September 21, 2022

100 PROOF: Coders vs. Coders in Royalty Wars, MOMA Entering NFT Space, and $35k Frames

Kevin Rose and Derek Edwards Schloss discuss the current state of artist royalty bypassing, and the controversial approach Magic Eden is taking to discourage royalty loss. They cover MOMA's decision to auction work by Picasso...

Kevin Rose and Derek Edwards Schloss discuss the current state of artist royalty bypassing, and the controversial approach Magic Eden is taking to discourage royalty loss. They cover MOMA's decision to auction work by Picasso, Bacon, Rousseau, and Renoir to expand the museum's digital presence, including the possible purchase of NFTs. And Kevin describes the moment he saw a $35,000 NFT frame taking a page from Tesla's early playbook.

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NOTES

  • [01:00] Tracking royalty dodgers: pros and cons.
  • [17:25] MOMA selling $70 million legacy collection to increase digital presence.
  • [24:02] Web3's influence over upcoming election cycles.
  • [25:21] The search for digital frames that do their art justice.
  • [39:04] Exploring Renga and The Art of Seasons (TAOS) by Dirty Robot.
  • [42:49] Not all projects or artists are built for community engagement (and that's okay).
  • [46:57] Are we burning out on 10k PFP projects?
  • [52:36] Parting thoughts on moving forward.

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