Did they? This tweet claims 77% went unsold.
News Official Star Trek NFT Collection Announced
- Thread starter David cgc
- Start date
Good.
I'd still like to hear some thoughts from an indie author on the plusses and minuses of using NFTs for publishing ebooks, as I mentioned earlier. Some comic book publishers including Marvel have done NFT releases of comic book issues of historic significance. But they usually cost around $8 while a paper reprint can be found for a cheaper price.
Kor
Kor
LOL!
*YIKES*
Besides the ecological impact, NFTs are a scam and they exploit FOMO, and addictions similar to gambling addictions.
NFTs are antithetical to Star Trek.
Star Trek depicts a post-scarcity society. NFTs create artificial scarcity.
What would the "Star Trek Communist" say about this?
LOOOL StarTrek.com deleted the article from the "Star Trek Communist":
Corporate hypocrisy:
I became a little caught up in it, some designs were attractive so I bought and saved them for that reason. I actually never played POG, though.
Oh no! You never know when a fad may come back your old junk could become someone's must have. Just watch shows like Storage Wars. They are always turning trash to cash.
I probably have about 50 or so squirreled away somewhere.
https://www.google.com/search?q=POG...qA0&bih=546&biw=1213&rlz=1CAEVJI_enUS936US936
That's hilarious. I think it shows that people are wising up to NFTs in general. The more and more announcements are made regarding NFTs, the more exposure and resistance they get.
LOL!
*YIKES*
Besides the ecological impact, NFTs are a scam and they exploit FOMO, and addictions similar to gambling addictions.
NFTs are antithetical to Star Trek.
Star Trek depicts a post-scarcity society. NFTs create artificial scarcity.
What would the "Star Trek Communist" say about this?
LOOOL StarTrek.com deleted the article from the "Star Trek Communist":
Corporate hypocrisy:
What is a FOMO?
I'm not an author (though I am a visual artist, which is the medium NFTs have most effectively infected so far), but on a technical level, there's nothing an NFT ebook can do that a central authority couldn't do better. You can't actually put an entire book into the actual NFT, just a line or so of text (and even if you could, the entire book would be accessible to anyone participating in the exchange who had a copy of the eBook's transaction history in their ledger, which defeats the purpose), so you'd still need a separate digital file of the actual book. And for it to be useful as a form of resale, that eBook would need some kind of copy protection on it, which would talk to some kind of central server to confirm ownership and unlock the file for the registered owner. There's no technical obstacle to reselling copy-protected digital goods, it's just that no one is interested for at least three reasons I can think of off the top of my head.* You could just implement such a system for customers to resell eBooks anyway, you'd have to in the first place, and that's where all the real business would be happening. The NFT would just be an extra flourish, but it's totally redundant, just a bit of technical theater to accompany the publisher or eBook store removing an item from your account and adding the same to someone else's.
*Why have the customer get money from another sale instead of the rights-holder? Why enforce arbitrary scarcity on a digital product where the marginal costs of creating a separate copy are zero (if you aren't an NFT-shilling psycho who wants to kill the most amazing thing about digital technology)? What happens if someone tries to resell something the original seller and copy-protection authority no longer has the rights to sell?
In today's news, the NFT for the very first Tweet ever made, initially sold for about $2.9 million last year, was put up for auction. It was listed at about $46 million, but the top bid (of seven) was $277.
"Fear of missing out." In this specific instance, it's about the technique of trying to boost sales by artificially limiting the supply or period of availablity for a given item. So, for instance, these crappy spaceships were only on sale for 24 hours, and there were only a few hundred available, so if you had any interest in getting them, you'd be made anxious and less likely to think rationally because you were only given a small window to buy one than if they were just available indefinitely and in infinite supply (like the similar little 3D spaceships in the "Fleet Command" mobile game, for instance).
Thank you for the definition. Never heard the term before, but I definitely have known people who are like that.
Ok fam!
Don't worry people!!
Star Trek NFTs are carbon neutral!!!
It's a fact fact fact!!!!
Everything is fine!!!!! And that is also a fact!!!!!!
Fear of missing out
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That number is referring to the unsold "Captain Packs" only. The "Admiral Packs" completely sold out. The "Captain Packs" only sold 22.5% of those available. But taken together, overall they sold 41.9% of the items available, leaving 58.1% unsold.
Yes, that's more unsold than sold, but... at $250 each, that means that the sale had just under $2.1 million of income generated in a 24-hour period. I have no idea what the breakdown is between "NFT bros" and Star Trek fans is, but honestly, Paramount probably doesn't care: money is money. They will get whatever their cut is for the sales, plus whatever licensing fee they're charging Recur for access to the Star Trek name and IP. My concern is that they won't see this as the "massive failure" the tweet claimed, but rather as just an influx of cash for very little outlay. They didn't get the full potential $5 million in sales if everything had sold, but a couple million isn't nothing.
I have no idea what kind of expenses Recur incurs as part of this; maybe the best hope is that between the licensing, and the less-than-stellar sales, it won't be profitable for them, and they'll end the agreement (if they have that ability legally).
Interesting to see that some of the current
"in the spirit of us all learning and growing together in these new spaces"
I'm starting to get the idea that Discovery writers just started writing the characters dialogue to match how the cast talks...
In other words, it's probably in her contract and she can't back out from supporting it. Parent company is using them as influencers. Also, I'm not entirely sure how not all of them can be harmful seeing as they all use the same basic process. An NFT is an NFT is an NFT! Same as a fish is always going to be a fish. You can't tell me it's suddenly chicken.
Or the actors are adapting the speaking pattern of their characters.
But I think in this case it's PR talk written by an ad agency.
Normal people don't talk that way.
Should I assume no one here bought any ships?
I can find, view, thousands of images of ships online. Why would I pay $250 to purchase ship images I don't even know, or haven't seen yet?
Probably overreacting but I got a bad feeling about this. Feels like one of those things we won't fully understand how badly it screws things up until it is too late to stop. Too late to stop the smiling salesmen from sticking their knives in our backs. I don't know...
Probably overreacting but I got a bad feeling about this. Feels like one of those things we won't fully understand how badly it screws things up until it is too late to stop. Too late to stop the smiling salesmen from sticking their knives in our backs. I don't know...
Even if you had bought a NFT you didn't buy a ship. You paid for a part of a blockchain that said you owned a JPG of a ship. It's like buying a star except you don't get the certificate that says you own a star.
No, you're not. it's justified. If anything, these companies are vastly overestimating the interest level in these things. They'll crash. It's just a matter of when. One could say that the companies such as Paramount that are partnering up likely don't even themselves know what they've gotten into. They're just following the latest trend, hoping for... something.
I actually have a lot of time for Green and Rapp, but the things they've tweeted are disappointing to say the least.
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