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Discussing the essay funded via $ESSAY, Scissor Labels and Hyperpop fandoms with John Palmer, Kara Kittel & Toby Shorin (Other Internet) (Patreon)

Published:
2021-02-18 21:42:51
Imported:
2026-06
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  • Interdependence 38 - ESSAY.mp3

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Content

Scissor Labels Essay: https://j.mirror.xyz/RUeJfZEZxr-hkuzUCakQyUuf2kOJVMPPiAWBaQFhhqc

How it was funded via $ESSAY: https://j.mirror.xyz/uVGCCwwm3k341lPpxaJmHTZROESVse9Pe_rmbiuUAC0

John Palmer: https://johnpalmer.site/#/

Kara Kittel: https://twitter.com/karakittel?lang=en

Toby Shorin: https://tobyshorin.com/

Other Internet: https://otherinter.net/

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Comments

chal ravens

good ep! i'm catching up with the NFT stuff. the thing i still don't understand about NFTs, and particularly with this essay example, is why someone would want to own something that is somehow both the "original" version and also not protected by copyright? is it like selling the masters of your song but not the rights, simply as a piece of memorabilia, for example? and when it comes to the essay, John suggested a scenario in which the essay had been sold multiple times over a year and accrued value because it had been valued higher each time. but who would buy an essay that's already online? and why would it be worth more each time it was sold? i just cannot imagine the appeal of it other than, as John suggested, being able to say that you owned the first one. but why would there be another one?! i definitely don't want to shit on this idea out of hand but it just seems like pokemon for bitcoin millionaires rather than anything potentially radical.

interdependence
>>54180365

good q! First off, I think when talking about NFTs its good to establish that what we are seeing at the moment with these GIF auctions is one use case for the filetype, but generally this use case operates on a consensual core concept - the speculative idea that buying and selling the title to a work within the crypto ecosystem will be valuable. This is a big bet, but interesting imho. So, under this logic, why you would want to own it? I do think the reputational benefit of being perceived as a patron is one (same as trad artworld), and the big call that someone else would want to own it in future. So the exclusive ability to speculate on an asset in an ecosystem you believe will grow and become common is one major draw, that I agree is still up for debate. I’m also a little skeptical that the GIF auction environment will endure, at least at this pace. One of a kind ownership with NFTs will start making more sense when, as is happening in places like Ecomi, you are talking about game assets that can be ported from one game to another. There is already a massive industry for owning one of a kinds in gaming, and the ability to take those with you from game to game will work. I also think tying NFT ownership to real world licensing rights etc will start to happen, and there I also see many ways in which the ease of minting and managing rights online will be of real benefit to people. In the case of $essay, I think the ability for example to fundraise this way, and give rights to publishers to use the material freely, will begin to happen. It is very very early, but its quite interesting to see very classic forms of patronage emerge to pay artists, and over the next year or so we are going to see far more interesting use cases of NFTs and other configurations like DAOs etc that I think will start looking a little more like progress. I’m personally also excited to see what transpires when artist agreements are all legible online. I agree that the most high valued GIF sales rn are largely status games for crypto rich people, but that is just one (very loud and garish) corner of what is being built :)

chal ravens

thanks for the reply! i'm still sceptical about any model of sale or patronage that apes the art market, but i'm interested in what the other use cases might be... i'm not a gamer, though, nor a rich patron of the arts, so for now i feel as bemused as, apparently, most other people coming into contact with it. respect for making the case tho!

interdependence
>>54663484

that's fair, I think some of the GIF auction stuff is insane - although would still say there's a net positive in making the finances transparent, irrespective of how shocking it can be. I suspect that in the next year we will start to see some of these tools deployed to make strong financial agreements with people, new publications, new ways to pool funds to do stuff - its already happening amongst development communities and gets closer to what I'm excited about!