Crimes Against Art hosts Michelle and Isobeldiscuss their most loathed topic, NFTs. Joined by special guest star Justyne Allen, a practicing artist who is chronically online, Michelle and Isobel begin their deep dive into the scam that is NFTs. In the first of this two-part series on NFTs, Michelle explains how NFTs work. Isobel tracks how maths has gone too far and infiltrated the art world, to horrifying degrees, including the creation of the word ‘phygital’. Justyne critiques the artistic value of Beeple, and reminisces on Neopets and Stardollz, the true origins of online trading. Stay tuned for next week’s episode which further explores the outright criminal behaviour of the blockchain.
(00:00) Introductions
(2:03) To clarify NFTs (derogatory)
(3:16) That is where libertarianism gets really lame
(7:48) The scam of NFTs, you may as well buy a star
(10:24) Why NFTs are so good for committing crimes with
(10:45) NFT as explained by Tumblr
(13:11) The infiltration of the art world by NFTs
(18:53) The lesson we should have learned from Neopets
(20:50) Museums collecting NFTs
(25:40) Beeple is just some guy
(29:02) The absurdity of NFTs and their energy consumption
(33:58) Phygital
(38:25) The good news story, the absolute devaluation of NFTs
(41:10) Don’t bring Frida Kahlo into it again!
(44:50) How the Uffizi got scammed by NFTs
(46:28) Damien Hirst enters the scene
(51:23) Hilma af Klimt deserves better than numbers
(54:00) Bored Apes
(58:40) All NFTs are unfortunately treated equally
(1:02:14) Murakami and thinking about NFTs
(1:05:08) Concluding thoughts
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