Breaking News
Investing Pro 0
NEW! Get Actionable Insights with InvestingPro+ Try 7 Days Free

This NFT art will cost more than all NFT avatar collections combined, a few hours left until the auction is over

Cryptocurrency Dec 31, 2021 04:00AM ET
Saved. See Saved Items.
This article has already been saved in your Saved Items
 
This NFT art will cost more than all NFT avatar collections combined, a few hours left until the auction is over
 
NOK
+2.81%
Add to/Remove from Watchlist
Add to Watchlist
Add Position

Position added successfully to:

Please name your holdings portfolio
 
TWTR
-2.97%
Add to/Remove from Watchlist
Add to Watchlist
Add Position

Position added successfully to:

Please name your holdings portfolio
 

Two days before Diogenes-Barrel's The Message auction on OpenSea ends on January 1, 2022. Regarding how actively the crypto community is spreading The Message, the picture of poop can easily surge in price to hundreds of millions.

As of December 29, four bids had been placed on The Message NFT collection for 0.105 ETH or $190 at spot rates on OpenSea, the largest NFT marketplace. The first bid of 0.05 ETH was placed before another bid, doubling the initial offer was set. Later, two bids of 0.105 ETH were then placed, according to details from OpenSea. Interested buyers can join in the protest as there won’t be second chances.

Diogenes-Barrel's preview of the current state of digital art resonates with other critics, explaining why the picture of his poop has been shared widely on Twitter (NYSE:TWTR) and across social media channels. He maintains that the image of his poop holds more value than all pixelated, boring art currently being auctioned in various marketplaces. His decision to upload "The Message", a 640×480 pixels photo he took in 2004 using a NOKIA 3660 (navy blue) in a public toilet of a bus station in Rybinsk, Russia, on OpenSea, was in protest.

"I lay down a challenge to all PFP avatar collections by auctioning a photo of my poop, which I took in 2004, in a public toilet of a bus station in Rybinsk. The picture is taken on a Nokia (NYSE:NOK) 3660 (navy blue); the photo's resolution is 640×480 pixels. I am sure that this photo contains more art and value than all artificially generated NFT avatar collections combined."

The Message is a challenge to spur truly gifted artists to step out of their comfort zone. Crucially, the collection's creator asserts that talented artists should differentiate themselves from marketers who are now minting thousands of boring auto-generated avatars that offer so little artistic value. Creativity has been significantly subdued by hiring freelancer mercenaries to generate, by a click of a button, thousands of quick artwork with predetermined scarcity.

Diogenes-Barrel believes that artists should be independent, inspired, and not profit-driven by choosing the least path of resistance like what most marketers are currently doing. These qualities allow them to create masterpieces that can stir debate and even draw criticism. In his view, real art comes naturally and accidentally. Because of this, art need not please anyone's eyes and ears.The NFT community believes that new artistic paths should be forged for sustainability. Otherwise, viral marketing of bland NFT pieces would crash the industry in the long haul. In a recent interview, Vitalik Buterin said NFTs should integrate real-world utility to survive a bear cycle.

Continue reading on BTC Peers

This NFT art will cost more than all NFT avatar collections combined, a few hours left until the auction is over
 

Related Articles

The future of DeFi is on TikTok
The future of DeFi is on TikTok By Cointelegraph - Oct 03, 2022

In July 2021, TikTok hit three billion downloads. The social network boasts more than one billion active monthly users. And, in the United States, TikTok is now more popular with...

Add a Comment

Comment Guidelines

We encourage you to use comments to engage with other users, share your perspective and ask questions of authors and each other. However, in order to maintain the high level of discourse we’ve all come to value and expect, please keep the following criteria in mind:  

  •            Enrich the conversation, don’t trash it.

  •           Stay focused and on track. Only post material that’s relevant to the topic being discussed. 

  •           Be respectful. Even negative opinions can be framed positively and diplomatically. Avoid profanity, slander or personal attacks directed at an author or another user. Racism, sexism and other forms of discrimination will not be tolerated.

  • Use standard writing style. Include punctuation and upper and lower cases. Comments that are written in all caps and contain excessive use of symbols will be removed.
  • NOTE: Spam and/or promotional messages and comments containing links will be removed. Phone numbers, email addresses, links to personal or business websites, Skype/Telegram/WhatsApp etc. addresses (including links to groups) will also be removed; self-promotional material or business-related solicitations or PR (ie, contact me for signals/advice etc.), and/or any other comment that contains personal contact specifcs or advertising will be removed as well. In addition, any of the above-mentioned violations may result in suspension of your account.
  • Doxxing. We do not allow any sharing of private or personal contact or other information about any individual or organization. This will result in immediate suspension of the commentor and his or her account.
  • Don’t monopolize the conversation. We appreciate passion and conviction, but we also strongly believe in giving everyone a chance to air their point of view. Therefore, in addition to civil interaction, we expect commenters to offer their opinions succinctly and thoughtfully, but not so repeatedly that others are annoyed or offended. If we receive complaints about individuals who take over a thread or forum, we reserve the right to ban them from the site, without recourse.
  • Only English comments will be allowed.

Perpetrators of spam or abuse will be deleted from the site and prohibited from future registration at Investing.com’s discretion.

Write your thoughts here
 
Are you sure you want to delete this chart?
 
Post
Post also to:
 
Replace the attached chart with a new chart ?
1000
Your ability to comment is currently suspended due to negative user reports. Your status will be reviewed by our moderators.
Please wait a minute before you try to comment again.
Thanks for your comment. Please note that all comments are pending until approved by our moderators. It may therefore take some time before it appears on our website.
 
Are you sure you want to delete this chart?
 
Post
 
Replace the attached chart with a new chart ?
1000
Your ability to comment is currently suspended due to negative user reports. Your status will be reviewed by our moderators.
Please wait a minute before you try to comment again.
Add Chart to Comment
Confirm Block

Are you sure you want to block %USER_NAME%?

By doing so, you and %USER_NAME% will not be able to see any of each other's Investing.com's posts.

%USER_NAME% was successfully added to your Block List

Since you’ve just unblocked this person, you must wait 48 hours before renewing the block.

Report this comment

I feel that this comment is:

Comment flagged

Thank You!

Your report has been sent to our moderators for review
Continue with Google
or
Sign up with Email