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Old-school photographers grapple with NFTs: New world, new rules

Photography often has to weather disruptive changes — from film to digital, for example — and photographers find themselves needing to master new technologies or face losing out to more tech-savvy competitors. NFTs are just another transformation in how we consume images. Can photographers adapt and benefit from them?

 

 

Coming to grips with the NFT market can give a whole new lease of life to a photographer’s work.

 

Back in the dark ages

I go back a long time in photography. To the dark ages — or at least the darkroom ages, to be more precise — when images were analog and negatives or color transparencies had to be developed through some arcane magical process I didn’t quite understand. If you had told me you had to wave a Harry Potter wand and shout “Developus!” I would have believed you.

Lava

Old-school photographers grapple with NFTs: New world, new rules

Photography often has to weather disruptive changes — from film to digital, for example — and photographers find themselves needing to master new technologies or face losing out to more tech-savvy competitors. NFTs are just another transformation in how we consume images. Can photographers adapt and benefit from them?

 

 

Coming to grips with the NFT market can give a whole new lease of life to a photographer’s work.

 

Back in the dark ages

I go back a long time in photography. To the dark ages — or at least the darkroom ages, to be more precise — when images were analog and negatives or color transparencies had to be developed through some arcane magical process I didn’t quite understand. If you had told me you had to wave a Harry Potter wand and shout “Developus!” I would have believed you.

Lava

Crisis in crypto lending shines light on industry vulnerabilities

Leading crypto lending firms and hedge funds have run into trouble due to the market turmoil but more so because of their unchecked reckless decision-making process.

Bitcoin hodler data hints BTC price 'really close' to bottom — analysts

Short-term hodlers may be done with the bulk of their panic selling, while the Mayer Multiple shows buying the dip has rarely been more profitable.

Bitcoin hodler data hints BTC price 'really close' to bottom — nalysts

Bitcoin (BTC) could have already seen a price bottom or be “really close” to one, analysts believe after eyeing new data this week.

In a Twitter thread on June 22, well-known indicator creator David Puell revealed what he argues “looks interesting” about current Bitcoin buying and selling.

"High likelihood" bottom is in

With many sources calling for BTC/USD to dip to $14,000 or lower, bullish takes on current price action are few and far between.

For Puell, however, the dynamics between long-term (LTHs) and short-term holders (STHs) hint that the situation is not necessarily as bearish as many fear.

Highlighting the cost basis for each group, Puell showed that those who have been in the market longer paid less as a whole for their BTC than recent investors.

University of Cincinnati turning crypto craze into educational curriculum

The programs, which are funded by a longtime supporter of the university, will teach students about Bitcoin and other digital assets.

University of Cincinnati turning crypto craze into educational curriculum

The programs, which are funded by a longtime supporter of the university, will teach students about Bitcoin and other digital assets.

University of Cincinnati turning crypto craze into educational curriculum

The programs, which are funded by a longtime supporter of the university, will teach students about Bitcoin and other digital assets.

Transparent financial systems won't get real traction, blockchain exec argues

Anoma founder Adrian Brink pointed out that using a transparent system means that "your neighbor can see how much money you hold, what your daily preferences are.”

Polygon price jumps 60% in four days amid 'pretty big' MATIC accumulation

Polygon (MATIC) took a break from its prevailing bearish course, posting one of sharpest rebound in the crypto market this week.

Notably, MATIC's price has risen to $0.50 this June 23, four days after hitting $0.317, its lowest level since April 2021. This amounts to roughly a 60% gain, surpassing the performances of even Bitcoin (BTC) and Ether (ETH) in the same timeframe. 

MATIC/USD daily price chart. Source: TradingView

Nevertheless, MATIC is still down significantly from its December 2021 high of $2.92, coinciding with the overall crypto bear market and a hawkish Fed putting pressure on risk-on assets. 

MATIC "in a pretty big accumulation"

Meanwhile, some of its richest investors have been accumulating MATIC tokens despite the general downtrend, on-chain data suggests.

Notably, the so-called MATIC sharks and whales have been in accumulation, according to data provided by Santiment. That includes the tiers of Polygon token holders ranging from 10,000 to 10 million coins, which have "collectively added 8.7% more to their bags" since May 9.

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Polygon price jumps 60% in four days amid 'pretty big' MATIC accumulation

Polygon (MATIC) took a break from its prevailing bearish course, posting one of the sharpest rebounds in the crypto market this week.

Notably, MATIC's price has risen to $0.50 this June 23, four days after hitting $0.317, its lowest level since April 2021. This amounts to roughly a 60% gain, surpassing the performances of even Bitcoin (BTC) and Ether (ETH) in the same timeframe. 

MATIC/USD daily price chart. Source: TradingView

Nevertheless, MATIC is still down significantly from its December 2021 high of $2.92, coinciding with the overall crypto bear market and a hawkish Fed putting pressure on risk-on assets. 

MATIC "in a pretty big accumulation"

Meanwhile, some of its richest investors have been accumulating MATIC tokens despite the general downtrend, on-chain data suggests.

Notably, the so-called MATIC sharks and whales have been in accumulation, according to data provided by Santiment. That includes the tiers of Polygon token holders ranging from 10,000 to 10 million coins, which have "collectively added 8.7% more to their bags" since May 9.

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Wire Network's new protocol aims to end Web3 interoperability woes

The protocol promises to eliminate complexities seen with existing interoperability solutions and requires no bridges or oracles to integrate.

Bybit enters into settlement agreement with Ontario Securities Commission

Bybit is currently holding listing discussions with the provincial regulator, and if the process fails, the firm will cease operations in Ontario.

GitHub users respond with 'Bitcoin bill' idea to Gillibrand-Lummis bill

The senators seek comments from industry stakeholders, consumers and interested parties.

Coinbase to shut down Coinbase Pro to merge trading services

Launched in 2018, Coinbase Pro is designed to feature unlimited trading volumes, supporting more than 250 cryptocurrencies.

On the brink of recession: Can Bitcoin survive its first global economic crisis?

Bitcoin has not seen a full-blown recession since it was launched as a response to the 2008 global financial crisis.

On the brink of recession: Can Bitcoin survive its first global economic crisis?

Bitcoin has not seen a full-blown recession since it was launched as a response to the 2008 global financial crisis.

Crickets on day 1, but Proshares short Bitcoin ETF volume up 380% on day 2

A slow first day of trading on the short Bitcoin ETF may have been nothing but a slight hiccup in ProShares’ newest product as volumes grew on the second day.

Crickets on day 1, but Proshares short Bitcoin ETF volume up 380% on day 2

A slow first day of trading on the short Bitcoin ETF may have been nothing but a slight hiccup in ProShares’ newest product as volumes grew on the second day.

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