BEEPLE EXPLAINS: What is an NFT ?
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The Crew sits down with Digital Artist Mike Winkelmann AKA "Beeple" for a Q\u0026A about NFTs and the future of Crypto Art.

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Komentari
  • Jinsory
    Jinsory

    Basing off what I've researched while watching the vid, and seeing other comments - I've essentially made the conclusion that: Are NFTs a scam? We can't be sure. Are they harmful for the environment? If they're making something that does have a large (negative) effect on the environment, gain even more traction through really appealing means, then it very much is harming the environment the same way Bitcoin itself already is, and so this is just adding to that. Should you invest in NFTs? Idk, you do you. But you're just buying something that is worth ABSOLUTELY ZERO unless other people give it value. Sure, that's a given. But unlike real art, you're not just relying on the fact that you made a transaction with an art house to declare that you do have ownership to something, you're also hoping the whole system NFT runs on, always works. But! To be fair, that's also the case for Bitcoin, and honestly... The modern banking system in most developed countries. Whether or not you think this is worth it or not though, is up to you. I personally wouldn't pay $70 Million on something, risking that it ends up being worth $0 as soon as I finish the transaction. Note once more: This is literally just basing off what Beeple said in the vid, what I researched on the Internet, and the comments on the video. Please take with a large helping of salt!

  • William Scott Cook
    William Scott Cook

    What watch is Sam wearing in this video?

  • Kevlar88
    Kevlar88

    Swap to nuclear power and generating NFTs wont be a problem.

  • Duncan McRae
    Duncan McRae

    Frikin love whenever CC get beeple in their videos

  • Jonathan Unknown
    Jonathan Unknown

    Does that NFT framework run on solar power how long will it last and can you charge it.

  • psyphi407
    psyphi407

    That's just modern day money laundering.

  • Kickn Gravel
    Kickn Gravel

    NFTs ruining the environment !?! Don’t be an idiot.

  • Danica Templeton
    Danica Templeton

    I think the trouble that a lot of people have in understanding NFTs is that they don't really make that much sense anyways

  • PowWow
    PowWow

    What a waste of money. It's like you have so much overflow of cash you want to show off. It's modern/digital clout chasing. That's all NFTs are. Thanks Beeple for explaining! Congrats on becoming rich because of selfish upper class. I hope you use the money more effectively than those who bought your work.

  • Ishan Sadhukhan
    Ishan Sadhukhan

    I cant be the only one who noticed the amount of caffiene beeple drank in this vid

  • •Therese•
    •Therese•

    As an adopt me player, nft means not for trade i guess

  • Ethan Bridglal
    Ethan Bridglal

    Beeple got $69 million dollars. Beeple proceeded to buy 16 RTX 3090s

  • Ethan Bridglal
    Ethan Bridglal

    I just have to say man, I watch every video possible with Beeple in it, he just makes me happy bro.

  • Chris Foster
    Chris Foster

    ……….I understood 6 words!

  • The Ackinator
    The Ackinator

    Bitcoin and NFT’s are complete bullshit and it’s causing so much economic and environmental fallout but shit, quick and easy money for the individual so fuck the world and everyone else right?

  • C Bo
    C Bo

    like like like like like like like like like like like like like like like like like like WTF LMFAO! is it art or is it like art? is it nft or is it like nft? is it real or is it like real? are you you or are you like you? are those your ears or your like ears. is that your nose or is that your like nose hahahahahahahahahahahaha! this is spot. this is like spot. see spot run. see like spot like run. like give it a like break. like thanks for the like video.

  • Ignacio Nastasi
    Ignacio Nastasi

    this is not going to age well

  • Jasper Lane
    Jasper Lane

    So to me, this sounds like regular art but you can buy it digitally, after all, people already buy art with the hopes that it will increase in price.

  • $hervi
    $hervi

    The second he said that multiple people could own it I was out. Then that whole fucking thing makes no sense come in ;D

  • MrVipitis
    MrVipitis

    Owning fine art is actually investment and tax evasion. Owning digital art is not limiting And royalties on every sale going back to the artists is sadly not what is happening in the real world (only some examples). Two months later this sounds like a bubble. And it's based on ETH which will change massively in the future.

  • Io Amo
    Io Amo

    Watch Beeple boosting crypto That was definitely a great investment and even better marketing!

  • asteiner274
    asteiner274

    Wow, he is the best example for a Wisconsin accent. 'Yooper' and SE accents are a bit different, but his is somewhere between in between, and pretty strong.

  • Viruzzz
    Viruzzz

    What a joke. What do you actually own? You don't own the artwork, Anybody can go look at that. You just own a kind of signature, a signature that's worth nothing. Also why does this guy immediately pull his mask down and eventually take it completely off? What the fucks the point? He seems pretty freaking full of himself.

  • justOnerandomguy
    justOnerandomguy

    Beeple been on his grind for forever, good for him he got his bag, don’t necessarily agree with everything he says but respect nonetheless

  • Kartoon Kidz
    Kartoon Kidz

    I Find it odd he is not talking about the WhiteMamba page on Opensea. Any thoughts?

  • Megalo
    Megalo

    Guys is nft's roblox limited's?

  • KM Reviews
    KM Reviews

    Ok so we can screenshot photos and we don’t “own” it. But we save $70 million dollars and can still look at the same pic 🤷‍♂️

  • Richard Tipton
    Richard Tipton

    First 4 minutes of the video and Beeple drinks a Redbull and a Mocha Starbucks coffee, We have to be related.

  • solo world
    solo world

    Hi. I saw maybe the strangest NFT with powerful meanings on the opensea.io called son of the sun. It will be remembered. WOW NFT the future ❤️.

  • Deepak Nanda
    Deepak Nanda

    This guy's voice makes me want to pop my knuckles.

  • ONtrending Adventure
    ONtrending Adventure

    The art was owned South Indian living in Singapore

  • AstroVision Media
    AstroVision Media

    So that's why they call him (Beep)le

  • Nithish Kumar
    Nithish Kumar

    while creating creator ac at makersplace its asking ivitation code can u plz help me out?

  • ProGamer 119
    ProGamer 119

    The thing about gas fees is that it's stupid and outdated. Cardano and ETH2.0 will fix this. He is wrong in saying that everybody agrees that there should be a high gas fees.

  • Argon369
    Argon369

    The Bweep 😂

  • D0S81
    D0S81

    NFT's are the new youtube/tiktok/twitch etc. basically the new thing that the regular person can make a living from and get money and fame, the problem is when the big companies come in and start figuring out how to do it and the little guy gets left behind again. so as an artist myself, now would be the time to jump in, because i know from seeing the ''hollywoodisation'' of youtube, and then their trying to jump on tiktoks medium and twitchs, etc. its not gonna be long before things like film studios and games companies are selling concept art from games and movies as NFT's and people buy those more than the art made by regular joe artists that are just as good. so get in while the goings good i say, before the big guys come in and ruin the whole thing like they have with every other space us regular peeps made trend first.

  • Jarle S. Fremstad
    Jarle S. Fremstad

    3 minutes in and already I feel my face making the same expression as my 92 year old grandmother's did back when I tried to explain the internet to her.

  • anon GOON
    anon GOON

    Idc if he was bad or not in this video, but after the way he treated Peter.. fuck Beeple and his broken sinus weasel voice.

  • Matthew Henry
    Matthew Henry

    C rypt0meth is pr0bably the next safem00n tbh

  • calvin_ k
    calvin_ k

    Pausing at 3:23 to like and subscribe.

  • Brian Rooney
    Brian Rooney

    Rip Niko’s hairline

  • Turbocoffee Hypercorn
    Turbocoffee Hypercorn

    If an artist takes part in a system they already know has a damaging effect on the environment, regardless of what the actual source of that damage is within the system, and that system isn't a mandatory part of life under current civilization, then yeah, the artist is kinda part of the problem, Wren. You can talk about being aware of the damage something creates all you want, but if you're actively contributing to that damage at any step, those words don't mean much. This isn't wage slavery under capitalism where you have no choice but to participate, this is something you can abstain from until improvements are made, or make steps towards those improvements yourself. If you use NFTs with the goal of improving it in mind, more power to you, but most people are just doing it to make some money, consequences be damned. If the English alphabet was destroying the world, and you said "It's okay because I only like the letters X, Y, and Z", it's not okay, because you're still upholding a cog that contributes to the operation of the machine.

  • Isabella Jones
    Isabella Jones

    I was able to build a big income stream during the covid-19 pandemic investing with a professional broker,Mrs Elizabeth Graham, I have been making huge profits on my investments ever since i started trading with her, Mrs Elisabeth Graham's trading strategies are top notch.

    • Robert Marquez
      Robert Marquez

      Wow this whole comment chain is so fake

    • Kim Berly
      Kim Berly

      Thank you for the awareness here on youtube.... i have been searching for such signals as well.

    • Wilson Frank
      Wilson Frank

      Amazing I also just started trading with Mrs Elizabeth Graham,she is the best at what she does with an initial investment of$1400 i made up to $5230 in just a week of trading with her,her strategies are mind blowing.

    • Rose Thompson
      Rose Thompson

      I have traded with a lot of individuals but I have never come across anyone as good as Mrs Elizabeth Graham, just by applying her strategies, I now trade independently. she is the best I'd advise any novice in investing to trade with her.

    • Justice Michael
      Justice Michael

      with the consistent weekly profits I'm getting investing with Mrs Elizabeth Graham there's no doubt, she is the most reliable in the market, such a genius.

  • nahuel vaicikauskas
    nahuel vaicikauskas

    NFT are the dumbest thing to this date.

  • Oliver Lardner
    Oliver Lardner

    Today I realised... Beeple doesn't really know anything about blockchain

  • Mezz Marr
    Mezz Marr

    NFT consensual hallucination... like all assets and money.

  • Iron Warrior
    Iron Warrior

    Imagine paying for something that gives you no profit and has no use and only hurts the enviroment

  • Hun Hwang
    Hun Hwang

    If you're a tree-hugger and want to save the planet, then go up into the mountains. Eat what you can kill. Don't ever buy anything. Don't use tech or electricity.

  • ImpermanentHuman
    ImpermanentHuman

    You need to look how much energy is spent on current financial system transactions and verification, gold mining, mining of commodities that produce the materials and machines that your camera equipment, clothing, computers, buildings etc are made from. The energy involved in their creation or development process of education (unique skills) is what gives them scarcity and value

  • panda del ray
    panda del ray

    Nfts are cool in theory but I wish they were more eco friendly :/ I think I read generating a single token is the equivalent to the environment as a car traveling 500 miles

  • Ugly German Truths
    Ugly German Truths

    Who the Frigg is "agreeing that you own" this shite NOW? Only the couple of thousand folks that have bought into this crap meaning anything. The important bit IS the screenshotable, the "owning a definite certificate" is absolutely meaningless except as monetary investment, which is the awful side of art and not laudable in the least.

    • Ugly German Truths
      Ugly German Truths

      Also another ethical problem (beyond the environmental impact of any blockchain process) is that right now Crypto-anything is heavily overrun with moneylaundering. Warlords, drug cartels, human trafficking, putting a couple of (hundred) Million into untraceable "currency" and getting it out at around 1 : 1 values is very popular right now... How do artists guard against this and not just accept that they make money laundering for really bad criminal activities worthwhile? Opening new directly marketable spaces for digital art sounds like a great idea, but is it worth to be built on blood, death and exploitation of human beings on top of everything else???

  • Just A Guy
    Just A Guy

    I disliked the video only because I am still doubtful of the subject matter and don't have a lot of interest. However the video itself was informative, and intellectually I can appreciate that it was made.

  • Financial Underground Kingdom Crypto
    Financial Underground Kingdom Crypto

    he has 1 USD drop now

  • Annorr Axx
    Annorr Axx

    I actually don’t think this is going to last. NFT’s will only be successful for big name artists who are already at the top. Grunts and nobodies will never be able to make money off of NFT’s. They’ll just get screwed.

  • Annorr Axx
    Annorr Axx

    What a weird fucking way to become a millionaire lol

  • This_is_JP
    This_is_JP

    and unsubscribed

  • CokeWavy
    CokeWavy

    beeple dropping spring/summer 2021 tomorrow!!! hopefully I can get 1. Really want Elon walking dogecoin lol

  • AlbinLexicon
    AlbinLexicon

    A quick rundown on what NFT is : Think of it as the comic books with the rare issue numbers & how people "trade" those NFTs are the digital versions of that u own the comic book yes, but the copyright is still Marvel's u own the art yes, but the copyright is still the artist's

  • bwood1234qwert
    bwood1234qwert

    So nfts fart are just as dumb as they sound. You get to say I am the true owner. With a Picasso you actually own the physical item Picasso painted With this you can say you own it but the copy you have is exactly the same as copies other people can have. So it's an ego thing purely. Basically a great way for people to create money out of literally nothing.

  • Midori Schaaf
    Midori Schaaf

    Wow, I can't stand the fucking beeping. Instead of paying to watch though, I'll just not.

  • Ryan Davis
    Ryan Davis

    Hey I can't wait to see your deep dive on the environmental impacts! Outrage is always better captured, converted to energy and funneled into a productive venture and it's cool to see you do just that.

  • Carpe Noctem
    Carpe Noctem

    Do traditional banks not have a larger & far worse footprint, especially if you consider their investments? It'd be a lot easier for the blockchain to go green than banks let's put it that way.

  • Gabriel Medina
    Gabriel Medina

    So, its Pokémon cards for the new century 🤔

  • JerkfaceJr
    JerkfaceJr

    So its basically stock market with more steps?

  • Dedalus
    Dedalus

    Nice haircut Beeple

  • Confuzed Penguin
    Confuzed Penguin

    What's him explain it. Sounded interesting, still have no clue what mining, minting bitcoin or any of it actually is 🤣

  • Ky Fisher
    Ky Fisher

    is there a way to see who created it? like could someone make something pretending to be beeple? how would i be able to tell?

  • TOAOM123
    TOAOM123

    Really interesting Now can someone tell me what the hell theyre talking about?

  • Robert BARNES
    Robert BARNES

    Beeple i love your bull run nft. I want a replica.

  • Crypto Ultraman NFT
    Crypto Ultraman NFT

    Buying Crypto Utrlaman NFT can earn 100 times the income

  • Monster0075
    Monster0075

    This is almost as stupid as paying for a banana taped to a wall

  • Joel Perpetua
    Joel Perpetua

    15:57

  • Ian Pierce
    Ian Pierce

    So nice of him to put his mask on...his chin.

  • BustinMayo
    BustinMayo

    Im happy for Beeple, he deserves it after all his hard work. But this system seems very... flawed when it comes to small artists getting their stuff stolen

  • Nartan Nss
    Nartan Nss

    where did he sell the NFT? on which website or marketplace?

  • Michael K
    Michael K

    Geez, this guy's pacing back and forth reminds me of a tweaker nearing his crash. Tulip bulbs, anyone?

  • hal sinden
    hal sinden

    yer man's got a red bull endorsement pending, i should imagine. in other news; this was an extremely useful video and thank you for making it. i was really struggling with so many of the concepts contained so it was good to see.

  • Tenta Froo
    Tenta Froo

    Did he just drank redbull and coffee?

  • Patrick Doucette
    Patrick Doucette

    This is a historical video.

  • Patrick Doucette
    Patrick Doucette

    Anyone remember the first time they had to explain the internet and email to someone? Well...now it’s Cryptocurrency, Blockchain and NFTs!

  • Patrick Doucette
    Patrick Doucette

    People are making fun of NFT “fungible,” just like they did with email and the internet.

    • Boby Ford
      Boby Ford

      those have functions to back their existence, does NFT have one?

  • Patrick Doucette
    Patrick Doucette

    These videos used to be what school presentations were all about. Now they’re posted on HRless via the internet for millions to view. It’s amazing how far we’ve come. Blockchain technology is inevitable and will be a new way of living. Eventually we’ll get used to it, like how we got use to using the internet.

  • Patrick Doucette
    Patrick Doucette

    We’re living in a world where people are mining internet gas and making boat loads of currency from doing it. The technological shift has already begun. The next evolution of society is upon us.

  • IamBrix
    IamBrix

    NFT puff piece from someone who makes money off of NTFs. Immediately tried to lecture people for being annoyed by people ignoring the downsides because they're making money off of it.

  • FireLordCanti
    FireLordCanti

    How does the the physical copy of the NFT stay powered on?

  • Elated Llama
    Elated Llama

    So, what stops people from taking existing art they don't have te rights to, and just minting that and essentially "claiming ownership"? or taking an already minted piece, and just minting it again? with maybe one pixel shaded one shade darker if needed-

  • Model T Maximalist HEX Is A Revolution
    Model T Maximalist HEX Is A Revolution

    Fungible - When someone buys a BTC on the market, there's less available & thus the price of everyone else's Bitcoin goes UP... cos there's no difference between your BTC & my BTC. Non-Fungible - You buy a $100,000 NFT & the price of MY NFT does not go up. Your NFT is different from my NFT - They're NON Fungible Tokens Your NFT is a market all by itself & the people who collect NFTs are the buyers. It's risky. Only buy if you don't mind the value of it goes DOWN if new NFT buyers stop buying... Buy NFTs because you want to OWN & HOLD it...

  • David Kathurima
    David Kathurima

    Just realized why he's called Beeple,.... Because "Beep!"

  • Cristina Lodriguito
    Cristina Lodriguito

    Very well explained, I think you should check out Blockverse on NFFT ‘

  • curtyct {ct
    curtyct {ct

    Wow being a multimillionaire really changed this dudes attitude it's like night and day between this video and his first one specially the swearing apparently multi-millionaires swear more I think I should probably be a multi-millionaire cuz I swear quite a bit.... F*** S*** F***

  • Lisa Marie
    Lisa Marie

    maybe this was explained and i missed it, but who determines the value of the art and how it is priced?

  • jcbs
    jcbs

    NFT is a bubble.

  • Michael keaton
    Michael keaton

    What the fuck is minting?????

    • Michael keaton
      Michael keaton

      @Boby Ford dude I'm not even in my 20's and I'm too old for this shit, or maybe I'm too dumb for it...

    • Boby Ford
      Boby Ford

      we're too old for this and I'm not even in my 30s yet

  • Cendooh.
    Cendooh.

    Best laptop to do this kind of works? (working cinema 4d after effects photoshop)

  • Shroom1Up
    Shroom1Up

    can't wait when they have to talk about small artist being stripped and exploited and not getting any of the money other people make of artists art.

  • Rose Alex
    Rose Alex

    Mrs Jane is legit and her method work like magic I keep on earning every single week with her new strategy

    • Robert Marquez
      Robert Marquez

      How are these bots not banned

    • Ahmed Zack
      Ahmed Zack

      She's always online on WhatsApp

    • Ahmed Zack
      Ahmed Zack

      (+1 2 2 9 2 1 8 7 1 0 1🇱🇷).

    • Ahmed Zack
      Ahmed Zack

      (+1 2 2 9 2 1 8 7 1 0 1🇱🇷)

    • Ahmed Zack
      Ahmed Zack

      (+1, 2, 2, 9, 2, 1, 8, 7, 1, 0, 1🇱🇷).

  • Rodrigo Gil Flores
    Rodrigo Gil Flores

    Don't get the fucking beeep shit...I mean it's HRless

  • Luis Huang
    Luis Huang

    Serious question: I wonder if Minting NFT profits are taxable by the IRS...As Taxable income or investment...?

  • Anton
    Anton

    can't wait for the NFT environmental impact video by Wren

  • Catherine Lin
    Catherine Lin

    Is this kind of like when people pay money to buy rare WOW mounts like you can't physically use it but it's cool to show off in game? I don't really know what pleasure people feel when paying for NFT. Not that artists don't deserve support but it can be done through other forms, it's hard for me to comprehend the thoughts behind this from a consumer POV.

Dalje
NFTs, Explained
17:41
1 mil.