Brian Eno on NFTs: ‘Right now, I mainly see hustlers looking for suckers’ – MajorUpdates

If you have been saving up Ethereum for a set of Discreet Music NFTs, we’ve obtained dangerous information. In an interview with Crypto Syllabus (performed by longtime tech critic Evgeny Morozov, of all people), Eno outed himself as a skeptic of cryptocurrency — and NFTs particularly.

“NFTs seem to me just a way for artists to get a little piece of the action from global capitalism, our own cute little version of financialization,” Eno advised Morozov. “How sweet — now artists can become little capitalist assholes as well.”

Best recognized for his pioneering ambient work and prolific producer credit, Eno looks like the right artist for the NFT period. He’s spent a long time making artwork with an eye fixed in the direction of know-how and its social implications, usually made accessible as software program or limited-edition product drops. Eno was a very early proponent of algorithmically generated artwork, pioneering the identical primary course of that produced these infinite minutely diversified monkey portraits for the Bored Ape crew. It could be simple for him to financial institution a couple of million kilos by turning this generative iPad app, say, right into a string of 10,000 numbered NFTs.

But as he describes it within the interview, taking the NFT flip could be pointless as a creative transfer and craven as a monetary calculation.

“I am not sure what is being brought into the world that makes any difference to anything other than some strings of numbers moving about in some bank accounts,” Eno continues. “People I like and trust are convinced they’re the best thing since sliced bread, so I wish I could have a more positive view, but right now, I mainly see hustlers looking for suckers.”

Read the entire thing right here.

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