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lol, the conspiracy theories keep getting wilder. So it's OpenSea wash trading or their users? Pretty hard to do with a 2.5% loss on every transaction.



Yeah, one employee swindled about $50k. He was immediately let go. OpenSea does $200m/day in volume. So about 20 seconds of their tx volume (not 100% sure I'm doing the math right).


https://dune.xyz/rchen8/opensea

Yeah, this valuation is easily justifiable. First chart is OpenSea's monthly transaction volume. Multiply by 0.025 to calculate OpenSea's take.


The first chart would concern me as an investor though. Crazy growth in the first half of 2021, then flat line (even down a few months).


That's correct


The implementation is usually cryptographically signing a message from the account that owns the NFT.


Hi, I’m an NFT collector. A bunch of my friends are too.


Problem is that calling yourself an NFT collector is a way to raise the value of NFT's and therefore something an NFT scammer would do, so you doing that doesn't prove anything. Similarly buying an NFT from yourself for a million dollars is a good way to trick people into a buying frenzy buying all your other NFT's. So until I see evidence that these eccentric billionaires who pays a lot of money for these actually exists and aren't just parts of the scam I can't trust you on this.

But at least you are a data point, now I have seen one person claiming to buy NFT's to keep rather than resell, even if I don't necessarily trust you. So thanks!


Ok, why do you collect NFTs?

Do you invite dates in to see your NFT collection? Do you occasionally open it up to admire the hash values? Do you enjoy posting on forums telling people you own NFTs? something else …?


Theranos was not a Silicon Valley darling. I don't think there were any big SV venture funds involved. It was people like Ruport Murdoch, Henry Kissinger, George Shultz, and James Mattis investing and sitting on the board.


> Theranos was not a Silicon Valley darling

Please allow to present some exhibits.

https://www.businessinsider.com/the-history-of-silicon-valle...

"Theranos, the blood-testing startup that went from Silicon Valley darling to facing fraud charges"

https://www.cnbctv18.com/business/from-silicon-valley-darlin... "From Silicon Valley darling to fraud accused"

https://www.theguardian.com/technology/2021/aug/28/elizabeth... " the Silicon Valley darling said could perform a variety of medical tests with just a drop of blood"

Don Lucas. Larry Ellison. Oracle.

As I said, Elizabeth Holmes being pretty much from Silicon Valley royalty was key to the leverage she managed to achieve. I'll be surprised if she's found guilty.


Tim Draper is a major SV personality and an early investor in Theranos lending it legitimacy.


He cut her a personal check for $100k when she was 19 and didn't have much of a company because he liked her.

Not following up on that investment is a pretty strong signal


Nope, only a couple hundred bucks: https://shortnames.com/llll . Two-letter .coms are often sold in the high 6 and low 7 figures.


I finally got it to work and got a 4 letter domain, wsvy.com, for only $250. Thanks for the suggestion!


I just looked at a few domains on that list and they were delisted within minutes.


For the clickbait content ads on Taboola and Outbrain, the strategy is ad arbitrage. The landing page is probably broken up into a slide show with many pages. The goal is to get the user to go through 30 pages (misclicking a few ads along the way) and monetize as more revenue than the cost of their visit. There are other monetization strategies for other types of ads on Taboola and Outbrain.


The arbitrage isn’t illegal but it’s also not not a scam. If you’re running ads against the shite articles and you knew all the traffic to the ad was just people from a different site who don’t even really see your ads, you wouldn’t be very happy to pay for it.


The idea is that the tokens won't be securities in the future. A security can eventually become a non-security.


In my experience as a Cameo customer, the videos are received very well as a gag gift. "OMG, I can't believe you got them to make me a video!"

To me, the open question is if the novelty factor will wear off. I don't think I would ever get the same person a second Cameo. I'm not even sure if I would keep buying Cameos if the service was well-known. A big part of the gag is "How did you pull that off?!" Maybe there are enough birthdays that it just doesn't matter.


I think Cameo a really cool business idea.For me it would mostly be a gag gift, but I definitely think it's sustainable. It gets creators in front of their fans, and lets their fans send money directly to them. I see comparisons between Cameo, YouTube, Patreon, and Twitch.


Also wondering if deepfake could eventually disrupt them


Surely no one actually cares all that much about the video itself? The novelty is the fact the actual celebrity took some time to do something involving you or someone you know.

You can already happily Photoshop a hugely convincing signed celebrity photo, I don't see people who want such things affected by this or feeling the real thing is worth any less. Giving someone a deep fake as a gift or novelty would feel somewhat strange/hollow.


Without an explicit license from the celebrity that likely would infringe on image or likeness of the celebrity and not be protected by fair use.


Which will matter to absolutely no one, just as music is remixed and memes made with no recourse.


For individuals doing it on their own, sure, but if it’s a service (like this but with “deepfake”) it wouldn’t last long before the lawsuits come in.


The component that generates would be distinct from the model used. You make the model freely available, but charge to generate. Highly unlikely we’re going to outlaw math distributed online.

Given enough time, assume you’ll be able to run this on a phone eventually.


No chance in hell this isn't nuked into oblivion by the most amateur lawyer. Money is changing hands, legal figleafs won't cut it.


The more disconcerting problem is, even if it's a trend and not a fad ... there are still valuation problems with this.


Based on what? Celebs & pop stars are already getting paid millions per year to speak/play at private events. Commoditizing that market and making it accessible on a variety of platforms at a variety of pricing tiers is going to bring in a ton of money.


How much is a 'ton'? 5 Million? 10 million? 100 million?

How big really is the market for a celeb sending a custom 10 second video talking about something, and can this entity really control that market? How do they maintain their margins.

Take Social Media for example, it'd seem there doesn't seem to be a massive player that controls how the sponsorship money flows into influencers, and not for a lack of trying.


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