After completing his Ph.D., Warnock and his family relocated to Vancouver, Canada, when he got a job at Computime Canada Ltd. Computime folded in 1970.
What is fungible ?
Reading: nft: NFT craze explained: What is it, why is it so popular and how to they work – Times of India
Anything you can swap with exactly the same value, such as money. What is it non-fungible ? A fungible asset is something with units that can be readily interchanged – like money.
For example, swapping a Rs 20 for two Rs 10 notes without losing any value. Non-fungible is an economic term that you could use to describe things like your furniture, a song file, a painting or a house.
So NFTs represent ownership of unique items like art, collectibles, even real estate.
Mahomes launching NFT business called ‘The Museum of Mahomes’
What is not to like about NFTs ? The large carbon footprint generated by the computing power needed for blockchains. The current high prices nifties fetch may well be a bubble.
Why own something anyone else can have? What are the post popular NFTs ?
Read more: Can You Use a Raspberry Pi to Mine Cryptocurrency?
NFTs exist for all kinds of videos, music, text, art even tweets. Art has seen some of the highest sales while in sports, fan con collect and trade NFTs relating to a particular player or team.
For example you can buy NFTs in the form of video highlights of moments from games. While these highlights can be seen for free, people are buying the status as the owner of a particular NFT, which is unique due to the digital signature.
NFTs are just a digital way of representing that transactional nature of art.”
“The art is just an avatar for value.”
A consultant for Ramírez-Mallis’ fart NFT agrees, and said he offered to help Ramírez-Mallis with some of the project’s technical aspects because he appreciated its “silly but necessary” criticism of the NFT phenomenon.
“By purchasing an NFT, you become part of the in-crowd of a technological novelty that masquerades as revolutionary but operates in the same tired old way of the existing art market,” said Grayson Earle, a friend of Ramírez-Mallis and creator of the cryptocurrency project Bail Bloc.
While Ramírez-Mallis and Earle admit that the digital art behind NFTs is often intellectually and visually fascinating, they take issue with how quickly they become far more about their price tag than their creative worth.
The piece, or more or less ‘exhibit’ was created in 1998, shortlisted for the Turner Prize, and exhibited in the Tate Gallery. It was then bought by Charles Saatchi for £150,000 and exhibited in his gallery.
In 2014, it was bought by German count Christian Duerckheim for £2.5 million ($4.3 million) at Christie’s London.
A British expert, Martin Kemp, having viewed the exhibit several times, claimed the bed had never been slept in. He cited the condition of the beds’ pillows and bed-sheets were not consistent with a person having slept in it.
Kemp is an expert on Leonardo da Vinci and a professor emeritus of art history at Oxford University.
NY Post-NYC man sells fart for $85, cashing in on NFT craze By Hannah Frishberg March 18, 2021 | 2:23pm | Updated
I would be crazy not to jump on that. Brooklyn man cashes in on NFT craze, sells fart for $85
The value of this art is all hot air.
A Brooklyn-based film director is simultaneously mocking and attempting to profit off the cryptocurrency craze for non-fungible tokens (NFTs) by selling a year’s worth of fart audio clips recorded in quarantine. “If people are selling digital art and GIFs, why not sell farts?” Alex Ramírez-Mallis, 36, told The Post of his dank addition to the blockchain-based NFT market.
In the last week 50,000 people bought $50,000,000 of Top Shot moments by far outpacing all other NFT platforms so it’s strong positioning means it’s probably at least the 1989 Upperdeck series of the junk wax era and possibly 1952 Topps baseball.
For its staying power I think you have to appreciate the market and marketing forces behind it. The digital moments are “printed” similar to cards and it’s a minor difference if it’s a refactor number to 499 or a top shot moment numbered to 499.
As an owner of either you hold the rights to neither as the NBA holds the rights to the moments and the photographer holds the rights to a baseball card picture.
Ts include highlight packages sold through NBA TopShot and When You See Yourself, the latest album from rock band Kings of Leon.
They are encrypted with the signature of the creator, which helps to prove their authenticity.
Alex Ramírez-Mallis, 36, is trying to capitalize on the craze by selling audio fart clips that have been made during quarantine.
The NFT is aptly named ‘One Calendar Year of Recorded Farts,’ so buyers know exactly what they’ll be getting.
One master file, recorded by Ramírez-Mallis and four friends over WhatsApp and lasting 52 minutes, is currently up for auction, with a bid worth $196 leading the pack with two days remaining.
The top bid for his 52-minute mash-up of farts is currently going for over $196
Additionally, individual and unique bouts of flatulence are available for approximately $89 a fart, or 0.05 Ethereum, a cryptocurrency.
Wikipedia confirms we are the oldest operating webcam. You can even see FogCam on Wikipedia’s list of oldest websites.
The Trojan Room coffee pot cam at the University of Cambridge came online in 1991. It was retired in 2001. A Cambridge computer researcher rigged a camera so that he would not walk across the building only to find an empty coffee pot.
The entire department used it. I was ported to the web in 1993.
Warning of the Week: iPhone Issued Emergency Security Update
- On March 26th, Apple pushed out emergency updates for iOS and iPadOS to fix a zero-day flaw in WebKit, the browser-rendering engine underlying Safari and other browsers that run on Apple mobile devices.
- The flaw lets a malicious website or web page spark “universal cross-site scripting” in WebKit.
You can buy the house and you can use financing or cash.”
Instead of auctioning the NFT with a home attached to it, he will sell the home and it will come with the NFT. (Although he’s also extended the online auction through June 1, in case anyone emerges who wants to buy it that way.)
“Whoever buys the property, gets the NFT transferred into their digital wallet,” he said. “They can then resell the NFT and earn money that way. Or, just hold. I’ve learned the crypto people like to hold on to things.”
What about that $20 million sale he was hoping for?
“I was hoping [the home] would create a frenzy being the world’s first,” he said. “But being limited to crypto buyers, you’re shutting off a big portion of the real estate market.”
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