Blockchain landscape photography
Berlin is at the centre of the European blockchain scene. More than companies, including start-ups, major corporations, tech accelerators, innovation hubs, research institutions, and investors are actively addressing blockchain technologies here in Berlin, a city not only characterised by a very diverse and dynamic blockchain landscape. Berlin-based teams are actively developing core blockchain technologies. Originally developed for payment transactions using bitcoins to avoid the involvement of conventional banks, today's blockchain technologies have potential applications in a variety of industries.
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- NFTs – Landscape Photographers: Can we cut the bullsh!t, please?
- IPStock: Stock Images on the Blockchain
- About NFTs, Climate and Planting Trees
- Demystifying the Energy Blockchain Landscape: Technical, Economic and Legislative Aspects
- Blockchain for forest landscape restoration: FLRchain marries two brilliant concepts
- Understanding the landscape of Distributed Ledger Technologies/Blockchain
NFTs – Landscape Photographers: Can we cut the bullsh!t, please?
If you haven't heard of NFTs yet you may be in the minority. If you have heard of NFTs and still have no idea what they are, you are not alone. I am just scratching the surface of the world of NFTs and my thoughts on what they could mean for the future of photography.
In an effort to put these thoughts on paper, as well as share my experience so far with the process of joining he NFT community and ultimately minting my first NFT, I decided to do what I always do and write about it.
I know you have questions. Let me share with you a few of mine. Order yours today! Fine Art Limited Edition of Disclaimer: This article was written during my first two weeks in the NFT space. At a lot has changed since then and you can expect a follow up article in the future. A non-fungible token NFT is a unit of data stored on a digital ledger, called a blockchain, that certifies a digital asset to be unique and therefore not interchangeable.
NFTs can be used to represent items such as photos, videos, audio, and other types of digital files. Access to any copy of the original file, however, is not restricted to the buyer of the NFT. While copies of these digital items are available for anyone to obtain, NFTs are tracked on blockchains to provide the owner with a proof of ownership that is separate from copyright.
An NFT is a unit of data stored on a digital ledger, called a blockchain, which can be sold and traded on digital markets. NFTs function like cryptographic tokens, but, unlike cryptocurrencies like Bitcoin, NFTs are not mutually interchangeable, so not fungible.
While all bitcoins are equal, each NFT may represent a different underlying asset and thus have a different value. This cryptographic transaction process ensures the authentication of each digital file by providing a digital signature that is used to track NFT ownership.
Because of their unique identifiers, NFT are being used to secure digital certificates of ownership of artworks. Elevate your home with Aaron Reed's limited edition photography print, Shockwaves, from his Newest Work Photography collection. The benefits of NFTs apply to any artist who works online. Through their special encryption and ability to be traded, they provide greater security, profitability, and recognition for creators.
Since the internet emerged, digital artists have struggled to maintain sovereignty over their work. Images can be saved, mp3s can be downloaded, and pretty much any kind of digital file can be transferred at will into the private files of an individual. NFTs cannot prevent versions of your work from being saved, but they can act as a standard for determining and generating authenticity.
NFTs are created using something called block-chain encryption. This is a complex process by which the data that makes up a digital artwork is written into many randomized blocks of computer code. These blocks are quite large and, thus, impossible to replicate or duplicate. This means that online artists can now begin producing and selling their work as they would in the physical world.
The sense of uniqueness and authenticity created by block-chain encryption drives up the value and demand for digital artworks in ways never before possible. Before NFTs, there was little incentive to purchase online art unless you wanted it to be printed and mounted somewhere. Why purchase a digital image or a song when it can be saved via screenshot or downloaded from Youtube?
This, of course, is disrespectful and detrimental to the livelihood of creators, but a common occurrence nonetheless. NFTs redefine digital art as something unique and irreplaceable, like a photographic print or a painting. Now there is greater reason beyond morality to own an artwork as an NFT; digital media is no longer just a source of entertainment or stimulus, but a repository of value and an object of scarcity.
For the artist, this means more money to be made from each piece of art produced, and vastly increased viability for digital art as a business or career. Finally, NFTs are quickly rising in popularity which means that artists turning their works into tokens will have a great deal of visibility on digital marketplaces. As the scene develops, these platforms will become akin to real-world auction houses and galleries, providing artists with the representation, recognition, and compensation for their work they deserve.
While you may not have heard of an NFT yet, if this is your first time hearing about cryptocurrency, you should probably climb out from under that rock. A cryptocurrency , crypto-currency , or crypto is a digital asset designed to work as a medium of exchange wherein individual coin ownership records are stored in a ledger existing in a form of a computerized database using strong cryptography to secure transaction records, to control the creation of additional coins, and to verify the transfer of coin ownership.
Cryptocurrency does not exist in physical form like paper money and is typically not issued by a central authority. Cryptocurrencies typically use decentralized control as opposed to a central bank digital currency CBDC. The most expensive NFT sold to date was minted by Beeple and sold through Christie's at auction for 69 million dollars.
CryptoPunks , have also sold for millions of dollars including a masked alien punk that fetched If that looks like a pixelated JPEG to you, you can skip your next vision appointment because that is exactly what the buyer received in return for his or her purchase.
In my short time browsing around the platform and talking to individuals who are involved in the NFT Community, I feel like I have identified three common buyers. The first appears to be artists supporting other artists, which of course is applaudable and inspiring. The second buyer profile appears to be the big fish, making multiple, sometimes hundreds of large purchases that would make one think that they must have lost their minds, but I'm guessing if they had, they would be out of money by now.
Further investigation leads to speculation and rumors that these buyers have somehow come into possession of large amounts of ETH at little or no cost to them, which they are now spending on those who have large followings, or who work diligently to further the NFT community and cause. The third are those who are simply having fun and trying to turn a profit along the way. The answer to this question is the one I find most thought provoking. You have to remember that I am a nature photographer, who makes his living selling tangible artwork that sells to collectors all around the world.
The people who purchase my work are doing so because they enjoy the work itself and enjoy displaying it in their homes and offices. Sure, some may partially buy into me as an artist, or with hopes of their investment increasing in value but at the end of the day it is for the love of the artwork that I am being rewarded and feel good that I am providing them real value in return.
My concerns for photographers in the NFT community surround the struggle that some will ultimately face when it all comes crashing down. I'm not referring to NFT's themselves, I think those are here to stay. I am referring to the buyers. Building and maintaining a thriving art business is quite difficult. It requires a constant stream of both new and recurring clients to maintain any level of success. When supportive, buying, fellow community members begin to thin out and the big fish cash in their digital chips and bounce, there simply won't be any average people willing to fork over their hard earned money for a digital file that anyone can right click and save to their computer.
The value of your Jpegs, both to the community and to the consumer market at large will dry up completely. Because of the current design of the community with artists propping up fellow artists, there is a whole lot of shilling going on.
There are large numbers of people speaking about their lives being changed forever because they sold a photograph for 3 ETH, making the life they have always dreamed of come true or talking about quitting their day jobs after a few successful sales. Maybe these are younger people with lower costs of living. I just hope people think clearly before making a life changing decision. There are absolutely exceptions to this, like my very deserving friend TJ Thorne who sold out an entire collection of NFT's created from a four year journey photographing moving water in just three hours for over k.
I have added additional information about this topic from TJ below, who is far more experienced in the subject and shares some great information. This is the type of real world support, of truly talented artists, that I would like to see more of, that I feel could build up and advance the entire platform. To continue to thrive moves need to be made to begin providing real value to new clients outside the NFT community.
Purchasing a lackluster photograph from an artist as a reward for simply helping propel the cause forward is helping nothing but the cause itself. Is is not a sustainable business practice. Transform your space with Aaron Reed's limited edition photography print, Lake of Fire, from his Iceland Nature Photography collection. Cryptocurrency and NFTs are swirling with controversy, filled with what ifs and full of hidden dangers lurking in the shadows.
The energy used creating ETH is constantly under fire in the media, despite the rumors of cleaner sources of mining and minting to come in the near future. While I will be the first to admit I don't spend too much time obsessing over my carbon footprint, I was scratching my head reading about the potential negative effects on the environment.
As the government continues to investigate and form new laws regarding taxation and any other number of financial costs associated with NFTs, many who have been living it up in the digital world will find themselves in very real trouble in the physical one.
I also read a number of tweets from members of the community speaking about taxes and the IRS like it didn't pertain to them. One person even suggested that the Jpegs they were purchasing were a tax write off!
There is one thing I know without a doubt. The IRS will be taxing your earnings, just as they do any other earnings you receive and you will ultimately pay them.
If you honestly think buying a Jpeg online is a business expense, please do yourself a favor and consult an actual tax professional. Yes I did. This is the official collection of Aaron Reed Photography NFT's I minted prior to giving any of this much thought, simply because I wanted to participate in something that seemed like it may be a valuable and interesting new platform for photography in the future.
I made an attempt to offer something truly rare by minting images that have already proven their worth will real world value of over k each.
After spending two weeks on Twitter, learning about NFT's and being part of the community, my thoughts began to change. Participating was also exciting and the community aspect very refreshing. After a few minutes I sold my first NFT! I was truly excited to sell one, not because of the money but because it was new and exciting. Then I sold 4 more!
Then 8 more! In less than 24 hours I had sold out the entire collection of 36 NFTs! What just happened? My first collection Laws of Abstraction sold out in 24 hours.
I am not marketing this collection in the same way I did my last project, allowing it to grow organically. There are many things I enjoy about the NFT space, but shilling my work constantly is not one of them. If that fact keeps me from landings sales, so be in. I must admit some of my skepticism of the community and NFTs themselves was unfounded.
The community itself is actually quite inspiring! I still believe this platform can become something more than what it is currently.
IPStock: Stock Images on the Blockchain
We live in an incredible time — where we have access to the most amazing scientific breakthroughs and digital resources that have ever been known. That was the premise I was given a while back — and I have to admit, I found it very interesting at the time. Of course, as professional photographers, we want our images to be seen by as many people as possible, and ultimately make a living from producing them — so any additional revenue stream can look attractive, let alone one that requires relatively little effort to build. Until, that is, two things smacked me in the face as I dug deeper into the process itself:. And yet we carry on to the next location seemingly South American countries are quite attractive right now who are willing to offer up cheap fossil-fuelled data centres to mine more and more digital currency.
About NFTs, Climate and Planting Trees
Photo "Bitcoin coin on field landscape background, cryptocurrency and blockchain concept" can be used for personal purposes according to the conditions of the purchased Royalty-free license. The image is available for download in high resolution quality up to x Upload Date: Feb 12, Editorial Use Only. Bitcoin coin on field landscape background, cryptocurrency and blockchain concept — Stock Editorial Photography Save Share Sample. To download this image, create an account Sign up with Google Sign up with Facebook. By clicking on Sign up, you agree to Depositphotos Membership Agreement. Bitcoin coin on field landscape background, cryptocurrency and blockchain concept — Photo by artjazz. Similar Royalty-free Images:. See more.
Demystifying the Energy Blockchain Landscape: Technical, Economic and Legislative Aspects
Ok ok — we get it. Hear us out though: this is a real question, from us to you, the reader. The outcome will either be great or terrible but either way it will be fun. If you are interested in this topic, the comments also include links to further reading on some of the positives and indeed some of the risks of getting involved in NFTs, not least the potential environmental impact. A jpeg.
Blockchain for forest landscape restoration: FLRchain marries two brilliant concepts
Cryptocurrencies are a fairly new phenomenon that have taken the investment world by storm, offering alternative options for people keen to see their financial pots grow. However, knowing which digital currency to buy into - especially with over 3, to choose from - can be tricky and time-consuming doing all the research before deciding where to drop your cash - if at all. To help more people understand the current cryptocurrency landscape, virtual office provider, Rovva , analysed where in the world is leading the way in terms of funding for innovative forward thinking companies in this space, which firms are the main beneficiaries of this funding, the explosive growth in the amount of companies being formed each year since Bitcoin was founded, and other valuable industry insights. The survey revealed that 21 per cent of those questioned agree that cryptocurrency will eventually replace existing traditional forms of currency. However it also revealed that 61 per cent admitted to not knowing how blockchain technology actually works. Additionally, 17 per cent have now invested in some form of cryptocurrency , with 66 per cent of those who have invested having made money.
Understanding the landscape of Distributed Ledger Technologies/Blockchain
As an NFT, photography As an NFT, photography checks all the boxes: it verifies ownership, creates uniqueness, and rewards creators with lifetime royalties. The introduction of the photography NFT marketplace has changed the way we think about photography and its storage. A few years ago, physical photographs were all the rage. Anyone can photograph your hardcopy photos and use them however they want, but you retain ownership of the image. As the world became more digital, picture ownership became more contested. The original owners of the photographs received little or no credit for the photographs they took or owned. NFT marketplace for photographers aims to address this issue.
This week on the podcast I was joined by Brynn Schmidt , Alex Noriega , and Alex Nail to talk about the most controversial and divisive topics in the landscape and nature photography community at the present moment - NFTs. In today's episode, you can expect to hear four adults have a very respectful and cordial conversation and debate about NFTs which has been sorely lacking from social media as of late. You can also expect to learn quite a bit and gain some perspectives, no matter what side of the argument you find yourself, or perhaps gain a better understanding if you don't find yourself on one side at all.
Non-fungible Tokens NFTs are a way to create and sell unique digital images using new blockchain and cryptocurrency technologies most commonly the Ethereum platform. Sounds great, right? Not so fast. And all that computational power equates to a large carbon footprint, leading to negative environmental impact - not good. There are cleaner alternatives, but today these have smaller communities with less valuable currencies.
Use Adobe Acrobat Reader version 10 or higher for the best experience. The research has been carried out using a mixed methods approach involving a focused review of the literature, in-depth interviews with experts from public and private organizations, and an internal workshop. Although it is too early to consider standards related to technical aspects, standards can potentially play a role in the following areas:. Advait Deshpande , Katherine Stewart , et al. RAND reports present research findings and objective analysis that address the challenges facing the public and private sectors. All RAND reports undergo rigorous peer review to ensure high standards for research quality and objectivity.
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