Regardless of whether Seth Green gets his NFT show back or not, all he has done is shine a brighter spotlight on what a shitshow NFTs are and only accelerated their stigmatization. I'll take it. MERCH: www.yongyea.com PATREON: www.patreon.com/yongyea TWITTER: twitter.com/yongyea TOP PATRONS [CIPHER] - Joseph Lavoie - Mick [BIG BOSS] - Coopster - Devon B - Jonathan Ball - Sarano [BOSS] - Charlie Galvin - Gerardo Andrade - Michael Redmond - Peter Vrba - Time Dragonlord [LEGENDARY] - BattleBladeWar - D Kurtti - TacoBell Call911 - Theron Webb
It's just so funny that they all claim NFTs are making art unique, and jump on an unregulated market so it's not dictated by government laws and policies, and then talk about nothing but copyright and lawsuits when they get stiffed.
Not to mention the fact that you’ll soon realize that NFTs, apart from select few, are so similar to each other, especially the Bored Ape variant. What’s so different about a monkey in a suit and the one in jacket?
*Cryptobros trying to sell their NFTs:* Dude bro, you don't understand! This is the blockchain, free from all government oversight! This is going to be the way of the future, dude bro! *Cryptobros when their NFTs get stolen:* Save me, government! Play stupid games, win stupid prizes.
@@Aereto Especially when you can't even update or test it because it's been "democratized". Like seriously, who thought smart contracts were actually "smart"? It's a literal programming anti-pattern and the opposite of how agile design works.
@@Aereto And that is the fun part, how many times haven't DAO's been broken by bad code. Or have crypto coins lost value because due to bad coding someone could withdraw a lot of value. And more fun, at times the code was so bad that value could be put IN the system but the code was borked such that no value could be taken out. Yup, some projects had such bad code that you could put money IN... but never draw it out. Not even the development team could do it.. so much ether stuck in the air...
NFT 'bros' : "We want a non regulated market without any laws." The non regulated market: "OK" **Proceeds to turn into a Scammer's dream land** NFT 'bros' : "This is outrageous, this is unfair"
If this actually went to go to court it could go two ways: - Seth Green wins and in the process ruins the main selling point for NFTs in it being a deregulated decentralised ledger that no individual, company or country has control over. - Seth Green loses and the whole media circus around it only shows more and more that relying on NFTs isn't a good thing. Aka massively bad PR for the whole NFT and even crypto space. Except for DarkWing giving/trading it back or Seth Green just giving up this would be a massive lose-lose for the entire NFT market/players.
I love how the whole point of NFT is how it's unregulated by the government but the moment it gets stolen, they all look at the government for compensation.
Nah. NFTs helping straight men move out of their parents' homes before turning 30 is an actual example of uplifting news with NFTs, since full time jobs will not help in that regard anymore.
@@TimTams_64 you are right on that, but thing is, how would the government seize nfts and cryptocurrencies, seeing how they are unregulated (currently) and impossible to revert any illicit transfer, unless you cause a fork in the system? unless the government raids the guy's house to get the password to the account that holds the nfts, its unlikely much can be done about this. also doesn't helps how, from a legal standpoint, its hard to know if a transfer is supposed to be legit or not, considering any transfer is called a transaction, so that would be pedantics that would have to also be argued with for a long time.
@@akiranatsume3501 yeah judging by all your comments on this channel, you're trolling lmao. Saying that "nfts are for straight men and the darn LGBT people are cancel culture-ing nfts" is so obviously fake lol
Of course he's not going to return it. Imagine the precedent _that_ would set. Everyone would steal their own NFTs, sell them off and then demand the new owner returns them.
Yeah more than likely he'll keep it and say he was just collecting it and didn't realise it belonged to someone already, there's no way he'll return it for free whatever happens.
I scincerely hope Seth tries to take this to court JUST so that NFTs get dragged into the headlights of the legal system. It would be interesting to see if they hold up to scrutiny.
it's funny how they advertised NFT as supporting ARTISTS while actually a lot of NFT's are also sometimes just stolen from Artist without their knowledge, as a Artist myself and hearing about it the first time from Artist friends it made me really sad about this way of exploiting the Art and Artist that made these wonderful pieces
That’s a massive problem with NFTs, there’s no demand for proof of ownership of the image before minting. It’s too easy for NFT-bros to copy paste an image, mint it. When the artist catches on to what’s happened they have to rely on the NFT community to fix it, which is a seemingly very hypocritical excuse one.
that shit looks cringe ugly AF lol Wtf is up with modern humans wasting crazy money on some dumb poorly creative jpegs I won't even save those images on my Desktop files for free.
@@volpe_sol "Not" is required to have outrageously expensive amount of money to purchase "Fungitible" Meaning the Squared Image "Token" That is assets *FUNGITIBLE TOKEN* IT IS FREE EVEN ASSETS CUZ SQUARED IMAGE HAD NO SECURITY, WHAT A JOKE! STOCK IMAGES IS BETTER
I love how NFTs have basically laid bare the complete, abject failure that is a totally unregulated market. You don't want grubby rules and regulations getting in the way of your market? Whelp, you're gonna have to accept the rampant scams, theft, and general malfeasance that come with it. A market is like a colon: without regulation, you find yourself either totally backed up or spewing shit everywhere. A little regulation goes a long way.
my thought exactly.... WTF kind of trash show is going to be made about a fucking NFT..... greattttt more good stuff being bumped off adult swim for MORE of seth green's literal TRASH
If it goes to court there's two options: Seth loses and there will be precedent that the whole scheme is dangerous, prices crash into Earth's core, Seth wins, and suddenly NFTs are recognized as worthless by the law. It's a lose lose for crypto bros if it happens, but I doubt the guy even comprehends the consequences of trying to get the law involved, will need some popcorn for that
of course not, he just wants his fake investment he can hold and someday sell, he dosnt look at the fact that the law getting involved is the absolute worst thing possible for the whole sector
Seth winning wouldn’t render NFTs as worthless by law, just redundant. As long as the trade history is approved by the juridical system and thus the state, the NFT counts as a token that corresponds to the IP. But you know, if the trades are approved by the juridical system, there is another form of goods available that can be traded and counts as a proof of holding the IP. This being the actual IP. Also, there are actually more valued attributes of NFTs people mean when they say “code is law”. Complete lack of financial regulation making washtrading, tax fraud, non-disclosed advertising possible. The future of those is still open.
More great marketing for the NFT broskis: Not only do you get to have your ugly, worthless receipts stolen, you also get a nice likelihood of getting called out and dragged into the public eye for purchasing one of those stolen, supposedly super secure, crimes against good taste.
I still think it a bit odd that someone paid well above typical market value for this _particular_ NFT without knowing it was special in some way. More than 25% above average.
Meanwhile these crypto bros are having a breakdown in rationale to the point of beyond logic and sense of coherent context, trying to pull examples that do not connect the dots like Sovereign Citizens.
NFT Proponents: NFTS ARE GOOD FOR ARTISTS!!! Seth Green: Instead of hiring artists to create original artwork for my show, I'll spend $200k on an ugly AI generated scam salad to be my main IP.
Generated Art can't even by copyrighted... Without a human hand to it, or enough of that, it simply is not human made nor human art. Hence no copyrights. Yup I can print your ugly ape on a tshirt and sell it... since nobody owns an actual copyright on it. Unlike having a real artist draw an ape...
I love how Green spent all this time and energy learning about NFTs and copyright law yet fails to understand why someone wouldn't just casually give away something they invested $200k in.
The irony is that this all happened to a guy who founded an animation studio called "Stoopid Monkey". Why yes, Seth. You've certainly proven yourself to be one.
Seth doesn't even realize that auto-generated images CANNOT be copyrighted by US law, and he's freaking out about nothing, here. Of course he fell for the NFT scam.
if seth green has studied copywrite then he'd know that a piece of art not created by human hands is not copyrightable. there is caselaw holding this up.
Not quite true. More of a human inspiration + human action to fixed media. Most of the nfts are sort of interesting because the "traits" are made by people and clearly copyrightable. It gets interesting if the images referenced by the nft can be. Probably "it depends" is the right answer.
@@RobertSzasz that sounds like the individual assets that comprise the ape are copyrightable but the ape itself is not copyrightable since the AI creates apes by randomly choosing from a pool of assets for each part of the ape.
Well when you want to deregulate everything, be prepared for the regulations to do nothing to help you. Anyone who gets scammed though NFTs get what they deserve.
I want this to go to court. I want these people to have to argue that suddenly the blockchain isn't proof of ownership. I want them to be hypocrites on a stage.
@@shinji391 actually upon doing further research, somehow and for some reason this specific run of NFTs comes with the copyright rights. Im not sure why this project has it and others dont. Copyright isnt REALLY protected by law as it is. companies filing suits and protecting their own ip is what does.
Hey, that crown is a perfectly good physical object, that you can place upon your head, unlike nfts. I would gladly fight someone over ownership of it, and wear it as a trophy of my martial prowess!
It's the American way lol. Hell, it's the way of humanity but thankfully enough of us believe in civility and wrongful logic is generally looked down upon
Darkwing lives in Australia. So supposedly DW decided not to give back, Can Seth even sue him in US Court ? and if yes, How does he plan to even bring him to US?
as an illustrator, it's been terrifying watching the industry i want to spend my career in be consumed by nft grifters, scammers, and thieves. i always love to see stuff like this bc i hope it'll rightfully scare people away from the space
Poor soul thinks art will sustain them Just remember to make dozens of useless merch, toys and shitty clothing so you milk the people following you. Or better yet, sell your soul to a corporation and get a stable income while slowly dying inside. Good luck.
I hate the NFT art thieves the most. How do you solve it? "Make your own NFT each time you make an art piece" But what about old art? Well you gotta pull em down and race getting all of them with NFTs.. wich if you are a starting artist being stolen from is impossible vs the NFT mining rigs. NFTs are just fucking receipts anyway. Hanging a NFT on your art doesn't give them ownership at all and infact if taken to court, you will win as the owner of the art piece. But... again... that's a long path. I fucking hate what NFT scammers did to artists, but I seen other artists selling their own art as NFTs gain money to support themselves so it's not all doom and gloom, but again.. that's a very small percentage that does this.. LIKE VERY SMALL. Don't recommend the NFT market at all since it's a landmine field filled with gold nuggets.
Tasty tasty schadenfreude... Mmmmm As much as I am overjoyed to see NFTs and crypto go right down the drain, part of me is a little sad to see them go because I'll be losing an excellent source of said schadenfreude and entertainment
This actually sounds like the first half of a great Robot Chicken sketch. I can imagine the second half being Seth further embarrassing himself until finally getting the NFT back and making the show only for everyone to fucking hate the show.
In many jurisdictions receiving stolen property is a criminal offense but if the party receiving the goods acted in good faith not knowing it was stolen they don't get charged. However, once they're aware of the fact that the goods were stolen if the receiver chooses to keep the property he may be leaving himself open to criminal and/or civil liability. Many jurisdictions have laws on the books that make it illegal to profit from a crime.
It's honestly a good thing. I hope and pray that every single nft that ever gets sold ends up exactly like this one, stolen and the person who created it gets fucked over. NFT's should not exist.
NFTs are like chickenpox, people who have them are obvious and always doing something to let you know they have it (willingly or unwillingly). Except no one throws NFT parties to get other people's kids infected so they build an immunity to it.
@@fuzzyskinner3425 don't wanna be that guy but I'm sure there's something out there that's somehow an even bigger waste of electricity that does equal amounts of nothing but people don't notice or ignore it
Seth Green's greatest contribution to humanity would be setting a precedent in court that destroys the foundation that NFTs are built and marketed on. I support him all the way. One small win for him would be a massive loss for the entire NFT community.
nah its one more step, Seth Green gets his NFT back, darkwing dosnt get their crypto back,,,,,, then the scammers as noted in earlier comments 'steal' their own NFT's, sell them grabbing crypto they can launder,,,,,, then say oh noes my NFT was stolen i want it back,,,,,,, rinse repeat
Seth Green is one of the “chosen tribe”. He will not work to set such regulations, his ilk are drawn like maggots to a festering corpse when profiting off of baseless speculation is an option.
@@Draliseth you can have comments hidden if they contain stuff like slurs or specific words (usually curse words) , either that or they were bad enough that the channel creator or a moderator removed them themselves, usually done if the comment was rude, an attack, or of bad faith I'm guessing people are trying to be bad and the comments are hidden for it. That or they accidentally said a word TH-cam didn't like and TH-cam removed it for them One or the other
I love the irony. It makes my blood red. Seth talking about how NFTs allow "passionate fans to own a piece of an IP" and then when someone *legally* owns a piece of his project, he blows his shit. Typical entitled Big Thought culture, right there. Everything is big ideals until someone flips them over and shows you how incredibly stupid they really are.
@@Maria_Erias I mean there's the argument to be made that because the purchase was the result of theft the purchase is illegitimate. Remember he didn't accidentally put it up for sale. Still. Fucking hilarious he thought he could just get it back instead of realizing the entire NFT economy is basically everyone stabbing everyone in the back
@@shinji391 I'd rather do one of those foot wide plots of land that gives me the right to call myself Lady Lumen, that's way more cool than the ugliest ape art
@@Matt_History It doesn't matter whether it was stolen or not when it was sold - what matters is whether the buyer bought in good faith. That's definite US law. If the buyier bought the NFT in good faith, then it's legally his. Period. There's no legal recourse.
It's funny how this perfect record of ownership is actually worse at getting you the rights to use something than just signing a contract. Can't wait for this NFT craze to die.
@@Mike_Dubayou this blurb is ripped straight from an NFT website. "In fact, due to their nature, not only are NFTs untraceable, but the cryptocurrency transactions are also untraceable." So please shut the fuck up people. This is literally the main claim crypto and NFT bros make.
They will hit us with NF-Coins in no time, followed by Meta-Psy-token 2.0 mkIX, there was a guy who sold the Brooklyn Bridge to dozens of tourists back in the days, fyre fest and theranos, Nikola motors, name it, till we effin' turn back to dust
@@seekittycat sad or not, it's the perfect story for gaining media attention. Most people outside of crypto circles probably would have never heard about this project or show if it weren't for this, but probably would click on the headlines this stunt has generated. I know it's a bit conspiracy theorist-y, but I don't think anyone could design a better publicity stunt if they tried.
It technically wasn't stolen. Seth gave permission to the scammer to his wallet himself and the scammer helped himself. Yes, he was deceived into it but often times if you're careful you can catch these fishy transactions when you're asked to approve them. So, he was a bigger moron than most people believe :) The wallet expressly tells you the contract is asking for full access to the wallet and you have to approve it. It also forces you to scroll through the text before approving the transaction! Those transactions are not normal. You don't have to provide that access during regular transactions.
I'm honestly surprised that any production company would want to help make a show based around an NFT. The legal situation is simply horrible, as shown by the "theft". I mean what happens if Seth somehow gets the NFT back, and its stolen again? Production again stops. What happens if its when the show is airing? Is the show pulled because the new license holder says stop? Does the company have to make a deal with each successive owner? I can't imagine any company wants to deal with such a headache and I get the feeling that this show is dead, even if the NFT is "regained".
I'll be curious to see how this develops. Within the US, for something physically real, just because you have it in your hands, doesn't make it yours, even if you unknowingly bought a stolen item. If the law finds out and can track down the item, you as the current "owner" will have to return it to the previous proper owner. The exact process varies some though.
What I don't get is why he didn't go directly to BAYC & offer to do a show w/ an Ape if they gave him the rights to make one off the risky blockchain where stuff can & has been stolen before. They "own" the _"art"_ style, so Seth couldn't just make his own Ape, so why not say, "Look, I'm famous for my animation & comedy via shows like Robot Chicken. You give me the rights completely of an ape that can never be stolen or lost in any way & I'll make a show publicizing BAYC."? It's nonsensical to use anything on the blockchain for a show knowing they _ARE_ regularly stolen.
It absolutely wouldn't have been good. Let's be real: while I think most people would agree Robot Chicken was funny at times, and think we can all agree it's always felt like a show 5 random guys could've made. Even Family Guy had Seth MacFarlane's genius knowledge of classic television and lovely singing voice. On Robot Chicken meanwhile, legit talent is completely wasted. (Sarah Michelle Gellar, Rachel Leigh Cook, Matt Senreich, etc)
Imagine an entire entertainment project with potentially millions of dollars invested gone down the toilet because the IP was illegally but also legally acquired by someone else.
The thing is, even if the blockchain shows who owned it last, you can still plead innocence because how were you supposed to know that it wasn't a legit transfer? You cannot seriously be expected to contact every single prior owner to check.
The funny thing is that famous people really do think "hey i can capitalize on my fame by scamming fools", but they never realize that they're the pretty easy to scam...
It would've been far more interesting if he continued to make the show anyway but had the characters that were "stolen" just be a black outline with the text "missing asset" as their character design
It's unlikely that the NFTs could even have character IP rights associated with them at all. Many of them are nearly identical, so they can't really have distinct IP rights. Let's say I buy an ape with their mouth closed and I create a show with it. If someone else has the same one with its mouth open, can they sue me if my ape opens its mouth? Some of them only differ by a background color. How do the rights work if you don't use it? Can the ape legally change its shirt in Seth Green's show? It's not a good situation to be in, legally.
The thing is Bored Ape made a contract stating if you own the NFT, you own the IP of that specific ape. Which means, yes, you can't do jack shit with it unless you own it. I don't know how that's *enforceable* when you don't literally own the content linked by an NFT, but it's probably a TOS thing of "you own the hyperlink, we honor your ownership of the IP."
@@UltimaKeyMaster That might work okay for that specific image, but not a full character for a TV show. The entire ape collection is effectively 1 character, but with different clothes/expressions. It's like owning the rights to Barbie, but only while she's frowning and wearing a purple shirt. And someone else owned the rights to her smiling and wearing the same shirt. Also, it's not clear the contract is even enforceable, since there's no assurances that all sellers are agreeing to the terms. Although I guess ultimately Yuga Labs owns the rights and their site just explains how they license the apes. They could change that own a whim, I think.
@@cadekachelmeier7251 Yeah for all I know it's not a legally enforceable TOS. But it's the only "laws" they have to abide by, so it's hilarious that according to their own rules, Seth doesn't own his own main character.
The sad problems you encounter when your "art" is actually just randomized collections of lazy illustrations, superimposed with even lazier random patterns of nonsense colors.
Truth be told nft's just have always felt like to me more along the lines of the mob that normally trades in art to launder money getting tired of the pretense of art and just making up their own thing to do it
Not a fan of NFT, micro transactions, or any of that stuff. I buy a whole game to play the game not take a trip to gamble land or any of that crap being thrown in our face ya know. Let us gamers just game and live our lives and enjoy it.
With zero regulation by design, the term "Stolen" really isnt applicable If I steal something, that doesnt make me the new legal owner of that thing. I submit that the darkwing guy has not purchased stolen goods, but is simply engaging in exactly how these are supposed to function without any regulation or oversight.
I have a friend who is into it hard. He got lucky with some crypto--made close to $800K--and now he's all about this shit. He had lost tens of thousands over the course of a decade before he made any significant profit. He was pretty terrible at traditional trading of stocks and has abandoned that avenue. Literally can't argue with him about how stupid NFTs are though because he's the one with almost a million dollars.
The best part is that the people who made Bored Ape Club have zero idea on how copyright actually works. They claim that NFT owners are protected under copyright laws but that can't be farther from the truth, since only things can be protected under copyright laws. Where am I going with this? Well, since all Bored Ape NFTs are made by an algorithm, copyright laws don't apply at all, there was actually one court case where a cameraman had his camera stolen by a monkey, the monkey took a selfie and the cameraman wanted to claim copyright on the photo, since his camera was used to take the photo, but it was ruled that since the monkey made the photo, copyright laws don't apply to it. So it doesn't even matter if the surgeon bought a stolen NFTs, copyright laws don't apply here at all.
The real funny thing is if he just paid an artist to commission a character for him for commercial use, there would be grounds for legality of copyright use. Ridiculous.
Terms of Service: *_You are free to use the thing we sold you as you see fit, even though we technically don't own it. Which means you won't own it, but we'll tell you it's yours... until it isn't._*
What is see happening with NFT’s is that the value will increase until it’s no longer appealing for the average person, at which point the whole thing will collapse as it’s value is entirely on someone being willing to buy it
Lmao not even close, yea is just a pathetic tabloid peddler posting inflammatory topics for views. Hahahahahaha this is the funniest thing I've read in years.
If I remember right the guy who invented nfts did not and does not like where this idea went and this wasn't his vision whatsoever but I could be wrong
This is so stupid. Seth Green should've just made a licensing agreement with BAYC to begin with. BAYC literally said they'd prefer that. If so sick of this NFT bullshit. If Seth want to make a show about primates just make a show about primates. People want to see a Seth Green show not an NFT show
I really hope this goes to court _and_ that Seth wins. That would mean the NFT itself, the receipt, is legally deemed worthless. That it would not matter who's name is on it, it does not prove you own anything. I don't have enough popcorn for the shitshow that would happen when these scammers try to twist that into a positive.
I share the same hope. Winning in court would set great precedent. _(This NFT market needs regulations, like all financial markets, and it's inevitable; it's going to happen...so we might as well get it over with!)_
That's not correct. If you steal money you basically "own" it. If some proves in court you obtained it from them by immoral means you might be made to return it to them. It doesn't mean the money is worthless.
It's really a lose/lose for NFTs. Seth wins and NFTs are no longer a new and novel decentralized record of ownership, because the NFT contract is overridden by law. Seth loses, and it proves that NFTs are incredibly volatile, and that you have no recourse in the event of scams or theft. That will send a chilling effect to any company trying to capitalize on NFTs in the same way.
@@Galanthos 3rd option: Seth wins on the basis that the NFT should be returned to him. He regains the rights and NFTs become more popular as it is demonstrated that they both do represent something of actual value and you do have recourse in the case of theft.
This is so funny to me. As a programmer, I've heard some actual good ideas for NFTs and tokenization as profit sharing schemes for creators. Group publishing, unique digital business cards, and searchable contract databases are some of the better examples. It's a landscape filled with moronic ponzi schemes though, in reality. The other problem is the technology, smart contracts are designed in pretty much the dumbest way imaginable, making them mostly useless. I hope in another ten years people start using blockchain for its true potential instead of this stupid shit.
Ape nfts: "ownership of copyrights is decentralized" Also ape nfts: "ownership of copyrights is decided by the rules created by the centralized entity that made the nft in the first place" Scammed nft buyer: "no! Copyrights of the IP is decided by the centralized government!"
At my last job (which was like, six months ago), it was the first time I'd ever heard of NFTs. A co-worker mentioned something about it. He said something like "It's a digital photo you can buy." Then, and even now, I thought "That sounds fucking stupid." Lo and behold, I was right.
I wish NFTs would just die, with this situation being an example as to why it croaked... but we already know they'll just modify the system to make NFTs more palatable to the masses and everybody will eventually buy in
Wouldn't it be nice if the NFT wasn't returned at all? Not for money, not for trades, not for anything? Wouldn't that perfectly prove how bad a decision any activity with NFTs is?
What I'm wondering is: what has the environment impact of this theft been? Etheirum is one of the WORST when it comes to carbon footprints. If Darkwing returns it, does that mean there's ANOTHER chunk of wasted energy to add to what has already been used for the first and second sales?
Ethereum has moved to proof of stake, which reduces the energy requirements greatly. It now only uses as much power as TH-cam, whereas before it was using as much as an oil refinery or a steel mill.
Listening about NFT remind me of Tulip Mania, where they bought and sell Tulip flowers in Dutch. What's different though, you get a real tulip once it goes wrong.
Thier are 2 things the runescape tot me is that people will pay good money for work they don't have to do themselves and people do not care about the rules until it effects them. This just proves that the second one is right because they want to "get away from government regulation" but then when something like this happeneds they want to drag it back to "well copyright says this"
If it went to court it would be a complicated case that would likely end up being about does the licence agreement still apply if the owner of the nft didn't agree to it and if the agreement doesn't apply who ends up with the rights. The rights only transfer because of the licence agreement which makes this a contract law problem involving a stolen asset.
I feel bad but if this is the price needed to be paid for NFTs to die off as a scam model then so be it. Also who buys a random pic for 200k. Dude must have known something was up for such a steep price.
17:36 ''He's only contributed to further tarnishing the nft name. He's only contributed further to stigmatizing them by showing just what a shitshow it all is.'' Does this make Seth Green an unsung hero?
What I don't understand with people who buy NFTs... is that they could potentially hire a really good artist for that price and commission more than 1 single portrait of an ugly monkey. I really don't understand people who feed into the hype, man...
Harvest Dawn from Oblivion plays as my brain laughs again* Also if Internet Historian does make a video on NFTs I have a feeling Seth Green is going to be one of the many main topics.
I’m hoping Darkwing has contacts with the hackers, and they steal constantly, he “pays” exorbitant prices, and they transfer the money back to him, and then can try to barter with the “well I paid this much, so what’s it worth to you?” Reminds me of the whole WATA game grading thing where they trade amongst themselves to artificially raise the price.
There’s no sympathy or empathy I have for people who lose these things. They should’ve known what they were getting into when they first bought the NFT. They should’ve realized how unregulated and potentially dangerous this market is. In other words: play stupid games, win stupid prizes.
"let art stand as art" Could not have said it better myself. True art is both priceless and valuless. If you are buying art for the sake of the art, you do not seek out famous or pristegious socialites to peruse their gallery. People who do that are not seeking art, they are seeking social status. If you want art you seek out an artist who you trust to create what you have in mind, or you see a piece that you really like and so you buy it, whether it's $10 or $1000 is not the point, it's the art. Historical art is another matter, and that stuff rightfully belongs in a museum.
![ประสบการณ์ จ้าง Developer ที่ผมจะไม่มีวันลืม [ภาค2]](http://i.ytimg.com/vi/pZbsSDRrmXA/mqdefault.jpg)
Regardless of whether Seth Green gets his NFT show back or not, all he has done is shine a brighter spotlight on what a shitshow NFTs are and only accelerated their stigmatization. I'll take it.
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It's just so funny that they all claim NFTs are making art unique, and jump on an unregulated market so it's not dictated by government laws and policies, and then talk about nothing but copyright and lawsuits when they get stiffed.
Not to mention the fact that you’ll soon realize that NFTs, apart from select few, are so similar to each other, especially the Bored Ape variant. What’s so different about a monkey in a suit and the one in jacket?
That's my thoughts on this as well. These people are fools if they can't see how easily they can get scammed.
Best part is I can un-unique it in 3 seconds with an amazing windows feature called "snipping tool" lol
*Cryptobros trying to sell their NFTs:* Dude bro, you don't understand! This is the blockchain, free from all government oversight! This is going to be the way of the future, dude bro!
*Cryptobros when their NFTs get stolen:* Save me, government!
Play stupid games, win stupid prizes.
@@MisterVercetti Cryptobros should rename themselves as, "Broke Ass Bros!" ROFL! 🤣🤣🤣🤣🤣🤣🤣🤣🤣
NFT Bros: "Code is law"
NFT Bros after they have been scammed: *Court is law*
Take my 69th like. Computers are more rule-based by code, and only as good as the person who implemented the code.
@@Aereto Especially when you can't even update or test it because it's been "democratized". Like seriously, who thought smart contracts were actually "smart"? It's a literal programming anti-pattern and the opposite of how agile design works.
Mr.Incredible: LAW IS LAW
Lmao
@@Aereto And that is the fun part, how many times haven't DAO's been broken by bad code. Or have crypto coins lost value because due to bad coding someone could withdraw a lot of value. And more fun, at times the code was so bad that value could be put IN the system but the code was borked such that no value could be taken out.
Yup, some projects had such bad code that you could put money IN... but never draw it out. Not even the development team could do it.. so much ether stuck in the air...
NFT news is almost as entertaining as Fallout 76 news was, and you didn’t have to buy either to get hours of entertainment!
Unlike Fallout 76 NFTs wont get better with time lol
Same for me with New World, that was so entertaining to watch stuff about.
NFT news is more entertaining than 76, New World and 2042 news combine!
😂😂😂😂😂😂😂😂😂 Right. Don't forget about bf2042 too
Lolz
Rivaling Stadia levels of entertainment
NFT 'bros' : "We want a non regulated market without any laws."
The non regulated market: "OK" **Proceeds to turn into a Scammer's dream land**
NFT 'bros' : "This is outrageous, this is unfair"
This is the world you wanted, now bathe in it. I don't care if it burns like bleach.
Me, to these NFT bros.
If this actually went to go to court it could go two ways:
- Seth Green wins and in the process ruins the main selling point for NFTs in it being a deregulated decentralised ledger that no individual, company or country has control over.
- Seth Green loses and the whole media circus around it only shows more and more that relying on NFTs isn't a good thing. Aka massively bad PR for the whole NFT and even crypto space.
Except for DarkWing giving/trading it back or Seth Green just giving up this would be a massive lose-lose for the entire NFT market/players.
I love how the whole point of NFT is how it's unregulated by the government but the moment it gets stolen, they all look at the government for compensation.
Ah, it would be hilarious if it wasn't so predictable
Same as crypto
I never understand how wealth is endlessly consuming...this guy already made it with a legit career and here he is wasting time with this crap.
the very definition of irony --delicious
LOLbertarian theory at work
This is probably the one and only time that someone buying an NFT counts as *GOOD* news...
Hope he makes Green pay through the nose to get it back. This is just ridiculous.
Wwll buying stolen goods is theft, theyd be siezed and returned eventually.
Nah. NFTs helping straight men move out of their parents' homes before turning 30 is an actual example of uplifting news with NFTs, since full time jobs will not help in that regard anymore.
@@TimTams_64 you are right on that, but thing is, how would the government seize nfts and cryptocurrencies, seeing how they are unregulated (currently) and impossible to revert any illicit transfer, unless you cause a fork in the system?
unless the government raids the guy's house to get the password to the account that holds the nfts, its unlikely much can be done about this.
also doesn't helps how, from a legal standpoint, its hard to know if a transfer is supposed to be legit or not, considering any transfer is called a transaction, so that would be pedantics that would have to also be argued with for a long time.
@@akiranatsume3501 yeah judging by all your comments on this channel, you're trolling lmao. Saying that "nfts are for straight men and the darn LGBT people are cancel culture-ing nfts" is so obviously fake lol
Of course he's not going to return it. Imagine the precedent _that_ would set. Everyone would steal their own NFTs, sell them off and then demand the new owner returns them.
Yea wtf lol.
That was confusing
Ooooooh! Lol
Yeah more than likely he'll keep it and say he was just collecting it and didn't realise it belonged to someone already, there's no way he'll return it for free whatever happens.
I don't think you can steal something from yourself.
I scincerely hope Seth tries to take this to court JUST so that NFTs get dragged into the headlights of the legal system. It would be interesting to see if they hold up to scrutiny.
it's funny how they advertised NFT as supporting ARTISTS while actually a lot of NFT's are also sometimes just stolen from Artist without their knowledge, as a Artist myself and hearing about it the first time from Artist friends it made me really sad about this way of exploiting the Art and Artist that made these wonderful pieces
That’s a massive problem with NFTs, there’s no demand for proof of ownership of the image before minting. It’s too easy for NFT-bros to copy paste an image, mint it. When the artist catches on to what’s happened they have to rely on the NFT community to fix it, which is a seemingly very hypocritical excuse one.
Another reason to hope that NFT's will just crash and things return to normal.
Calling the bored apes "art" is kind of hilarious.
As hilarious as calling NFTs "ownership"
that shit looks cringe ugly AF lol Wtf is up with modern humans
wasting crazy money on some dumb poorly creative jpegs
I won't even save those images on my Desktop files for free.
@@Spike2276 Explain to us what is an NFT, please.
@@volpe_sol "Not" is required to have outrageously expensive amount of money to purchase
"Fungitible" Meaning the Squared Image
"Token" That is assets
*FUNGITIBLE TOKEN*
IT IS FREE EVEN ASSETS CUZ SQUARED IMAGE HAD NO SECURITY, WHAT A JOKE!
STOCK IMAGES IS BETTER
@@Mizuryryn …thats what i thought.
Crypto Bros: "I love NFT's! there is no legislation and rules to stop us!"
Also Crypto Bros: "If you steal my ape, I will take you to court!"
-im not on USA-
"YOO CRYPTO DUMB APES SEND ME TO COURT! I MADE A WEBSITE THAT DISTRIBUTE THOUSANDS "SAVE IMAGE AS" NFTS
GOOD LUCK FINDING ME"
this is more interesting than The TV show would be.
So true 😂
That’s a low bar to be fair
At this point we've had plot development, character introduction motivation. An end goal stated. Already better story elements than most
Bro imagine like a 2009 hackers related series like 24 that would be great
@@lineheart972 Now that's a comedy lol
The simple fact he's trying to reach out too Darkwing instead of unleashing his lawyers proves how utterly fucked he is 😆
@@Marshall97531 lol yeah
@@Marshall97531 "APE GONE?!"
I love how NFTs have basically laid bare the complete, abject failure that is a totally unregulated market. You don't want grubby rules and regulations getting in the way of your market? Whelp, you're gonna have to accept the rampant scams, theft, and general malfeasance that come with it. A market is like a colon: without regulation, you find yourself either totally backed up or spewing shit everywhere. A little regulation goes a long way.
A regulation a day keeps the Banana Republic away!
that comparison is the worstbest description of it i ever read
Honestly, whoever stole that Bored Ape NFT Should be given a Medal of Fucking Honor, for saving us from that fuckin show.
my thought exactly.... WTF kind of trash show is going to be made about a fucking NFT..... greattttt more good stuff being bumped off adult swim for MORE of seth green's literal TRASH
Agreed chief agreed
AB-SO-LUTLEY!
If it goes to court there's two options: Seth loses and there will be precedent that the whole scheme is dangerous, prices crash into Earth's core, Seth wins, and suddenly NFTs are recognized as worthless by the law. It's a lose lose for crypto bros if it happens, but I doubt the guy even comprehends the consequences of trying to get the law involved, will need some popcorn for that
of course not, he just wants his fake investment he can hold and someday sell, he dosnt look at the fact that the law getting involved is the absolute worst thing possible for the whole sector
Absolutely perfect, let them crash and burn.
Seth winning wouldn’t render NFTs as worthless by law, just redundant. As long as the trade history is approved by the juridical system and thus the state, the NFT counts as a token that corresponds to the IP.
But you know, if the trades are approved by the juridical system, there is another form of goods available that can be traded and counts as a proof of holding the IP. This being the actual IP.
Also, there are actually more valued attributes of NFTs people mean when they say “code is law”. Complete lack of financial regulation making washtrading, tax fraud, non-disclosed advertising possible. The future of those is still open.
Imagine buying an nft and someone freaks out seemingly out of nowhere and threatening to take you to court
A famous person, no less, and now your pseudonym is in the news
More great marketing for the NFT broskis: Not only do you get to have your ugly, worthless receipts stolen, you also get a nice likelihood of getting called out and dragged into the public eye for purchasing one of those stolen, supposedly super secure, crimes against good taste.
I still think it a bit odd that someone paid well above typical market value for this _particular_ NFT without knowing it was special in some way. More than 25% above average.
@@DamnedSilly of course he knew 🤣
Allegedly or whatever
Meanwhile these crypto bros are having a breakdown in rationale to the point of beyond logic and sense of coherent context, trying to pull examples that do not connect the dots like Sovereign Citizens.
NFT Proponents: NFTS ARE GOOD FOR ARTISTS!!!
Seth Green: Instead of hiring artists to create original artwork for my show, I'll spend $200k on an ugly AI generated scam salad to be my main IP.
Generated Art can't even by copyrighted...
Without a human hand to it, or enough of that, it simply is not human made nor human art. Hence no copyrights.
Yup I can print your ugly ape on a tshirt and sell it... since nobody owns an actual copyright on it.
Unlike having a real artist draw an ape...
I love how Green spent all this time and energy learning about NFTs and copyright law yet fails to understand why someone wouldn't just casually give away something they invested $200k in.
Wow, someone who paid 200k for a link to an absolutely garbage piece of "art" is an idiot? I never saw that coming.
I wish Seth Green would learn that NFTs are scams!
I am your 69th like! 💜
@@BeepBoopShow now that's a real flex, unlike owning an NFT.
He knows. He’s just disappointed that he didn’t get a chance to scam people himself.
The irony is that this all happened to a guy who founded an animation studio called "Stoopid Monkey".
Why yes, Seth. You've certainly proven yourself to be one.
Seth doesn't even realize that auto-generated images CANNOT be copyrighted by US law, and he's freaking out about nothing, here. Of course he fell for the NFT scam.
The fact that this man is trying to bargain for a fucking jpeg link is a perfect example of why we are doomed as a species.
Hey, don't bring the species into this. The stupid die off, along with their stupid memes (cultural/behaviour trends). Those who are better survive.
He can but it for 200k from darkwing
What SGM said. Most people are laughing at him. I think we're fine lol
@@KittyKatty999 you'd think the stupid would die off but that is sadly not the case.
@@KittyKatty999 I don’t know… we’re getting a bit too good at keeping stupid people alive. Bags of peanuts have nut allergy warnings.
if seth green has studied copywrite then he'd know that a piece of art not created by human hands is not copyrightable. there is caselaw holding this up.
Not quite true. More of a human inspiration + human action to fixed media. Most of the nfts are sort of interesting because the "traits" are made by people and clearly copyrightable. It gets interesting if the images referenced by the nft can be. Probably "it depends" is the right answer.
Callum Upton wrote a little bit of code to automatically generate NFTs from images in a folder.
copyright*
Is that from the monkey selfie case?
@@RobertSzasz that sounds like the individual assets that comprise the ape are copyrightable but the ape itself is not copyrightable since the AI creates apes by randomly choosing from a pool of assets for each part of the ape.
Well when you want to deregulate everything, be prepared for the regulations to do nothing to help you.
Anyone who gets scammed though NFTs get what they deserve.
I want this to go to court. I want these people to have to argue that suddenly the blockchain isn't proof of ownership. I want them to be hypocrites on a stage.
Basically since its not regulated, the idea of people owning NFTs isn't even enforceable since there isn't any legal precedence to do so.
You own nothing. The only thing you own with an NFT are the string of numbers and letters at the end of a URL.
Runescythe9852 It was those NFT bros that spitted craps about no lawsuits involved, yet they still come to them to claim their shits 🤡😂
@@ricardohoang8452 Pretty much an apt comparison to a statement Yong Yea made in the last video about this.
... then why Seth Green doesn't just make the show?
@@shinji391 actually upon doing further research, somehow and for some reason this specific run of NFTs comes with the copyright rights. Im not sure why this project has it and others dont. Copyright isnt REALLY protected by law as it is. companies filing suits and protecting their own ip is what does.
I kind of imagine this whole NFT copyright thing as a bunch of kids fighting over a Burger King crown
Hey, that crown is a perfectly good physical object, that you can place upon your head, unlike nfts. I would gladly fight someone over ownership of it, and wear it as a trophy of my martial prowess!
Lol 😂 it's funny you mentioned that because I've seen children fight over the BK crown before lol.
The idea that "if you steal it it's just yours" is so insane to me.
I mean bearer bonds used to be a thing. NFTs are just bearer bond .jpegs of ugly monkey art.
Pretty sure darkwin bought it
It's the American way lol. Hell, it's the way of humanity but thankfully enough of us believe in civility and wrongful logic is generally looked down upon
Darkwing lives in Australia. So supposedly DW decided not to give back, Can Seth even sue him in US Court ? and if yes, How does he plan to even bring him to US?
as an illustrator, it's been terrifying watching the industry i want to spend my career in be consumed by nft grifters, scammers, and thieves. i always love to see stuff like this bc i hope it'll rightfully scare people away from the space
Digital art market became the same as real art. Fucking blue sells for millions. Don't forget the white line though. Adds at least a few more million.
Poor soul thinks art will sustain them
Just remember to make dozens of useless merch, toys and shitty clothing so you milk the people following you.
Or better yet, sell your soul to a corporation and get a stable income while slowly dying inside.
Good luck.
I hate the NFT art thieves the most. How do you solve it? "Make your own NFT each time you make an art piece" But what about old art? Well you gotta pull em down and race getting all of them with NFTs.. wich if you are a starting artist being stolen from is impossible vs the NFT mining rigs.
NFTs are just fucking receipts anyway. Hanging a NFT on your art doesn't give them ownership at all and infact if taken to court, you will win as the owner of the art piece.
But... again... that's a long path.
I fucking hate what NFT scammers did to artists, but I seen other artists selling their own art as NFTs gain money to support themselves so it's not all doom and gloom, but again.. that's a very small percentage that does this.. LIKE VERY SMALL. Don't recommend the NFT market at all since it's a landmine field filled with gold nuggets.
Well, this case might indeed lighten your mood then, as one of the grifters got grifted :D
Nft is a ponzi scam.
NFT failings left and rigjt are my #1 source of entertainment in this ever increasingly hard and unpredictable world.
Tasty tasty schadenfreude... Mmmmm
As much as I am overjoyed to see NFTs and crypto go right down the drain, part of me is a little sad to see them go because I'll be losing an excellent source of said schadenfreude and entertainment
Would you have any links to good content?
I would love to see some NFT bro meltdowns.
all the regular Joe can afford to do anymore is laugh at the rich and their lunacy
@@mahks-pectith3179 at least their lunacy that involves trying to avoid regulations and failing
You remember when Seth Green voiced Joker in Mass Effect and everyone loved him?
Peppridge farm remembers
I still love him I don't know what you mean
Or playing Dr Evil son Scott
This is why you need to separate the ACTOR from the *Character someone else wrote.*
He's basically now Chris Griffin for real.
@@Abigdummy4life nah, he will always be Joker
This actually sounds like the first half of a great Robot Chicken sketch. I can imagine the second half being Seth further embarrassing himself until finally getting the NFT back and making the show only for everyone to fucking hate the show.
In many jurisdictions receiving stolen property is a criminal offense but if the party receiving the goods acted in good faith not knowing it was stolen they don't get charged. However, once they're aware of the fact that the goods were stolen if the receiver chooses to keep the property he may be leaving himself open to criminal and/or civil liability. Many jurisdictions have laws on the books that make it illegal to profit from a crime.
It's honestly a good thing. I hope and pray that every single nft that ever gets sold ends up exactly like this one, stolen and the person who created it gets fucked over.
NFT's should not exist.
I'm glad they exist. They have shown us just how true "a fool and their money are soon parted" really is
NFTs are like chickenpox, people who have them are obvious and always doing something to let you know they have it (willingly or unwillingly). Except no one throws NFT parties to get other people's kids infected so they build an immunity to it.
It also shows capatilists will literally make a pollution machine that produces nothing if they can make a buck off it.
Lol the ones that create them are the only ones that win unfortunately. The ones that buy them get screwed (except the guy that bought this one lmao)
@@fuzzyskinner3425 don't wanna be that guy but I'm sure there's something out there that's somehow an even bigger waste of electricity that does equal amounts of nothing but people don't notice or ignore it
Seth Green's greatest contribution to humanity would be setting a precedent in court that destroys the foundation that NFTs are built and marketed on. I support him all the way. One small win for him would be a massive loss for the entire NFT community.
nah its one more step, Seth Green gets his NFT back, darkwing dosnt get their crypto back,,,,,, then the scammers as noted in earlier comments 'steal' their own NFT's, sell them grabbing crypto they can launder,,,,,, then say oh noes my NFT was stolen i want it back,,,,,,, rinse repeat
Seth Green is one of the “chosen tribe”. He will not work to set such regulations, his ilk are drawn like maggots to a festering corpse when profiting off of baseless speculation is an option.
Why can't I see the replies on this thread..?
@@Draliseth you can have comments hidden if they contain stuff like slurs or specific words (usually curse words) , either that or they were bad enough that the channel creator or a moderator removed them themselves, usually done if the comment was rude, an attack, or of bad faith
I'm guessing people are trying to be bad and the comments are hidden for it.
That or they accidentally said a word TH-cam didn't like and TH-cam removed it for them
One or the other
@@DeitySkullKid well if they are hidden do you think there's a way to see them again?
This is so funny. NFTs have no value, but this one particular NFT has immense value to Seth Green specifically.
I love the irony. It makes my blood red. Seth talking about how NFTs allow "passionate fans to own a piece of an IP" and then when someone *legally* owns a piece of his project, he blows his shit.
Typical entitled Big Thought culture, right there. Everything is big ideals until someone flips them over and shows you how incredibly stupid they really are.
With NFTs, you own nothing. You only own the string of numbers and letters at the end of a URL
@@Maria_Erias I mean there's the argument to be made that because the purchase was the result of theft the purchase is illegitimate. Remember he didn't accidentally put it up for sale. Still. Fucking hilarious he thought he could just get it back instead of realizing the entire NFT economy is basically everyone stabbing everyone in the back
@@shinji391 I'd rather do one of those foot wide plots of land that gives me the right to call myself Lady Lumen, that's way more cool than the ugliest ape art
@@Matt_History It doesn't matter whether it was stolen or not when it was sold - what matters is whether the buyer bought in good faith. That's definite US law. If the buyier bought the NFT in good faith, then it's legally his. Period. There's no legal recourse.
"Hey, I can help you find this NFT thief!"
"Really? You can?"
"Totally. First, give me your account and routing numbers..."
"You got it!"
It's funny how this perfect record of ownership is actually worse at getting you the rights to use something than just signing a contract.
Can't wait for this NFT craze to die.
"NFTs are super secure and untraceable"
Seth Green getting his NFT stolen and then being able to find the guy who bought it within days.
Who made that claim? Because I've never seen it before.
@@NostraDavid2 literally the entire purpose of the creation of NFTs is to be untraceable and unregulated what do you mean?
@@Vashy434 people are confused because even crypto currency’s doesn’t claim to be untraceable. It makes you seem uninformed.
@@Mike_Dubayou this blurb is ripped straight from an NFT website. "In fact, due to their nature, not only are NFTs untraceable, but the cryptocurrency transactions are also untraceable."
So please shut the fuck up people. This is literally the main claim crypto and NFT bros make.
If NFTs are not untraceable and unregulated then why the fuck do they even exist?
Every time some bad shit happens to NFT "investors", my smile only gets wider. I hope they crash and burn and never return.
They will hit us with NF-Coins in no time, followed by Meta-Psy-token 2.0 mkIX, there was a guy who sold the Brooklyn Bridge to dozens of tourists back in the days, fyre fest and theranos, Nikola motors, name it, till we effin' turn back to dust
You probably look like the barber from Courage the Cowardly Dog
I'm not entirely unconvinced that this is just a giant marketing ploy, the ape was NEVER stolen, and this entire thing was a complete grift.
That would be hillarious imagine making a sad kidnapping storyline only for everyone to laugh at it
@@seekittycat sad or not, it's the perfect story for gaining media attention. Most people outside of crypto circles probably would have never heard about this project or show if it weren't for this, but probably would click on the headlines this stunt has generated.
I know it's a bit conspiracy theorist-y, but I don't think anyone could design a better publicity stunt if they tried.
@@Straviradius counterpoint: could somebody who falls for nft's and crypto be smart enough to make the conspiracy work? I say no.
It technically wasn't stolen. Seth gave permission to the scammer to his wallet himself and the scammer helped himself. Yes, he was deceived into it but often times if you're careful you can catch these fishy transactions when you're asked to approve them. So, he was a bigger moron than most people believe :)
The wallet expressly tells you the contract is asking for full access to the wallet and you have to approve it. It also forces you to scroll through the text before approving the transaction! Those transactions are not normal. You don't have to provide that access during regular transactions.
Conspiracy theories always greatly overestimate both how stupid the public is and how smart the conspirator is
I'm honestly surprised that any production company would want to help make a show based around an NFT. The legal situation is simply horrible, as shown by the "theft". I mean what happens if Seth somehow gets the NFT back, and its stolen again? Production again stops. What happens if its when the show is airing? Is the show pulled because the new license holder says stop? Does the company have to make a deal with each successive owner? I can't imagine any company wants to deal with such a headache and I get the feeling that this show is dead, even if the NFT is "regained".
I'll be curious to see how this develops. Within the US, for something physically real, just because you have it in your hands, doesn't make it yours, even if you unknowingly bought a stolen item. If the law finds out and can track down the item, you as the current "owner" will have to return it to the previous proper owner. The exact process varies some though.
"He was making a show off his nft"
What the hell?
Welp, I'd say he deserve everything that's happening to him.
There is such a low chance that this show would be even slightly good that it being stolen was probably the best thing that could've happened.
What I don't get is why he didn't go directly to BAYC & offer to do a show w/ an Ape if they gave him the rights to make one off the risky blockchain where stuff can & has been stolen before. They "own" the _"art"_ style, so Seth couldn't just make his own Ape, so why not say, "Look, I'm famous for my animation & comedy via shows like Robot Chicken. You give me the rights completely of an ape that can never be stolen or lost in any way & I'll make a show publicizing BAYC."? It's nonsensical to use anything on the blockchain for a show knowing they _ARE_ regularly stolen.
It absolutely wouldn't have been good. Let's be real: while I think most people would agree Robot Chicken was funny at times, and think we can all agree it's always felt like a show 5 random guys could've made.
Even Family Guy had Seth MacFarlane's genius knowledge of classic television and lovely singing voice. On Robot Chicken meanwhile, legit talent is completely wasted. (Sarah Michelle Gellar, Rachel Leigh Cook, Matt Senreich, etc)
Dude should've just said "No one wants to watch Seth Green's dogshit show based on an NFT, so I'm sparing the world that pain."
Literally the best comment ever.
Imagine an entire entertainment project with potentially millions of dollars invested gone down the toilet because the IP was illegally but also legally acquired by someone else.
Schrödingers IP xD
Nothing of value was lost there
Something says Seth Green went to the source and asked them to do something but didn't read the terms.
The thing is, even if the blockchain shows who owned it last, you can still plead innocence because how were you supposed to know that it wasn't a legit transfer? You cannot seriously be expected to contact every single prior owner to check.
A lot of these celebs are becoming so pathetic. Buying into open scams then getting robbed is something he should have expected.
They are celebs. They dont understand how the real world works, they live in a bubble of money and makebelieve.
The funny thing is that famous people really do think "hey i can capitalize on my fame by scamming fools", but they never realize that they're the pretty easy to scam...
Scamers never expect to get scamed themself.
“Free of government control” Call the government because he lost his ape nft
someone should make a comedy show about this whole situation.
Honestly, the idea about a movie about some guy trying to recover his NFT sounds like a way better idea than his show.
yeah its too bad nobody has the rights lmao
Make a comedy of this situation and then mint nft's of the episodes and put one in seth's wallet
@@WarpChaos NFT Guy the Movie
I think we're watching it
It would've been far more interesting if he continued to make the show anyway but had the characters that were "stolen" just be a black outline with the text "missing asset" as their character design
NOBODY WANTS AN NFT SHOW. NOBODY WANTS NFTS IN GENERAL!?!?!?
It's unlikely that the NFTs could even have character IP rights associated with them at all. Many of them are nearly identical, so they can't really have distinct IP rights. Let's say I buy an ape with their mouth closed and I create a show with it. If someone else has the same one with its mouth open, can they sue me if my ape opens its mouth? Some of them only differ by a background color. How do the rights work if you don't use it?
Can the ape legally change its shirt in Seth Green's show? It's not a good situation to be in, legally.
The thing is Bored Ape made a contract stating if you own the NFT, you own the IP of that specific ape. Which means, yes, you can't do jack shit with it unless you own it.
I don't know how that's *enforceable* when you don't literally own the content linked by an NFT, but it's probably a TOS thing of "you own the hyperlink, we honor your ownership of the IP."
@@UltimaKeyMaster That might work okay for that specific image, but not a full character for a TV show. The entire ape collection is effectively 1 character, but with different clothes/expressions.
It's like owning the rights to Barbie, but only while she's frowning and wearing a purple shirt. And someone else owned the rights to her smiling and wearing the same shirt.
Also, it's not clear the contract is even enforceable, since there's no assurances that all sellers are agreeing to the terms. Although I guess ultimately Yuga Labs owns the rights and their site just explains how they license the apes. They could change that own a whim, I think.
@@cadekachelmeier7251 Yeah for all I know it's not a legally enforceable TOS.
But it's the only "laws" they have to abide by, so it's hilarious that according to their own rules, Seth doesn't own his own main character.
The sad problems you encounter when your "art" is actually just randomized collections of lazy illustrations, superimposed with even lazier random patterns of nonsense colors.
@@UltimaKeyMaster really? The excerpt that Yong read states that you’re granted the license, not the IP. Is it stated somewhere else in the TOS?
They need to stop calling NFTs “art”. It’s anything but that.
art more like fart lol gottem
It's Very Much An Art. But Not In Any Good Way-
It's A New Art Of Scam, A New Art Of Fraud.
Truth be told nft's just have always felt like to me more along the lines of the mob that normally trades in art to launder money getting tired of the pretense of art and just making up their own thing to do it
There are NFTs that are art, and the people who made them are mad about them being stolen and used in a scam.
Not a fan of NFT, micro transactions, or any of that stuff. I buy a whole game to play the game not take a trip to gamble land or any of that crap being thrown in our face ya know. Let us gamers just game and live our lives and enjoy it.
If we want a trip to gamble land Vegas exist
With zero regulation by design, the term "Stolen" really isnt applicable
If I steal something, that doesnt make me the new legal owner of that thing.
I submit that the darkwing guy has not purchased stolen goods, but is simply engaging in exactly how these are supposed to function without any regulation or oversight.
"NFTs are cultish"
That's a very uncalled for insult.
To cults
This is the most entertaining thing Seth Green has done in at least 10 years. Thanks for the laughs my guy.
What About robot chicken?
@@jadak100 robot chicken hasn't been good in years
@@onepeso98 lies, you can hate on ntfs but leave robot chicken alone
@@S0LlDF0X yeah, robot chicken is the shit
@@jadak100 This NFT show is now better than Robot Chicken 😂
I don't know why do people still support NFT at this point
2 reasons
1: Because they got scammed with false promises.
2: They are the scammers who make the false promises.
@@CeHee123 3rf reason: they want to apart of the club.
Like poor people being ok with the filthy rich because they hope one day they'll be like them
I have a friend who is into it hard. He got lucky with some crypto--made close to $800K--and now he's all about this shit. He had lost tens of thousands over the course of a decade before he made any significant profit. He was pretty terrible at traditional trading of stocks and has abandoned that avenue. Literally can't argue with him about how stupid NFTs are though because he's the one with almost a million dollars.
@@EvanSaltare I mean, he made bank, so he won the game of NFTs. As long as he doesnt throw away his money, he is all good
Sunken cost fallacy.
People already spent too much money and are unwilling to admit its a scam
Seth Green has fallen so low. It's a shame.
Hard to believe that one of the finest VAs just went downhill like that!
The best part is that the people who made Bored Ape Club have zero idea on how copyright actually works.
They claim that NFT owners are protected under copyright laws but that can't be farther from the truth, since only things can be protected under copyright laws.
Where am I going with this? Well, since all Bored Ape NFTs are made by an algorithm, copyright laws don't apply at all, there was actually one court case where a cameraman had his camera stolen by a monkey, the monkey took a selfie and the cameraman wanted to claim copyright on the photo, since his camera was used to take the photo, but it was ruled that since the monkey made the photo, copyright laws don't apply to it.
So it doesn't even matter if the surgeon bought a stolen NFTs, copyright laws don't apply here at all.
The real funny thing is if he just paid an artist to commission a character for him for commercial use, there would be grounds for legality of copyright use. Ridiculous.
Terms of Service:
*_You are free to use the thing we sold you as you see fit, even though we technically don't own it. Which means you won't own it, but we'll tell you it's yours... until it isn't._*
as their saying goes "The Block Chain Never lies" ... RIP seth green that guy owned that not you
I can’t believe DarkWing would be so recalcitrant.
This really seems like something Negaduck would do.
Fantastic!
DarkWing - the heroes everyone doesn't even expect lol
let's hope dark doesn't cuck out.
NegaDuck has impersonated DW plenty of times. It sounds like a power move of most F.O.W.L. epicness.
Seth is living in a Robot Chicken sketch, now
What is see happening with NFT’s is that the value will increase until it’s no longer appealing for the average person, at which point the whole thing will collapse as it’s value is entirely on someone being willing to buy it
Yongyea is today's TotalBiscuit! Keep bringing that hard-hitting, heartfelt gaming comment & critique! Epic!
Lmao not even close, yea is just a pathetic tabloid peddler posting inflammatory topics for views.
Hahahahahaha this is the funniest thing I've read in years.
I can’t wait for: Seth Green gets his NFT back but no watches his show.
Seth Green threatens to take humanity to court for not watching his NFT show.
@@tjenadonn6158 😂
At this point I wonder who invented NFT because it's been nothing but controversy after controversy
People have been selling their trash for money for decades, it's called a garage sale
If I remember right the guy who invented nfts did not and does not like where this idea went and this wasn't his vision whatsoever but I could be wrong
they were probably high
Those who invented NFTs were interested in the potential technical opportunities. But not in the greedy manner that it has evolved to
The creator already disowned NFTs.
This just goes to show that Seth Green really should stick to playing with action figures.
Hey Yong, really appreciate you putting the timestamp for after the recap for those of us who watched the OG video. 👍
This is so stupid. Seth Green should've just made a licensing agreement with BAYC to begin with. BAYC literally said they'd prefer that. If so sick of this NFT bullshit. If Seth want to make a show about primates just make a show about primates. People want to see a Seth Green show not an NFT show
Anyone who buys nfts gets exactly what negative change comes to them
I really hope this goes to court _and_ that Seth wins. That would mean the NFT itself, the receipt, is legally deemed worthless. That it would not matter who's name is on it, it does not prove you own anything. I don't have enough popcorn for the shitshow that would happen when these scammers try to twist that into a positive.
I share the same hope. Winning in court would set great precedent.
_(This NFT market needs regulations, like all financial markets, and it's inevitable; it's going to happen...so we might as well get it over with!)_
I hope Seth loses
That's not correct. If you steal money you basically "own" it. If some proves in court you obtained it from them by immoral means you might be made to return it to them. It doesn't mean the money is worthless.
It's really a lose/lose for NFTs.
Seth wins and NFTs are no longer a new and novel decentralized record of ownership, because the NFT contract is overridden by law.
Seth loses, and it proves that NFTs are incredibly volatile, and that you have no recourse in the event of scams or theft. That will send a chilling effect to any company trying to capitalize on NFTs in the same way.
@@Galanthos 3rd option: Seth wins on the basis that the NFT should be returned to him. He regains the rights and NFTs become more popular as it is demonstrated that they both do represent something of actual value and you do have recourse in the case of theft.
>NFT gets stolen
And nothing of value was lost
This is so funny to me. As a programmer, I've heard some actual good ideas for NFTs and tokenization as profit sharing schemes for creators. Group publishing, unique digital business cards, and searchable contract databases are some of the better examples. It's a landscape filled with moronic ponzi schemes though, in reality. The other problem is the technology, smart contracts are designed in pretty much the dumbest way imaginable, making them mostly useless. I hope in another ten years people start using blockchain for its true potential instead of this stupid shit.
Me two years ago: ‘this seems like a scam.’
Me today: ‘yep.’
When you're having a bad day, all you have to do is look up the latest NFT news, and you'll get a smile on your face.
Ape nfts: "ownership of copyrights is decentralized"
Also ape nfts: "ownership of copyrights is decided by the rules created by the centralized entity that made the nft in the first place"
Scammed nft buyer: "no! Copyrights of the IP is decided by the centralized government!"
At my last job (which was like, six months ago), it was the first time I'd ever heard of NFTs. A co-worker mentioned something about it. He said something like "It's a digital photo you can buy."
Then, and even now, I thought "That sounds fucking stupid."
Lo and behold, I was right.
I wish NFTs would just die, with this situation being an example as to why it croaked... but we already know they'll just modify the system to make NFTs more palatable to the masses and everybody will eventually buy in
I nearly choked on my lunch laughing at the "ape community" part. They really do sound like a bunch of apes yelling and crying.
Wouldn't it be nice if the NFT wasn't returned at all? Not for money, not for trades, not for anything?
Wouldn't that perfectly prove how bad a decision any activity with NFTs is?
What I'm wondering is: what has the environment impact of this theft been? Etheirum is one of the WORST when it comes to carbon footprints. If Darkwing returns it, does that mean there's ANOTHER chunk of wasted energy to add to what has already been used for the first and second sales?
Yup, every time it gets transferred it needs to be validated, so that cost is every time
Ethereum has moved to proof of stake, which reduces the energy requirements greatly. It now only uses as much power as TH-cam, whereas before it was using as much as an oil refinery or a steel mill.
Listening about NFT remind me of Tulip Mania, where they bought and sell Tulip flowers in Dutch.
What's different though, you get a real tulip once it goes wrong.
Thier are 2 things the runescape tot me is that people will pay good money for work they don't have to do themselves and people do not care about the rules until it effects them. This just proves that the second one is right because they want to "get away from government regulation" but then when something like this happeneds they want to drag it back to "well copyright says this"
If it went to court it would be a complicated case that would likely end up being about does the licence agreement still apply if the owner of the nft didn't agree to it and if the agreement doesn't apply who ends up with the rights. The rights only transfer because of the licence agreement which makes this a contract law problem involving a stolen asset.
That’s the biggest issue with NFTs, because saying that the NFT is the copyright doesn’t really account for theft.
I feel bad but if this is the price needed to be paid for NFTs to die off as a scam model then so be it. Also who buys a random pic for 200k. Dude must have known something was up for such a steep price.
What? Why would it be suspicious that an NFT is overpriced when they all are?
🌸😹I dropped what I was doing immediately upon reading the title! This is going to be scrumptious😹🌸
For something that's supposed to be completely "yours" and preaches a lot about "ownership" they sure do get stolen easily
Finders keepers eh?
17:36 ''He's only contributed to further tarnishing the nft name. He's only contributed further to stigmatizing them by showing just what a shitshow it all is.'' Does this make Seth Green an unsung hero?
What I don't understand with people who buy NFTs... is that they could potentially hire a really good artist for that price and commission more than 1 single portrait of an ugly monkey. I really don't understand people who feed into the hype, man...
Harvest Dawn from Oblivion plays as my brain laughs again*
Also if Internet Historian does make a video on NFTs I have a feeling Seth Green is going to be one of the many main topics.
I’m hoping Darkwing has contacts with the hackers, and they steal constantly, he “pays” exorbitant prices, and they transfer the money back to him, and then can try to barter with the “well I paid this much, so what’s it worth to you?” Reminds me of the whole WATA game grading thing where they trade amongst themselves to artificially raise the price.
Problem with that is dark wing in that scenario would know its stolen so Seth might get his shitty ape back and put his terrible show out
@@emolovetree only if it's found out that he knew
There’s no sympathy or empathy I have for people who lose these things. They should’ve known what they were getting into when they first bought the NFT. They should’ve realized how unregulated and potentially dangerous this market is. In other words: play stupid games, win stupid prizes.
"let art stand as art"
Could not have said it better myself. True art is both priceless and valuless. If you are buying art for the sake of the art, you do not seek out famous or pristegious socialites to peruse their gallery. People who do that are not seeking art, they are seeking social status. If you want art you seek out an artist who you trust to create what you have in mind, or you see a piece that you really like and so you buy it, whether it's $10 or $1000 is not the point, it's the art. Historical art is another matter, and that stuff rightfully belongs in a museum.
How many here thought something like this would eventually happen, There's one who thinks so.