tv The Stream Al Jazeera June 9, 2022 7:30am-8:01am AST
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does the attraction? oh bill wind is only use umbrella is not 10th. there is no electricity or water in the market. then most people started to visit, said the number of members also increased as the government tries to rebuild its tourism. industry leaders, hope foot traffic in this market will be part of a wider trend across thailand. katya low missile, the young al jazeera brazilian at to this formed what they're calling a giant hug gon, rio de janeiro, copa bonham beach to mac world ocean's day. more than 5000 volunteers held hands along the coastline and collected rubbish. organizers say the project aimed to raise awareness about the impact of pollution on the ocean. ah, i took a picture of the headlines here now to 0. an 11 year old girl has described how she smeared herself with classmates blood to avoid being killed during
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a school mast shooting. was part of testimony presented at a u. s. congressional hearing 19 children and 2 teachers were shot dead at the school in valley, texas. last month he shot i, i thought you didn't come back for good. maybe i did. what did you, can you go under so you see i teach you follow because really needs on. i oh, she city. and in the hours after that testimony, the house of representatives voted in favor restricting the purchase of semi automatic weapons to people age 21 and over. they also wanted banned the sale of
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some ammunition magazines with a capacity more than 15 rounds. but the measures have little or no hope of becoming law as they won't overcome opposition. in the senate. the summit of the americas is underway in los angeles. u. s. president jo biden's hoping to make progress on curbing high levels of migration. but a boycott by several leaders has overshadowed the event. they're angry that washington refused to invite cuba, venezuela and the corolla. well, the summit coincides with a movement of a migrant caravan that's heading north through mexico towards the us. the bible administration wants to address the root causes of migration from some latin american countries. and the eastern ukrainian city of sabera. don ask is now mostly under the control of russian forces after weeks of fierce fighting. but a local official says ukrainian forces are still holding on to the cities. industrial zone. and atlanta is driven his car into a crowd of people in berlin, killing a teacher, entering 14 of her students. police are still trying to work out
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a motive. a german official has suggested the suspect suffered from mental illness . those were the headlines and is continues here on al jazeera after the stream stretching. thanks for watching. we understand the differences and similarities of cultures across the world. so no matter where you call hand al jazeera will bring you the news and current affairs that mattie al jazeera hi, i'm sorry. ok to day on the stream, we look into the new kids on the block chain, n, f t's. these unique digital assets can be traded as art. i could known thunderbolt tokens, traded as ought to be the future of the art. well,
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that is what we're gonna dig into a little bit deeper. we start a conversation with kate o. last month in may alone. there was over $2500000000.00 in total volume traded just on the theory and block chain for an, a t's and out of about the vast majority of those sales work. we're profile hytcher style and tease like worried yacht club or crypto parks. these profile picture style images, how really become art for the internet generation for millennials and jonesy really grew up online. now in addition to that, a lot of people are also interested in getting into these on our tv because they feel like they're buying into a subculture that resonates with them. there's this whole conversation of, of dejan culture and a similar to video game culture. and there's also this sense of buying into an exclusive membership community, so certain outside collections offer certain exclusive benefits. and then lastly, for, for some of the most expensive collections, the rich and famous are buying into these collections as purely digital status
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symbols. oh, so much to talk about the future, the n f t market and its impact on the aut. well, if you're new to right now, you can, the part of that conversation, accommodates your thoughts right here and be part of today's show. let us meet our panel of experts as a nazi tony tony ben green and get to see i'm gonna get you to introduce yourself. try stream audience of the matching. well company say hello to our audience around the world. thank you. thank you for having me. she not, she only lagos nigeria. ok. it's get to having tony nicely will please introduce yourself out. it's around the well tell them who you are and what you do. awesome. awesome. thank you. thank you for having me really is 2013 and i am a still life photographer in the host of very want to be here. i'll get to have you an allied van. welcome to the stream. say hello top is around the well,
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tell him who you are, what you do. hello there, i'm my names, ben davis and i'm an art critic, the national architect or net news, and i'm based in new york. all right, so guess every question is for one of you, but i know you're going to come from different perspectives. tony, let me start with the idea of an f t art you ah, an artist who uses an f t art and trained with 8 people by you. and if not, what does that mean? how is it different from a more traditional approaches setting protocols, for instance? yes, so a great question for me personally, i think you know, we have to move it times and, and it sees, are none fungible to tokens, is a way of recording something on the block to write and given ordinance to something . and i see it as just a different medium, or i'm a digital, i'm a digital artist. i do photography, i do still like photography. and it's no different from if i were to rent my photos
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onto a metal friend or printed on paper or print it on canvas. what and as he does is a gives this particular photo. you couldn't sell it to someone as an etc. yeah. same way you would walk in, so gallery and pick up a piece, and then you can easily upload those keys into a digital screen or just keep it in your and etc wallet, right? so it's just a different way of trading art. i think again, they're going to be technology that will come in go what and if these are here to state, who are benito mind blowing of nuclear? he's got used to this idea, but when was a 1st time somebody said an f t art to you? and what was your genuine unfiltered reaction go by until your reaction is that much money for a j peg. i mean, i was really blown away. i think i 1st really started paying attention to this, like a lot of people last year when $59000000.00 was paid at christie's auction,
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who are a j pay by already in the united states, people. and i think that made him the 3rd biggest artist of all kinds, their big living artist. and it's very hard to pay attention to that. i mean, and some money in their money. got, you know, it's gold gold rush. and, and i think that that brought a lot of people into the space and i just never seen anything like that kind of conversation that touched up were good or bad or not young. i'm just looking on my laptop of a picture from your website of you working. would you explain how you work? and then also when people say, and if t r is a j peg. can you tell them why don't i miss? thank good. i quit my arts digitally and i use microsoft word to do that. and and of course,
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by using microsoft word is digital is born digital. and i have tried to look for fortunately, traditional art stays on to see the art galleries. that of course, sick when my work, call me with my work out there, but that, that little happen. the only thing that i got out close to m a representation in their traditional arts. there's lots in market, there's not that gallery. yeah, i'm taking on my work where they'd limited edition trains to sell to collect. so she wanted to buy by then and a key skim and changed out altogether. how. how, how, how will you more successful digitally then if somebody could physically take some of your beautiful art and put it on their wall, how is this version of your art most accessible then in real life? art? i think as i said, the so artists are dennis to says it's like the perfect place for me to fly for me
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. she, for me to do my then in terms of criticism my, are physically, there are questions, are on provenance, there are questions about when she, there are other questions that, that back arise. and for most people with these makes the artwork that has been produced, i'm less valuable. right. and that is what the block chin brought about that change that, that settled fine. revolution where as it be, so artists, our pin with my work on the block chain and people would lead to collected abuse very and agencies are more valuable than the fiscal are trained speakers of course days, programs rise. there's, there's room on a sheep as yet detailed, a need to stay included in the block chin regarding the artwork. that was putting a lot of faith into the digital world up aren't, is often criticized anyway for being far too expensive, expensive, and it's too expensive. but this way of trading and moving around on do you see
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that it's up that way. if i am gonna, i'm gonna go to san antonio and then come back to us a 90 minute. ok. my brains out or we're ready with when you something that i better for something i think that it's worse for some things and i wish people talked a little bit more about some of the drawback. one thing i'd say about nazi is that he's unique, you know, i think we talk about how common that experience is because we're talking about the future of our and sometimes people talk about the stories, but they don't talk about either they act like it solved all the problems with the market when, if you look at the, if you look at the actual statistics, the digital blocks seen, they are market is actually more unequal than the traditional art market. a smaller number of collectors throw around more weight and a smaller number of art if there's a vessel relative to all of that. but i think it's important to keep that in the picture because sometime in particularly in a gold rush,
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we only talked about the success stories cuz people are up in their lives, investing their, their, their college education funds in, in, in digital, digital artwork. because they think they've got some kind of gotten ticket and actually right now we're in the middle of it a little bit of a pullback. if you're really interested to know from the 2 of you who are artist, to follow the, you know, there's been a big crypto crash. how that affected the digital art speak. the new blocking based argument from your point of view, tony. okay, so here's what a lot of people feel to understand. we have to start to look at an x e as this technology that allows you to do certain things. and one of the certain things that the technology allows you to do is offer are right by clicking. and i want to go back to what a snotty just said before, and it's easily be hard for him to get into galleries or even get his work. notice there are a lot of stories like that in the end. it's the space the i hear it date. and as he's have given artist that ordinarily would not have
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a voice of voice. i've heard of artists that have had a door shut in their faces, galleries literally shut a door in somebody's face. and this person is like literally growing up a base of collectors and without an f t, this probably would not have been a thing. right? so we have to look at the technology and we have to look at the fact that these entities can be used for art. but again, when we look into the n a t space, they're also being used for other things. they're being used for things like membership. they're being used for things like culture, like you said, what the board 8 yahoo club is more of a culture. i don't think. i don't look at ward 8th yacht club as ours, per se. i look at it as a, as a culture, as a member to, to a community. right? and you know, this is what the technology is. this is what entities are doing. so we cannot learn the lines. brian, when we look at entity, we need to learn to separate these lines. it's, it's technology that is being used for different things. and when an audience is, are, all right, so i am going to bring in an artist, hey i,
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i know what the sante says, his name is patchy laura, calm me. he is a very well known japanese artist, he what seems traditional all methods and platforms. and then he also has some n f t dish to art. i haven't listened to him how he explains what is going on and how come it's so expensive? him yes. only snotty jesus thought he's in the basement j. p. so but right now whole, you know, you and you watching to the open. see the marker, you find out to the how much the baris, maybe like louis the price is a $4.00. he said something like that done mean like overall, how much is or maybe are over $10000.00. so a very expensive so that the attorney imagined to the contemporary art painting isa
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looks like that. our price. but why it if the j dida, he's very expensive, very mysterious. it makes me laugh because he has no idea why people paying so much money for his n f t. art on you cheve. i've got some really interesting comments, but i'm gonna throw them out to you very quickly. are. so nancy co, how it says it seems like an f t's are making art more accessible to everyone. and at the same town time allowing artists to reach more people with their art a snotty. that's exactly what you set. yes. that that's correct. yeah, excellent. sample i see child growing up in our which is in se nigeria. i know little once into an i've downloaded rights, and i was 1st introduced to the computer by made filing, traditionally internet, before i was able to go to an art gallery to see a sure at the university. so you see that if we had an estes, then you should,
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of course it wasn't too on ours actually noise even before i would have the what surely teeth are the privilege to enter into a fiscal axis. so someone can collect an inequity. but everybody can see it, so it brings about a set of democratization in the way that people enjoy. art are so close to what is up to level in their traditional art space where someone can collect it because so i looked it up in revolt and all the people can get to see it. i'm going to go back to you chief and has that. yes, you got that you got suspend? go ahead. no, i just want to say, i mean i hear that a lot that they did that opening it up but then but then tony just said that it's actually all about exclusive club. you know that no worries about getting like with what i'm saying and you can't get into it without it so that, well, what i'm saying is, is the technology itself, the n f t technology, which is a non refundable token, can be used for different things. you can, i mean,
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i have an entity that allows me to get into sporting events. so we have to understand that this technology can be used for different things. it's like saying ok, i have a car, but i can only drive to somewhere, you know, in love with the los angeles. no, i can go different places with this car. so we have to start looking at inner sees as this tool. this technology that allows you to do different things. we're going to have a situation in the near future where if you want to go to a concert, you might need to prove that you have the n a c as a ticket to enter that concert. yeah, yeah, and i hear that that's the opposite of what not you would think which is about that it was a coming from ben is coming from the perspective of here, turning it on. i can tell them the perspective and i will have to, i will let you know people usually can rosul hockey. that's even from some of the various categories are kind of says that there are, there are a collectibles that i have the ones that people prefer to refer to ice cream to
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lots or i teach is what i believe that i lee. so you can look up my artwork. i need for the veto. that was maybe just really you study surely made for someone coming from a traditional art space. my on my outside with of course i q to you, i suppose you can, i to a board 8, which is instructed, collectively do so collectible. so our collective goes trip to are they could have some utility attached to them, like she just made sure inside massage, which is the digital word i knew you were supposed to. i need to require that i changed was magic before we. we delve into the matter verse, which doesn't exist quite yet, but maybe we'll do in the future. some thoughts here, unique view says i would miss the texture, the colors of a real piece of art. so are we looking at these digital assets as this is something we're really saving? i don't go and look at my shares and study them and i, oh,
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i see them. you've put them away. is it? no art that's meant to be enjoyed. it is that it's meant to be enjoy and go in there. so i don't know if i'm supposed to be enjoying it or not, because i have, you know, how to go check out my one looks in of the also not gene lovely things about their, my digital one. it has never gonna happen, ben thoughts? well i think with tony said, right, that is the technology that can be used for a lot of different things. so you could technically fell a painting with an n. a people are doing that. they phillips actually has. i think i've got a car and you get an nf c with it. i mean it doesn't. and so you have to see what's more valuable and every time with yeah, i think that, i mean like people have incredible really are, you know, the american people been a video game. so i think you might miss the pin, but you might get back something out something out. all right, so let me move on just a little bit because we got so many questions for you. i want to get in as many as
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possible, but i'm going to go via denisha mendez, who is a professor of intellectual property and innovation law and her predictions for where this digital art trend is going to take us. he, she is in a blue bear coping is relatively easy. it can be quite difficult to find the true, an authentic version of a work. however, if you took and has your artwork as in an empty, he would receive a digital certificate of ownership representing the personal digital asset. and most importantly, it or the traceable on the production, which is there for everyone to see. it has the potential to do away with stay caught in terms of the future even if it is, i believe it is here to say it will go through the hive cycle. but into the center and with the emergence of us, it usually expand any true. guess i'm saying comments on you achieve about scanning and hacking. so this is ox and f t space is definitely played by scans and hackers
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. just like any other industry. i think education and staying true to interacting with artists. you love is the key there. ah scamming and hacking a snatch, if he been scammed out, if he been hot because it is possible to buy an n f t piece of art and fee to put it in your wallet and someone else takes it back there to the pockets. if we're shoot, this is where people's our wallets have been hacked. um, so i collected my artwork. i think 3 years ago, i'm just a few months stock a few weeks back and walked back up to about was stolen from their wallets and resold in the market. so it happens is much like what is happening in the traditional art space. where beefs of course as, as, as seller and stolen in the l t. yeah. yeah, got less g. so what it comes with like wire the communicator and shut you out to
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get yourself as a collect. so you have to take some precautions. a lot of people collect their energies now and they have a 2nd while it just call and float. i'm be, of course, what's id is one, a tooth abs. how to print. so these are measures that people are taking. and i was just looking at this in new york times, headline of theft, some fools and lawsuits at the wells biggest and f t market place. i'm just going to go to that market place now because i believe tony is on it. it's a little bit like a bay for nf teams. this, this is tony's open see site here. has anyone tried to still your arts or stoning it for somebody that he sold it to as i, as i happened to yet tony being hacked or scammed. i have not been hacked miscarriage, but fortunately for me, i do educate as well. so a lot of my collectors on because i do have a high pass where educated by in it sees one of the topics that i cover a lot is be careful not to get scammed. so fortunately for me,
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none of my collectors are me personally have been scam. it can happen or no one's perfectly good to say one single click of a link. but i'm also very your final one quick lanes for my mother. my mother. you know, i have never, i mean, even before and he's, i've always been here because we used to get those dishing emails where they'll tele, log in to your bank account on something. something happened. so i knew from ben not to buy yes. i've never been scanned, but another thing i wanted to mention of you said earlier about looking at energies in your wallet. so here's the thing. um, we have digital screens where you can display your innocence, right? i how collectors of my inner teeth that lay your entities in their homes like you would do an art lease like a regular art heat. so yeah, yeah, i mean that's happening. so yeah, i don't think it just gets stuck in your wallet. this one is kind of put that out
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there, but notes i make sense. oh, yeah, that makes sense. they might just say, hey, this is john felipe who he spoke to just a little bit earlier. and, and he was really that, that warning voice about the problems that can happen when you buy an f t r o in you trying to sell and f t ot his young feet in traditional art markets, intermediaries like galleries and auction houses will best to creators on behalf of the buyer, and then we'll provide buyers with guarantees. you don't have these guarantees in and then a few markets. so that's a 1st risk, a 2nd trade keys, how to store defy that you are actually buying when you buy in. and if you get a transaction receipt that's pointing to a file that you need to know how to store that file securely in a decentralized cloud, otherwise it could be stolen or replaced. if you do not want to do all these research yourself, you can always buy an s t 's from reputable intermediaries that are getting into
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the space. so part of the appeal, i know the artist is that they don't have to go through the traditional route of getting that solid and we're not get sold on. they get money for that as well, which you normally don't get so bad. is this going to put people who have traditional roles in out well out of business can and f t r. do that? can we see a revelation? a revolution in the world is not possible. well, if possible, i mean, and i think, you know, the, on the call it seems a lot of people live. what i, what i worry about is that there's the rhetoric that over getting read the middleman and we don't mean anything. and you see on the clip, you just played the guys talking about the role that middle then play it like helping you navigate spaces that are full of scans and so on. and there's the idea that we can go with that expert and just but that, you know, the bad stuff that people are seeing the, the,
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the fact that it would scan that you, that there's a lot of wash treated, meaning people buying arts from themselves to make it seem like real going all of what i was talking about, that artists inflating their places on purpose. who are let me go buy a lot of that. that's why you know that the doesn't the black people. yeah. they're like, there is a technical solution to the problem, but in the end, the technology doesn't totally thought the problem and acting like it does leave people open the grid. yeah, i, i'm not here. i'm here looking at your crypto on my laptop, i'm going to ask you an indelicate question. but what is the most anyone has as a paid for your crypto art? humble brack. go ahead and let's get it right there. just going to brag. i know it's a 1000. 0, not again,
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but then i like to say, and this is very important. i'm really also, yes, it is important for us to pay attention to the arts and a money that we're talking about. yes, people like ben got interested in the space because of the amount of money to be in the space, but that was important. i mean, when people talk about and think about entities, when our media houses talk about a 22 crypto forms like you have on the screen behind you on the collector goes on business. cool. lots of things that for example, my kind of a whole lot more people than maybe i would appear to them. and i'd like to make a point about a middle man and then at the stage where not get to read up middle, and then i can, i feel in the space that you have to let you know. right? yeah, i'm just saying you have to last worst you can still do your thing and you're not
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getting rid of the middle man. i. i hear you a snotty tony. we have had so many of us have complimented your work. you have fans out there. and then as well, thank you so much for being part of the shy. you really appreciate it. take care everybody. i will see you next. ah. across the world, young activists and organizers are on the move. hey, you know what i heard in the 1st of a new theory to people in new york city, use different tools and means to fight institutional racism and police brutality. this is indeed a nation wide problem that will wires
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a systemic solution. generally, he change on al jazeera frank assessments. it sounds like you don't expect anything to change the problem in lebanon. it's actually structural lebanon needs, and you also contract in order for it to solve this problem. informed opinions, international communities on the goal security. and that creates a government, has no legitimacy in depth analysis of the data global headlines. this is going to be very hard to explain to the public that instead of pushing back. no, it's actually got 2 members inside story on al jazeera. oh, intelligent social and playful. this vulnerable species have been caught in the wild, sold online and smuggled illegally by criminal syndicates from southeast asia. one of the main markets is japan. in recent years, a new phenomenon has been sweeping through this concrete jungle. animal cafe,
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where customers pay a cover charge to sit in a cafe and pets, a number of cute, domestic animals. but as businesses compete for customers, this being a disturbing shift to ever more exotic species. we want to find out more about how offers have been taken from the wild. and so just in a gar, a market is a spooling hops, the animal trade a plethora of exotic species seat tiny metal cages, distressed and sweltering under the hot sun. ah, i wrenching testimony from a mash shooting survivor as the u. s. house passes a new gun control bill, but it stands no chance of becoming law.
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