NFT’s bring hype, greed, and fraud; Creativity will suffer, says guest writer Doppelfoxx
by Dogpatch Press Staff
(Editor opinion by Patch): Cryptocurrency isn’t for me, because… (1) The energy use hurts the climate, (2) I wouldn’t try volatile trading without being highly informed, (3) I have no interest in heroin or hiring a hitman. That’s a popular stance among furries, but let’s not just be popular. One should know their enemy.
In theory, this blockchain technology is for decentralized exchange, kind like Paypal + Bittorrent for outsiders. In theory, I’d say it has some worthy use. Why? Look at Wikileaks, which did whistleblowing about governments — and was cut off from traditional funding — or even consider how to fund furries with identity and expression issues beyond borders. I also wonder if crypto’s energy use could reconcile with sustainability through computing advances, but ask a cryptographer. I’m not techie enough to understand the math beyond science fiction.
Basically, if you see blockchain tech covered by me, it’s from learning and putting things on record. Like its influence on the record highest fursuit auction, or the fandom’s only auction site. (I’ve never covered NFT’s.) Do you want it covered differently? Send a guest article! The following opinion piece covers NFT’s, another blockchain concept that isn’t interchangeable like currency. This isn’t vetted by a tech editor, so please use the comments for feedback. (- Patch)
The Furry Fandom, artist culture, and the dangers of Non-Fungible Tokens
Cryptocurrency isn’t a new thing to a lot of people. Most safely assume that it’s a common matter to discuss by now. From one trend to another, it seems like the over-publicized success stories, scam emails, and ads that badger you to invest or download this or that app never stop coming. Yet while furries are notoriously well versed in technology, for most of us, it’s just background noise. Spam, business con tactics, and maybe hearsay from the friend of a friend who invested; it all sounds almost good enough to break through our skepticism… but not quite.
However, early in 2021, things suddenly changed. A digital work from Mike Winkelmann (AKA Beeple), entitled ‘Everydays: The First 5000 Days’, sold for $69.3 million USD. It was entirely unexpected for most of the online community, and the term NFT exploded like crypto did before it.