Some Background NFTs and Royalties

Initially, I was going to let myself produce more content for Web3 before launching an NFT, but there was a bit of a technical push to use Manifold to get my NFT deployed earlier than planned. There’s a longer story there. In principle, what is happening is a solution to deal with marketplaces trading NFTs without respecting the creator's royalties.

There are three scenarios to ensure you get royalties on Opensea. The first was to mint your NFT before Jan 2, 2023.

The other two involve having your NFT ban marketplaces that do not respect creator fees. You can read about royalties, Manifold contracts, and changes at Opensea over here in more detail.

Yeah the NFT

So I opted to launch my NFT through Manifold before the deadline to grandfather me in, giving me complete control of what marketplaces would be restricted from trading my NFTs further. It just makes it easier when dealing with Opensea, which is still commanding a lead in the market.

In the NFT world, I’ve watched Manifold transform from an obscure and straightforward application into a more user-friendly way to launch NFTs. Seeing artist adoption drew me back for a second look.

This has been a platform I had planned on working with since many overlook the technical side of preparing smart contracts, uploading media to decentralized storage, and having a user interface to mint your NFT. Manifold’s latest interface makes it very painless to use and then you have your own smart contract for your NFTs rather than using a Marketplace such as Opensea.

I’ve been joking that my NFT has no current utility or roadmap but is full of ideas. I see this NFT as a Web3 social experiment.

I am drawing upon my Web 2.0 and Web 1.0 experiences to guide me through Web3, and part of what I want to do is produce content (blogs, videos, and entertainment streams). I’ve spent far too much of my life around computers, but I guess part of what I do is show people how applications work, and Web 3.0 is prime for more content.

I see NFTs as a way to form an on-chain community around what I’m doing. Coming from a Web2 marketing world, I love the experimentation of how Web 3.0 can bring people closer together by getting rid of middlemen on your social network and communication. This digital interaction is important as it can be used for physical and digital experiences. This is a greenfield phase when the experimentation is high, and the accepted norms are being defined.

Web 3.0 is another layer on top of Web 2.0 and Web 1.0 and is not exclusive, don’t think of computer architecture in such black-and-white terms as there are plenty of “dead technologies” running business-critical systems, including parts of the Internet. As much as we get excited about this frontier of computing, there is more than technical debt to deal with such as having updated laws to provide more clarity to the industry.

Have a look at my Website, which is sort of a 90’s style website on Web 3.0, to get an idea of some of the content I’ve produced and decide if you want to hop on board.

The NFT mint is free, plus gas costs, as it’s up to me to provide value. I left the mint open for another 69 days, but what will happen will happen? Can I get enough hype till then to mint it out, or will it be a smaller community?