Blockchain, NFTs, and Web 3.0

[Kamilah Hauptmann]

Thrad best read to the tune of Yakkity Sax:

American running "untraceable" service "designed to evade US sanctions" is charged after being traced

May 16, 2022https://t.co/6bi6Btchd9 pic.twitter.com/agU6Rw9pIx

— web3 is going just great (@web3isgreat) May 17, 2022

[fragment]

So was cryptocurrency a giant honeypot all this time?

[Kamilah Hauptmann]

I wrote about a bitcoin mining trend that isn't getting nearly enough attention.

Bitcoin miners/fossil fuel companies—they are increasingly one & the same—are buying portable generators, hauling in server farms in shipping containers & mining bitcoin right at the wellheads

— Jessica McKenzie (@jessimckenzi) May 17, 2022

thrad

[Kamilah Hauptmann]

Seth Green still exists:

Well frens it happened to me. Got phished and had 4NFT stolen. @BoredApeYC @opensea @doodles @yugalabs please don’t buy or trade these while I work to resolve:@DarkWing84 looks like you bought my stolen ape- hit me up so we can fix it pic.twitter.com/VL1OVnd44m

— Seth Green (@SethGreen) May 17, 2022

[JoeP]

Originally Posted by fragment

So was cryptocurrency a giant honeypot all this time?

If honeypots contributed to global warming, yes.

[Crumb]

Originally Posted by Kamilah Hauptmann

I wrote about a bitcoin mining trend that isn't getting nearly enough attention.

Bitcoin miners/fossil fuel companies—they are increasingly one & the same—are buying portable generators, hauling in server farms in shipping containers & mining bitcoin right at the wellheads

— Jessica McKenzie (@jessimckenzi) May 17, 2022

thrad

I love (hate) this part:


It is good for us to convert oxygen to CO2, because trees will convert it back to oxygen for you to breathe.

[Ari]

Originally Posted by Kamilah Hauptmann

Seth Green still exists:

I cannot stop looking at that ‘doodle’ as if anyone would find that interesting or worth anything.

It’s like kids playing at recess, trading cards and making up rules of an imaginary game.

[Kamilah Hauptmann]

Originally Posted by Ari

I cannot stop looking at that ‘doodle’ as if anyone would find that interesting or worth anything.

It’s like kids playing at recess, trading cards and making up rules of an imaginary game.

Some baseball cards might be worth something someday, I suppose.

[viscousmemories]

More on Seth Green's apeloss:

Seth Green’s Bored Ape NFT, which was set to star in its own animated show, was stolen through a phishing scam.

Green no longer owns the commercial rights to the NFT and thus the show cannot move forward.

��: https://t.co/Bdrw8qKhzi pic.twitter.com/MBO1XvLIML

— More Butter �� (@morebuttertv) May 24, 2022

[Ari]

Oh yes what a wonderful replacement to broken IP law where the current holder of a token is the no questions asked owner of its IP (part of the Bored Ape contract). I can’t wait for this bright future where the next Marvel movie is put on hold as Disney negotiates with HulkBusterNut69 for use of the IronMan IP.

BuzzNews

“I bought that ape in July 2021, and have spent the last several months developing and exploiting the IP to make it into the star of this show,” Green told Vaynerchuk. “Then days before — his name is Fred by the way — days before he’s set to make his world debut, he’s literally kidnapped.”

Well, now that you’ve named him, that’s different! The FBI needs to get involved before Green starts receiving ripped up pixels in the mail!

[Ensign Steve]

Originally Posted by viscousmemories

More on Seth Green's apeloss:

Seth Green’s Bored Ape NFT, which was set to star in its own animated show, was stolen through a phishing scam.

Green no longer owns the commercial rights to the NFT and thus the show cannot move forward.

��: https://t.co/Bdrw8qKhzi pic.twitter.com/MBO1XvLIML

— More Butter �� (@morebuttertv) May 24, 2022

That's not how IP works.

Originally Posted by Ari

Oh yes what a wonderful replacement to broken IP law where the current holder of a token is the no questions asked owner of its IP (part of the Bored Ape contract).

Oh for real though?

[Ari]

So on one hand Ugly Apes are said to be programmatically generated with a type of rarity mix and match system and one youtube lawyer I’ve watched has said programmatically generated art can’t be copyrighted.

On the other, the Bored Ape contract goes into specific details that all IP rights belong only to the cryptographically verifiable owner of each Ape and they will not make any changes to ownership themselves.

BAYC

iii. Commercial Use. Subject to your continued compliance with these Terms, Yuga Labs LLC grants you an unlimited, worldwide license to use, copy, and display the purchased Art for the purpose of creating derivative works based upon the Art (“Commercial Use”). Examples of such Commercial Use would e.g. be the use of the Art to produce and sell merchandise products (T-Shirts etc.) displaying copies of the Art. For the sake of clarity, nothing in this Section will be deemed to restrict you from (i) owning or operating a marketplace that permits the use and sale of Bored Apes generally, provided that the marketplace cryptographically verifies eachBored Ape owner’s rights to display the Art for their Bored Ape to ensure that only the actual owner can display the Art; (ii) owning or operating a third party website or application that permits the inclusion, involvement, or participation of Bored Apes generally, provided that the third party website or application cryptographically verifies each Bored Ape owner’s rights to display the Art for theirBored Ape to ensure that only the actual owner can display the Art, and provided that the Art is no longer visible once the owner of the Purchased Bored Ape leaves the website/application; or (iii) earning revenue from any of the foregoing.

[Kamilah Hauptmann]

from the account that brought you hits like "destroying a physical object makes the NFT I made to represent it absorb its value-essence" pic.twitter.com/3FUeEA8uFo

— Aaron Miller (@apage43) May 29, 2022

[viscousmemories]

She's in the news today.

Molly White is becoming the crypto world's biggest critic - The Washington Post

[lisarea]

Originally Posted by Kamilah Hauptmann

from the account that brought you hits like "destroying a physical object makes the NFT I made to represent it absorb its value-essence" pic.twitter.com/3FUeEA8uFo

— Aaron Miller (@apage43) May 29, 2022

Which Ayn Rand book is the one where someone smashes a sculpture they love so that nobody else can see it ever again?

(I don't really have a point here, I'm seriously asking because it's bugging me.)

[Ari]

Why Ape IP rights are meaningless, demonstrated by Dan Olson, as expected.

As far as APE NFT’s are concerned each one of these Ape’s is a unique item and different people may own the token to each individual Ape image. The background is also part of the individual NFT, making grey background ape a unique item from green background ape.

*If* it was possible for someone to own the IP rights to what is essentially the visualization of a bunch of dice rolls, they would be the IP rights to only the full still image, with that specific background, clothes and expression.

[Sock Puppet]

@Mr Area: The Fountainhead. I am ashamed that I knew that instantly.

[specious_reasons]

Originally Posted by Sock Puppet

@Mr Area: The Fountainhead. I am ashamed that I knew that instantly.

I was going to bet The Fountainhead, it fits with the architectural theme, and I don't remember that in Atlas Shrugged.

[Kamilah Hauptmann]

Renter loses half their security deposit after landlord puts it into Bitcoin

June 2, 2022https://t.co/SYK5SakUMD pic.twitter.com/QQPLVQpap9

— web3 is going just great (@web3isgreat) June 3, 2022

I'm sure the landlord had every intention of giving the renter $6000 had their gamble with their money gone in the other direction

— web3 is going just great (@web3isgreat) June 3, 2022

[Kamilah Hauptmann]

:dubble:

[Kamilah Hauptmann]

Animoon rug pulls for $6.3 million

June 2, 2022https://t.co/8tEB1b8ra8 pic.twitter.com/ZWy5SrQAkM

— web3 is going just great (@web3isgreat) June 3, 2022

[Kamilah Hauptmann]

Not the right thread, but probably funniest in here:



Three Panel Soul - San Francisco Parties

[Ensign Steve]

[viscousmemories]

The funniest part is the suggestion that the developers are the ones who rake in the millions from the products they create.

[JoeP]

Having just escaped from a project that was due to go live on 18 April, but was bumped by one or two weeks many many times, and whose latest go-live date of next week 13 June is now definitely not happening ... that comic could fit into a great many thrads here.