The linked Youtube video explores the cultural and educational potential of non-fungible tokens. We will take a look at how they work, what they are good for and what makes them unique. Let’s jump in and investigate how NFT’s are ushering in a new way to communicate in the space of text and writing.
References
Boom, D. V. (2021, November 29). The CryptoPunk NFT that sold for $532 million. Sort of. CNET. https://www.cnet.com/news/the-cryptopunk-nft-that-sold-for-532-million-sort-of/
Clark, M. (2021, March 3). People are spending millions on NFTs. What? Why? The Verge. https://www.theverge.com/22310188/nft-explainer-what-is-blockchain-crypto-art-faq
Hargreave, E. (2021, October 18). NFT (Non-Fungible Tokens) – A Sustainable Funding Solution for Open Education and Open Culture? StoryToGo. https://storytogo.ca/2021/10/nft-non-fungible-tokens-a-sustainable-funding-solution-for-open-education-and-open-culture/
Hedera. (2021, November). What is a non-fungible token (NFT)? Hedera. https://hedera.com/learning/what-is-a-non-fungible-token-nft
Hugo, M. (2021, September 12). ERC-721 Non-Fungible Token Standard. Ethereum.org. https://ethereum.org/en/developers/docs/standards/tokens/erc-721/
Khomami, N. (2021, December 1). Non-fungible tokens take No 1 spot in influential art world power list. The Guardian. https://www.theguardian.com/technology/2021/dec/01/non-fungible-tokens-take-no-1-spot-in-influential-art-world-power-list
Kinsella, E. (2021, June 10). Sotheby’s “Natively Digital” NFT Sale Lands at $17.1 Million, With More Than Half the Total Racked Up in the Final Minutes. Artnet News; Artnet News. https://news.artnet.com/market/sothebys-natively-digital-sale-1979174
Olsen, A. L. (2005). Using pseudocode to teach problem solving. Journal of Computing Sciences in Colleges, 21(2), 231–236. https://www.researchgate.net/publication/234778626_Using_pseudocode_to_teach_problem_solving
Thank you, Anton!
I am still a bit confused and not sure about how the buying and selling of NFT’s really works, but I see that there there are other videos on YouTube that might help me with that part. I am an artist, but not a digital artist. I am also an Art teacher, so I this is a topic I feel that I need to invest some time in and I appreciate that it was a complex project for you to present on.
You did a great job of linking with Hargreave and I think that I best like the idea of comparing NFT’s to baseball cards. The paper itself doesn’t have much value, but it can be valued because it is rare or one of a kind.
As an art teacher, I now am wondering where this might fit into my curriculum. Perhaps there is a way that we can create them and trade them like Artist Trading Cards, without huge fees for the online transactions? I’m interested in your thoughts on this. Also wondering if you have used NFT’s in a classroom?
Hey there Robyn!
Creating an interdisciplinary unit with a Digital Design or Computer Science class would be an excellent way to combine the artistic and digital programming potential of NFT’s in education. The following Youtube Video made by Kapwing (2021) details how students could create their own NFT’s, https://www.youtube.com/watch?v=Gjo1hlIey9g.
Tom Scott’s (2021) video details why an 1856 postage stamp is the most expensive non-fungible object by weight, https://www.youtube.com/watch?v=k7fXbdRH9v4.
I am unfamiliar with the curriculum for art classes. Still, I feel that either video would allow a further conversation in class that could facilitate further discussions or activities about how any work of art that is not mass-produced is inherently non-fungible. i.e. student work.
As a BC Tecnology Education teacher, I struggle with implementing NFT technology in my teaching practice as well. It would be fun to see NTF’s used as a way to share and spread a sense of community by making NFT’s a sort of merchandise at schools. They could also be used as tickets at sporting events for extracurricular activities. NFT’s collectability could promote school spirit and foster participation from peers to support students competing in extracurricular activities through their collectability.