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Tattooing and NFT | EP 1

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nft expressed support for newfangled engineering as we all know and that’s what the issues of this podcast line “re gonna be all” what’s up fungible so we’re just write up paroles now hey shocker bras welcome to the fireside my word is jake always a pleasure to be here with you i am aware of you tuning in this is a brand new series that i’m pretty excited about we have all for the last several years been hearing a lot about uh bitcoin i think was the first call that we heard in cryptocurrencies in general and blockchain engineerings and metaverse and and now “the worlds largest” recent one that we’re hearing so much better about particularly in the in the artwork world are uh is nft non-fungible token but before we dive into the series i want to tell a immediate story a few years ago i would say maybe 2017 2018 i was listening to a podcast a engineering podcast and there was a guy mentioned eric something that was a guest on the podcast who had a company announced vatim v-a-t-o-m it was short for virtual atoms and so he he imparted this kind of case study of what his business was doing and the um the precedent that he applied was you are at a um an contest a fete something and you deliver the samuel adams tent or budweiser tent and they have this little interactive epitome on their telephone that there is an opportunity shoot to your phone and it’s a bottle of beer so it’s a samuel adams bottle of beer and you can shake it up and you can you know turn it and do whatever and it moves and it interacts it may warm up or something like that and so maybe you have to go to another booth and get a little mini fridge or get a koozie or something like that so that you can cool it back down so you kind of gamify this small um epitome this little interactive persona that’s on your phone now then you can go to say a diner or a disallow and make this little image on your telephone and shoot it to the bartender and exchange it for the purposes of an actual brew right so it’s kind of like a bit entertaining digital certificate for a free brew but it’s more than that you could also if you’re not a beer boozer maybe you could transactions it or sell it on a third-party mart so perhaps you don’t cup beer but you do booze coca-cola so you could transactions it to your friend for a coca-cola uh interactive image or what really determines this interesting is perhaps 99 out of 100 of these little uh personas are are worth a bottle of beer but the hundredth one when you shoot that over to the bartender it’s actually worth a occurrence of brew or maybe it’s worth a year supply of beer or a errand to the samuel adams brewery where you could keep for a weekend and they put you up in the in a inn or something like that so you gamify it where you don’t really know what the value of this thing is and it was called a vatim a virtual atom a couple months ago i realized that that is an nft it was just kind of the first copy of that and we mostly time generated it a dumber honour so quickly forward back to today i’m moving through instagram watching all of these craftsmen doing nft descends and i recognize that some of these people are my friends so i reach out to them to see if they’d be willing to participate in a series on nft’s blockchain cryptocurrency and how it’s all related and just share their knowledge on what the technology is how they are putting it to use kind of some speciman studies on what it was like to go through their first nft remove how they did it how they buy nfts or how i might buy nfts all that kind of stuff so we’re going to go into all of that throughout this serial in this first incident we’re just going to kind of get our foot humid we’re going to define in layman’s words hopefully what these nfts actually are what their possibles are and a little bit of how these masters are of the view that uh that they may be used in the skill world sort of going forward so without any further babbling let’s jump into this bout and uh hope you enjoy it i mean the first thing i ever heard about was bitcoin like most people and so then i started to look into cryptocurrency and then what supremacies cryptocurrency is blockchain technology so then you kind of have to dig into that in order to understand each element of what you’re looking at and then nfts are really exclusively more recent the past like few years um but so from from from bitcoin um you are familiar with like everyone i didn’t get it at first i was like okay this is weird it’s just some other path is payable for material like dollars act penalize um but and then formerly i understood the underlying engineering and the proposition the whole like white paper behind why bitcoin was created i i i had an epiphany moment you know i had that like usual aha moment where i was like oh my god this could potentially be progressive actually for the space human being transact with each other with the whole crypto thing that that i got uh into back in uh early 2012 before everything exploded but the nft infinite well didn’t uh i kind of about three months i’ve seen it coming about over the last time and explore the possibility it and material but i was so involved in the crypto cavity time on the financing line-up of it that i was like all right i don’t have the intensity to start researching something entirely new i don’t know how it works blockchain is essentially information and communication technologies that allows for you are familiar with protected and decentralized records of transactions without needing a third party you know decentralizing being a big buzzword now and without need a third party being like certainly the big-hearted kicker now on what makes a blockchain technology a blockchain so this reaches it pretty much difficult and possible to change any data supplied by the blockchain you can think of a blockchain like exactly a long ledger of things that happen that’s public and that everyone can see and because everyone can see and technically everyone various kinds of owns a bit of it that that’s what realizes it impossible to reform without it being supported on another like node essentially kind of related to internet 2.0 in a feel um and that’s that’s always the best method i could explain it um i retain year ago 80 s 90 s when everybody had dial up and all of that nothing understood the internet nobody understood uh any of that and and we looked at and everybody wishing they invested in the internet or got in early and did all of that and so i understood um as i was getting into crypto and started researching all of that more and more i realized that’s the gesticulate of the future as far as looking at it it’s bigger um than the internet in a sense because it involves so many other things um whether it’s the economy um you are familiar with time currency like um everything the internet uh whether it’s mortgages on residences like there’s just so much uh moving percentages to that entire thing so i understood in a sense it was as big as the internet was back in the 80 s and 90 s so then when it comes to nft sense non-fungible sign uh you that the opposite of so like a a bitcoin would be a fungible clue is that right like because there’s nothing that separates one bitcoin from from another good-for-nothing that sees one distinct from another what builds it non-fungible is that it is distinct from a another uh gang okay yeah yeah so how the nft relates to to the to the blockchain it it is a a measurement a an entry in that record on uh on the blockchain but it is unique in what mode well so yes so nfts came from the behavior i understand them came to be because of blockchain engineering enables nfts because the nature of what blockchain is it’s a way of like permanently and publicly recording every transaction that happens so it’s trustless you don’t there’s no middlemen and there’s no trust involved because it’s publicly and permanently recorded and that data that’s recorded is shared among every single computer passing that network or running that blockchain so there’s a sense of immortality and a gumption of uniqueness that enabled nft engineering to even be a thing in the first place so here i am thinking nfts you know it’s it’s it’s mostly like a bit cookie of data um and that like that individual you know bunch of collection or cookie of data is unique and different from every single other possible start of data or little cookie of data oh yeah so it’s mostly like a digital collectible in a way um the same way parties might hunt for like the rarest beanie child you know and there’s only like one or two of those in that that were every “thats been” ever moved in a beanie newborn factory you know it’s the same thought really requested to digital data yeah i imply i think that uh one of the things that really interests me about the nft trash is it’s basically going to get rid of the library of congress you are familiar with back in the date you are able to send in like epitomes to the library of congress and then they you know they would basically say okay these are copyrighted at this extent we don’t even need that anymore you can make an nft of your artwork and that’s mostly is evidence that that’s your artwork so i assume that down the road we will simply be creating nfts of our artwork just as a as proof of the fact that that we own it uh you are familiar with and of direction if you wanted to sell it past that time or loan it out or whatever or license it then undoubtedly you can do that but precisely time being able to copyright your work is pretty amazing i had a buddy of mine who was a great client and a good friend of mine and he had messaged me and um said hey do you ever think about doing nfts and i was like i looked into it but i have no idea and i’m so busy and all of that um perhaps we could jump on the call and you can explain it to me and so i got on a ask with him uh precisely short of three months ago and uh he’s a computer programmer uh software engineer all of that so he certainly understands the tech room the smart contracts the coding all of that so he started to explain it and i was like okay um so he took about an hour he clarifies all is me and then i was like so you kind of entail like this and he’s like no i was like okay explain it to me again we went through and i was like okay well what if i did something like this and then he’s like no and so after about three or four of those i finally it clicked and i was like all right i kind of get it now because it’s completely decentralized it takes supremacy away from central universities which the majority of members of us don’t trust anymore or really downright don’t like anymore so um it’s peer-to-peer it’s decentralized it’s um more or less grassroots from the foot up at least in its original eyesight and scope and so that’s also what blockchain engineering is it’s mostly a acces of running the internet where it’s decentralized among all of us rather than coming through a centralized server like amazon entanglement business or like google analytics it bypasses big strong data mustering middlemen um and merely stirs it peer-to-peer like anyone passing a node or passing a gpu or a cpu become involved in it what what i think is going to happen down the road is all these all these regions that share images are going to basically compel those likeness to be nfts and register possession before you put them out so like you were saying we kind of lost owned of our artwork in any digital media or i’d say any digital media but any um digital visual media like you think about it like this like if i put it if you procreated a meme right and i shared this specify on my instagram and people laugh at it and think it’s funny then they start following me because they i have a bigger platform than you and then all of a sudden my digital money goes up because of something you created and i just screenshotted it and propelled it up on my um cast it up on my instagram so i think what’s going to end up happening in the future is when you create an image whatever it is there’s going to be a verification process across the board you’ll be able to of course i want i acquire what they’ll do is they’ll they’ll make it so you can of course make it open where anybody can share it or you can charge a big fee maybe it’s a penny each time person shares your list or you can sell it to someone you are familiar with for you know maybe you create a meme and someone’s like dude i wanted to go meme you know we’ll give you five thousand dollars for it you sell the meme to them and then they can use it on their programme but the cool thing is is like it approximately gives the ability back to the artist because when we create a piece of artwork these other stages aren’t able to build off of your backpack without your dispensation or without compensating you on some sort of level there’s that hypothesi of owning a fractional share of physical goods such as you are familiar with uh high-end autoes or you know collectibles and things like that i am aware the nft seat is not moving into that counseling aggressively that’s not the modern direction but it is utilizing the concept of an entity to own you know fractionalized shares of physical objects which what concludes the ideal nft very interesting is because while right now people largely see it as you know pictures of monkeys and things that you right sounds and save so parties thoughts the opinion of entities are quite ridiculous but this is kind of like the you know the early phase of the dot-com upturn where you know everyone’s like throwing those like certainly you know unspeakable gazing blog sheets and they’re playing with like you know html preparing like real funny on like myspace.com but once you start to become deeper and deeper in this world and we start to understand what information and communication technologies is and what we could really do with it um it’s gonna start to become more refined and time just like you mentioned you are familiar with making fractionalized shares of the mona lisa or you know tying these you know the idea of you own a physical good or physical resource or let’s say you acquisition you know a brand-new gondola like a brand-new lamborghini like a very high-end boasts vehicle and they give you this you know button of statu via nft so wherever you go in the digital opening you always have that badge so for some reason if you want to flex that medal and say hey i i’m a lamborghini owner but i’m not driving right now but you can see my medal is validated on you know their sketch or you know their wallet or them their sketch on the metal versus virtually that you know they’re confined to this so i think that’s what manufactures it even crazier as we are moving and even having once we have that metaverse discussion because it’s very it’s very new the present internet must be drawn up for massive data accumulating vast behemoth companies to just like get their hands on every part of data every piece of the information contained and claim it as theirs and then just sort of like hire it back to you you are familiar with basically um and so if you make them out of the picture and you as an artist or make sell or employ directly with your audience by selling them an nft on on an open beginning platform where anyone can go selling and selling an nft to anyone you know you’re giving that data that know that engagement immediately to your audience or your fan locate um and so it’s mostly making supremacy out of this giant like data mustering devil that is just trying to like sell it back to you basically you know they accumulate everything they know about you based on your act and who you say you are and then really sell my shares back to you you know so um you can actually empower yourself as a founder through nfts and sell that instantly to your gathering mostly hey thanks again for joining me for this very first episode of our tattooing and nft streaks episode two will put next week i’m gonna start working the expression discontinue from now on i’ve never truly done that before uh if you are not already make sure to sign up for our mailing list so you will be notified when that escapade proceeds live also heading over to firesidetattoo.com and understand what all we have going on there expressed appreciation for chaps as always for supporting what we do thank you to my clients and we’ll see you next week

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