AI is fun and cool. So were NFTs and Crypto, but people couldn’t handle the complexity and responsibility. I’m sure that won't be a problem for AI though!
Statement about the future of fxhash
Hey fx community,
As you are aware, these times have been hard for platforms on NFT markets, and we're no exception. We recently had to scale down the team and have been working on scaling down our infrastructure. At this point in time, no one in the team is getting paid, there's myself and a handful of volunteers, as we're essentially running out of cash. I can understand why many platforms stopped trying, building this kind of product is draining you to the bone.
That being said, I am committed to getting us through this rough patch as I still deeply believe in such a tool existing for artists, but it's clear that the current model is not working. I've been thinking a lot about the future of fxhash, if any, and it came clear to me that the platform drifted from its initial goal of serving artists primarily along its journey.
I think at the root of the problem is that a tool serving artists should be fully owned by its users, and not operated by a small team of people, regardless of how benevolent might their intentions be. While it's always been a long-term goal of ours to fully decentralize the protocol at some point, now seem to be the only opportunity we'll have at it. It only seems like a tangible path towards the future in case the company could not keep supporting the product.
We're close to securing some money as a loan / investment, targeting end of June. Once we get this cash, it's clear that we will need to immediately change our trajectory.
The plan
- reduce operational costs to a minimum
- 4k$/mo in services -> will require 1-3 months of work
- 8k$/mo in employment -> reemploy a very small and focused team
- 2 devs
- 2-3 part-time members for helping across the board (admin, marketing, artist liaison, community, etc...)
- transition towards decentralization
- implement a DAO
- open-source everything
- figure out pipelines to slowly decentralize decision-making and ownership, from governance towards implementation
- open books: company financials for everyone to see
- first order of business to solve together: financial sustainability, targeting profitability
- consolidate the core product through governance
- chains supported
- features available
- etc...
This is the very last time we'll be able to raise cash in our current state, so essentially this will be our last shot at finding a way to build a sustainable long-lasting ecosystem. But I deeply think that the only way to do so will be collectively. It's essential that we reduce operational costs to a minimum until we figure out a sustainable path in the future.
The bridge till June
It's unclear whether we will be able to keep all the services running until we get cash. We took all the steps that we can and informed our providers, but their policies are understandably strict, I'll keep you updated about this.
@ProofOfCash@waitbutwhy And yet you call your commentary “schooling retards” because “humanity must work together” - sounds a lot like trying to change minds.
The poll was a poll. The experiment is the thought experiment. Unless you believe that if the poll had gone another way, a bunch of people would now be dead, the thought experiment is still an abstract thing to be discussed and debated as if it has not happened - because it has not.
@ProofOfCash@waitbutwhy I am sorry - are you losing your grip on reality? Do you believe this experiment has actually happened, and now we are talking about it in retrospect? What exactly do you think is happening here?
You really are missing the entire point, along with everyone else treating this as an exclusively game theoretical exercise. THAT is the boring and easy part. If we don’t care about anything but my own individual survival or survival of the greatest proportion of people or any other goal you might choose, then the game theoretic solution can be found on wikipedia. But even you don’t believe it is just game theory! Look at your other posts… This is a morality issue for you. And here you are - CURRENTLY CAMPAIGNING on behalf of the “solution” you believe in! It is clearly NOT forbidden, AND you do not believe it should be forbidden, or I guess you would not be here right now. I am saying - don’t just lie on the internet for points - ask yourself… would I be saying the same thing to my mom I am saying to strangers on X? Ask yourself the REAL ACTUAL question here. And… don’t feel obligated to tell us here on X what you discover. You would probably just lie about it anyway, like almost everyone else does (it’s only human).
Tim’s post literally describes a private vote by everyone on earth. You have added “simultaneous” and “identical information”. You are correct he gave no additional instructions (for example he was quite clear about the vote being private - why not add simultaneous? why not add immediate? why not add no coordination allowed?) - that does not mean some additional instructions are ok to add and some are not, depending on which version of the thought experiment is more interesting to you. I have asked an extension of the thought experiment, a completely allowed one which, I am sorry, DOES make it more interesting than your version - everyone is framing this as moral, not merely game theoretical, INCLUDING YOU in your other posts, so I highlight the moral trap around hypocrisy. Even with campaigning, this is still completely unlike any vote any of us has ever seen, and it brings the ACTUALLY important part of the thought experiment, the difference between what we say and what we do, in starker relief by adding multiple audiences - we can say different things to different people. Rather than campaigning about this all on X now, as you and many others have been, we can have the debate in our own minds, as part of the thought experiment itself. I have no interest in dodging the original question, I have wrestled with it and still have not decided what I personally would press. I am however 100% sure I will be telling everyone I care about to vote red. I may even tell everyone else to vote blue. I am admitting to hypocrisy one way or the other.
Adding extra rules that he never gave turns this into a completely different game. Tell me: how many private votes have you ever in your life seen where coordination / campaigning / prep time was banned? Alternatively: how many have you seen where all those things HAPPENED A TON?
We might as well invent more crazy rules with absolutely no rational or any other basis. Since it would make the game even easier to analyze, let’s just assume when he said “everyone” then he just meant @ProofOfCash, unlike every other time anyone has ever used the word “everyone”. Therefore I guess by that definition yeah, no prep is possible since there’s only one player.
Bro just give up, delete your braindead comments, you know you are wrong - you read WAY more into the simple text of the question than could reasonably be inferred. Instead, how about you try addressing my original question? You might have an interesting thought. But I worry you are too tied to a position you have staked out across apparently a ton of comments on this stupid game to finally admit - a sane, loving human is going to tell the people they love to vote red, even if they themselves might vote blue.
Oh shit I missed that part in OP’s comment - you really must have masterful reading abilities. Can you please highlight all the parts of OP’s post I missed?
You mention game theory and focal points as if you didn’t just learn about them by reading someone else’s comment, so let me ask you - is there a tautology in what you are saying? Since I can tell you won’t figure it out, I will give you the answer… Yes. Focal points occur in games with no coordination. So a game that you declare to not allow coordination could have focal points. The existence of focal points in your characterization of the game does not justify your characterization of the game as requiring no coordination.
@TimmyChalk@waitbutwhy Where does it say that is the whole point?
Also: I can press blue and STILL hope
my kid pressed red. I can hope
my kid pressed red REGARDLESS of what I think is “right” or “moral.” Think harder.
@ProofOfCash@waitbutwhy I suggest you re-read OP. The *vote* is private… there is no ban on campaigning or attempting to influence the votes of others. Don’t worry, I won’t be snarkily awarding you anything.
Finally I can replace the cron+posttooluse hook combo I was using to poll telegram / auto-inject during multi-turn flows! Much easier to just port what I had to a custom channel rather than reuse the telegram one - has whisper audio transcription + history/search via sqlite. TYVM!
AI has entered the "crypto influencer loses crypto keys to obvious scam, wallet drained" phase of the hype cycle. OpenClaw is dangerous - designed to be used by any normie and it immediately impresses, but then normies do normie stuff and get wrecked.
Nothing humbles you like telling your OpenClaw “confirm before acting” and watching it speedrun deleting your inbox. I couldn’t stop it from my phone. I had to RUN to my Mac mini like I was defusing a bomb.
Blew thru Claude Max 20x weekly quota by Wednesday afternoon. Agent teams are game changing - sooo much less work than planning out workflows of sequential phases of parallel herds of background agents. Idea -> Implementation with no concern about "How".
It’s funny how everyone is dunking on NG and saying “I said this would happen ages ago”.
Reality check but most marketplaces/platforms don’t exist anymore, even older players than NG.
RIP:
Makersplace
Knownorigin
Async Art
Nifty Gateway
The only ones left from 2020 (or older) are Rarible and Super Rare (and OS)
Foundation was abandoned by its founders, Art Blocks is not releasing anymore, Fxhash is experimenting, Objkt is very slow lately, highlight seems abandoned and Opensea is focusing on token trading…
The only person I clearly remember that called all of this early was @artnome 🤷🏻♂️
At least we still have Manifold and Transient for smart contracts and Verse, Fellowship, Heft, Nguyen Wahed and Feral File, Gallery Met for curated platforms/galleries. (I’m definitely forgetting some).
Today, we are announcing that the Nifty Gateway platform will be closing on February 23, 2026. Starting today, Nifty Gateway is in withdrawal-only mode.
Nifty Gateway was launched in 2020 with the vision of revolutionizing digital art. Since launching, Nifty supported dozens of innovative drops and brought new creative experiences to life. We are incredibly proud of the work the Nifty team has pioneered and grateful to Nifty Gateway’s customers and artists for joining us on this journey.
Customers with a current balance of USD or ETH, or who hold an NFT, will be notified by email with instructions for moving their assets off of the Nifty platform. Please reach out to [email protected] with any questions.
THE BOOK
137 artists. 39 collections. One decade of on-chain cultural history.
As we approach the launch of the Collecting Art Onchain limited Collector’s Edition, we’re excited to reveal the 137 artists featured in the book. Told through 39 collections and exclusive conversations spanning works from 2015 onward, THE BOOK is the first analog-to-on-chain publishing platform dedicated to documenting, preserving, and evolving the cultural history of Web3.
Its inaugural release, Collecting Art Onchain, pairs 101 utility tokens with 101 analog Collector’s Editions — each linked to a unique @Manoloidee Cover Tecrrain collection.