away with his art?
what digital wallet do you recommend for this ?
Basically everyone uses Metamask, although I'd recommend buying a hardware wallet like a Ledger in combination with it.
As a creator, what might we create to make sure it sells?
Things that will gain in popularity, either over time or immediately
@@mountainvalleymedia5836 be more specific
Make sure you build a connection with your fans. They'll tell you what they like, what they would buy, over time.
Learning how to turn my brother's art into NFTs & loved learning from you . Just wondered , is one allowed to show on different platforms at the same time ...? If so is it bad advice ...technology & crypto are sadly my weakest arenas so hopefully you at least get a laugh from any ridiculous questions . With love & gratitude xox
Hi Nadine. Yes, that should be possible! For example you could list on OpenSea and Rarible at the same time, although there will be a fee to list on both so do keep that in mind. I personally just tend to list on OpenSea right now, but once Coinbase releases their NFT platform, I'll make an updated video showing the most popular marketplaces.
Deepest appreciation for your rapid response . So much to learn , so many questions . I'll just subscribe to you for now . Love & gratitude always
Btw , as you probably expected , the cost hadn't crossed my mind . TY for that
Man!! my mind question here and I wish someone answer it to me, is, what makes to the owner enjoy the picture more that someone whom doesn't own it if we can actually see it on our screen...
@@Unknown_Touch_ I think this give us a clear picture of what BTC really is, never meant to be used as a coin as this art were never meant to be art that whom poses it enjoys, but still prety curious!!, whom "poses"it doesn't have nothing else than the rest of us with out
"possessing it" as it's not a physical thing...It's really fascinating...
If I have a Picasso you can see it online in high resolution or whatever, but only I have it on my wall, that is the mother of all photos, I can touch it and smell it and... Have it.
I mean, I could have that same picture at the same resolution on my computer that the owner, right?
Man!! It's fascinating!!
Its like a signed copy of a CD or a book. YOUR copy is a collectible unique item. Millions of ordinary books or CD's may be sold, content may be the same but that doesn't matter.
@@ozertayiz Yep i have a signed copy of Fleetwood Mac's Rumors and it's better than anyone elses whose isn't signed ;)
This might be a stupid question but, How do I go about buying an art piece on Nifty Gateway? I'm new to this NFT world.
You just create an account and pay with a credit card when a sale is live. Works the same as pretty much any e-commerce site. :)
Love gramatik! Miss seeing him live!
Hopefully we can be back to normal soon!
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The Kobe and the Bitcoin examples used another's fame to sell the art. What if it was just a basketball player and a generic medallion... They'd probably sell but not in the same insane way.
Great Video! Just wondering ..are artists still allowed to show or sale the same works they sell as NFT' as physical objects during physical auctions( example: video Installation ). Thanks!
Absolutely! The artist will always own the intellectual property for the work they create.
Whew, nice, i have made a lot of great glass art back years ago that i sold to collectors but i want to add trippy animated backgrounds to photos of the pieces sold ( trippy animated functional glass art NFT type thing) hope if gets traction
This is a powerful NFT video. Kudos.
I can´t believe i just saw this, thanks Matt, this is a revelation worth more than all my sleepless nights, I´m getting on nifty immediately to put up my artwork that only seems to exist in the ghost of things...this is like poetry to my suffering
How is it going?
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@@ZAPRandom Hello Zap, thanks for asking, delaying a little, I signed up and while setting up the account on niftygateway i hit a bump, to withdraw I either have to have a usa bank account or a gemini wallet, unfortunately because of my geographic location, Im in Colombia so we have to scratch out the usa bank account and scracth out gemini because they are not available yet in Colombia, so I hit a dead end with niftygateway, for now at least, perhpas in the future gemini will be available for Colombia
@@geoglobalsolutions Try other digtial art seller websites. Hopefully, you'll find one that allows you open an account. Best of luck for you out there, though! 👍
what's with all these bots posting?
Please how do you get publicity tho,like if yiu want to sell an nft how can you get alot of people to buy yoir nft tho
You’ll have to spend at least 5,000 - 10,000 to get 3D render technology and the shit beeple uses to make NFT art, plus some years of experience behind your back along with a decent approved authentic portfolio. To be able to sell your digital art on a virtual art gallery. Not just anyone can get into it😂 you can of course buy NFT if you have the money, but probably not the best idea. I’m sorry to be blunt but you can’t get extremely rich without hard fucking work for a long time, this would be extremely disrespectful to artist. With this cut and paste shit
Nice pick of interesting artists to share about. I really like the last art piece and style from Mad Dog Jones.
Bull Run is now up for sale at 123 fkn million Dollars.
Money laundering
@@Hexagonian finally someone said it 😑 everyone I have talked to about this says its a money grabbing art scam. I could take a picture of Kobe and sell it as an NFT 🤔 but what did I sell? The image I stole??
Thanks for sharing this information Matt
I'm kind of curious if there is space for an instrumental/game composer here. I just happened to stumble across this and have watched a few of your videos. It seems the music here is typically lyrical songs and also comes with visuals or a video to accompany it.
I do a lot of instrumental work for game developers and some indie films and for the past 3 years or so I've been releasing free tracks on the side via Patreon. Have you come across any of these platforms that might have an opening in an area like that? The prospect of putting together a resource pack, so to speak, and running off a limited number of copies so only so many people would be able to use them in their projects/streams, etc. could be kind of cool.
Great video, man. I really enjoyed it and this NFT artistic space really seems exciting. Definitely going to be looking for a way to have a presence somehow.
I think music has a HUGE role in the NFT space. Check out this project, it's absolutely insane: eulerbeats.com/
@@MattBorchert Thanks a lot for the reply, man. That's a pretty interesting looking project. I'm definitely burying my head in this more and poking around. I've subscribed and I'm looking forward to a lot more of this kind of thing. Many thanks again! Much appreciated!
@@DarrenCurtisMusic Of course! Best of luck on the adventure.
Arts is about its creator that determine the price.
Yep, if you are "unknown" in this NFT field of Art, you get nothing in relative terms.
I'm not talented with art. I am pretty good with photography, though, and I'm good at writing. Wondering if a person like me can be successful there.
Maybe
I think photography and writing can still be digital art. Anything you can upload as a file with your signature, is a digital art.
I think the critical factor is building a large fan base over time. Many of these five minute millions came after a decade of daily producing art.
hey matt thanks for d video can u pls tell me step by step process of creating an nft art and also how to buy already existing nfts with a low price so i can buy them. thanks
So excited to get into the NFT space! I'm a musician and budding digital artist, interested to see what can happen with music & art in this space. Thanks for the video.
I guess physical artwork is a dying thing
SAAMMME!!!
@@Qwijebo there are always going to be new avenues for creativity, and there is room for all
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@@mattborchert939 uhm....am I missing something
Great video. Really gives a decent grasp on the space. SUBSCRIBED! And bell rung!
what if BANKSY do a NFT art!?
exactly. the biggest artists.
It will happen 100%
excellent video my man. this just blew my mind
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When your btc is burning through your wallet
True, true.
All art is priceless.
So do you get any physical object for the purchases you made? I saw a video where a person who got the beeple bull received a whole physical ,package. I am confused as to whether it’s random or if you receive a physical object when you purchase (and would an artist selling need to produce all those objects- like beeple did)?
Most of them are strictly digital items, but in some cases the NFTs will come with physical items that the artist or marketplace will send out to the purchases. Also, NFTs can be used as a token for denoting who owns a physical piece of art. The technology is crazy versatile in that way, and people are still exploring potential use cases. In the video I showed a piece of art from Trevor Jones where one of the people who purchased the item will win a physical painting that he did. We're at the very beginning of this so it will be interesting to see how people leverage the tech in the future.
@@MattBorchert so what happens to the physical item if the original buyer sells it? Do they have to forward on that phyiscal item to the new digital owner?
@@nikg3392 Typically they are just no longer attached. One person will have the NFT and the other will have the physical item. It's certainly possible they could work out a deal for both, but I don't think that's too common. In the future I think we'll see more elegant solutions for this developed.
This can only be a good thing for the art community, right? It's a deep question, but I'm hopeful!
In my opinion, yes, this can only be a good thing for the artists.
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From what I’m seeing the get rich quick part of NFT is people just making smart purchases
a super talented artist is priceless!
True!
Very cool! Thanks for your opinions and info on the topic. Super helpful. What other platforms do you like or recommend? What do you think of Rarible? What platform should artists use? Should an artist focus on one platform or multiple??? Thanks again!
I put some stuff on Rarible and I like it. Very easy to use. The Etherium network fees are VERY high right now, but that will probably be the case until ETH 2.0 launches fully. As far as focusing on a platform or being on multiple, I don't think there is a right answer. If I was a very well established artist I'd be putting all of my effort into getting a drop on Nifty Gateway. After that I'd probably focus on Rarible. Makersplace is also super cool but I have minimal experience with it.
@@MattBorchert can i use all those platforms to sell my art? also, should I remove my art from other platforms after its sold....hmm. wait, i cant remove it from pinterest or internet. so i can only sell new works? many thanks.
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I’m not able to see the “price graph” for some reason
Yeah, they appear to have removed it. I enjoyed that, hopefully they will add it back at some point in time.
@@MattBorchert was definitely a nice feature.. since you're here, I have about 1k+ in nft's at the moment but can't cash them out because I don't have a us bank and gemini won't take my card for some reason. Wouldn’t know a workaround or anything would you? my nft's are all on my nifty account.
I don't get it... What's the point of owning it if you can view it anytime without owning it?
Imagine Pewdiepie start selling his videos on these sites. It would be crazy.
So what do the buyers do with the digital art? Assuming they dont want to do resale.
You store it digital on a server or hard drive. Where else are you store digital art? I think, the only way to do a resale, would be through a internet connection. 😁
Follow me on Twitter: twitter.com/mattborchert
Personal website: www.mattborchert.com
Check out all of my NFT videos! ruclips.net/p/PLLLdsxUVpU8RXFWLdhCb5IEQZPVYj63d6
Did you cover how artist are promoting their work to drive customers to their NFT projects? That's kind of the most important thing for a new artist to know.
Cool!
Does niftygateway charge eth gasfee each time you upload an nft?
Great video, big fan of this industry, big fan of this channel
Thank you, appreciate it!
The world is changing! I'm glad to be part of that. I've made so much financial progress indulging in investing. Crypto currency is the evolution of money
I agree :) the world is going digital same as money !
@@daviluis5713 yeah I make extra income over $3k weekly, investing,earning and holding cryptos. NFTs is the newest add 😊
@@daviluis5713 Yeah I'm 42 and that's my major plan to retirement. Hoping to get $5 million in 2 years then I can get a full retirement
@@ginnymiller2721 👍👍
@@ginnymiller2721 wow, so good figures! I have heard so much about making money through crypto. Hope it's not too late to start ?
1,900,000 artists bought NFT ethereum technology
Really hard to see the value here. Seems like speculation for the sake of speculation.
Right now we think primarily about value in the physical world. This will not always be the case, but it will take time.
@@MattBorchert I understand the value of Bitcoin and other digital assets. I own plenty. But an infinitely reproducible jpeg of video clip that has no functionality?
is there a market place where you can list your artwork for free?
.....$1000 screen saver...
Matt, have you been selling any of your work in this domain? Was wondering if I can sell some of my AV work - your thoughts
I make huge profit on my investment since i started trading with Mrs Ryan Jeffries her trading stratergies are top notch.
Wow...amazing to see others who trades with Mrs Ryan Jeffries, i am currently on my 5th trade with her and my portfolio
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This not the first time i am hearing of expert Mrs Ryan Jeffries and her exploits in the world of trading, but i have no
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As first time investor i started trading with Mrs Ryan Jeffries,with just one thousand bucks. my portfolio is worth much
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@@lindacool8870 reach her through her telegrm page.
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thank you so much for this video
The few artists in my social group that hopped in on this lost 25-50$
The artists should sell their artworks, right? How could they lost some money?
@@rizkiputradianindo938 By paying gas fees just to upload your art.
created a TCG of my own a while back. Now I'm going to mint the cards on an NFT platform. Keep your eyes out for a D20-MTG hybrid boys n girls
Millions of dollars for jpeg pictures,, Heading in right direction..
Trading and investments is all about caution and perseverance. Bitcoin is arguably one of the best investments now. I make huge profits on my investment since i started trading with Mr. Dani Emerson, his trading strategies are top notch coupled with the little commission he charges on his trade.
I used to have keen interest when it comes to trading dear but i was discouraged after i lost half of my savings including my stimulus i never knew how to trade and exit, i was being ignorant though.
@@jacksongeorge1673 Oucch!!!!! So sorry dear you would've seek for a professional trader for assistance.
So true pretty @Sarah, beginners always underrate the importance of a professional trader not until they start losing money.
@@jacksongeorge1673 That's definitely ignorance, they are good markets to invest in and with trading guidance you could have made more than your expectations.
As a first time investor i started trading with Mr. Dani with just a thousand bucks, my portfolio is worth much more that now within just weeks of trading with him.
I think you made the right choice buying the Genesis art.
this cryptostuff is terrible bad for the Environment
??? tell me why
Why ???
@@markb.8460 i cant reply with a Link, just google "crypto art environment" the first Link from medium is an article that explains it
@@cryptoartbob6575 its not just Crypto Art but Blockchain in general, it just uses a lot of energy
@@markb.8460 from the article i have mentioned "1 single-edition NFTs energy usage is equivalent to an EU residents electricity consumption for 1 month, Flying for 2 hours, Driving 1000km, using a laptop for 3 years…"
The great thing about this is that the creator gets credits forever. I started to upload my work at @t . Really excited about this new world!
Art Twitter is saying that these NFTs create a Huge amount of CO2 from all the electricity used During Minting and artists are not using NFTs for environmental/ethical reasons.