Director David Lynch and The Band Interpol Join Forces For NFT Collection

This isn’t the first time that legendary director David Lynch works with Interpol. In 2010, Lynch’s animated short film “I Touch a Red Button Man” used Interpol’s song “Lights” as a soundtrack. The next year, Interpol used that short film as visuals for their Coachella performance. And now, a decade later, they’re both revisiting the work and turning it into eight NFTs.

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HIFI Labs adapted the work to the NFT realm by dividing it into seven pieces, plus an extra one that’ll be mixed with user-generated content. Through this site, they’ll be available for auction in the Superrare Ethereum marketplace. The pieces are 1/1 editions. This is the first one. They all feature an updated version of the “Lights” song. Forbes describes it as follows.

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“The new renditions feature a stripped-down version of the song, both by design and as a result of the band’s members—Banks, Daniel Kessler and Sam Fogarino—being physically separated for much of the pandemic.”

To paint a clearer picture, Banks said in an official statement by the band:

”The marriage of music and visual is an age-old tradition, and Lynch is a musician himself and has a love for music so it was a pretty organic way for artists from two separate media to come together. From our standpoint, we are all crazy about Lynch so it was amazing that our work was paired with his.”

It appears that Interpol is the force behind Lynch’s new and improved adventures in the NFT space. However, David Lynch tweeted about it. So, he’s aware and supports the project.

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David Lynch’s “I Touch A Red Button Man”

This is the “I Touch a Red Button Man” short film in all its glory:

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At the time of the original collaboration, Banks told the Huffington Post:

“It’s important to clarify that Mr. Lynch did not make a music video for our song. He made an animation of his character, and allowed us to show it. If you missed us at Coachella, then we’re proud to share this with you now. The Red Button Man… doing his thing.”

ETHUSD price chart for 10/27/2021 - TradingView

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Particularities About The “I Touch A Red Button Man” NFT Collection

First of all, the artists want you to know that “This is a carbon neutral collaboration thanks to our partnership with Aerial.” The mania about the supposed environmental cost of NFTs is rampant online, so they went with a company that verifies carbon offsets. What more could fans want? Well, maybe to be a part of the collection. About this, Forbes informs:

“ In the spirit of fandom and collaboration, fans will be able to add light personal creative touches to one of the eight pieces in the 3D gallery, and one collaborator will be chosen to receive the collaborative NFT for free.”

Related Reading | 17% Of Ethereum Addresses Hold Majority Of NFTs

Go to the website, choose UGC TV8, and use the very rudimentary tools they provide to be a part of history. UGC stands for User Generated Content and you could be that user. Just be sure to leave your mark and your email before November 7th. There’s still time to collaborate with both David Lynch and Interpol.

Featured Image: Screenshot from David Lynch's short film | Charts by TradingView

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Nifty News: NFTs for Trump-haters, carbon offsets, fractionalized CryptoPunks and more

A group of anon uni students has come up with a way to hit former President Donald Trump where it hurts: by using his Tweets against him to raise money for charities they believe he “despises”.

‘Strategic Meme Group Incorporated’ has set up the website Drumpfs.io to sell Trump’s tweets, at least as recorded by the Trump Twitter Archive. However, there’s no digital certificate of authenticity and the legal status of “ownership” of Tweets outside of the Twitter platform is dubious, to non-existent. One hundred of Trump’s most infamous Tweets are selling for 4.5 ETH each, while regular missives from the former Leader of the Free World change hands for 0.0232 Ether.

Around 97% of the money raised will be donated to Americares, Clean Air Task Force, ACLU, Southern Poverty Law Center, Doctors Without Borders, and NAACP, while the rest will fund overheads. Drumpfs can be resold on secondary platforms.

Carbon offsets for NFTs

NFTs have become an unlikely poster child for ruining the environment, ahead of other candidates like international flights, heavy industry and car commuters. Various estimates suggest OpenSea is responsible for a cumulative 67.8 million kilograms of carbon emissions while The Weekend’s NFT recent drop apparently emitted more carbon than a plane flying New York to London 86 times.

Now purchasers can simply paste in the collection address of an NFT drop into the Aerial platform and it’ll tell you how many carbon credits you need to buy from them to balance the scales. You can pay with either USD — or weirdly enough, Ethereum, a payment which itself presumably requires additional carbon credits.  Aerial co-founder Andreas Homer said: 

“We really want to shed light on the environmental consequences of blockchain transactions, and give people those ways to mitigate them through carbon offsets.”

CryptoPunks go to pieces

CryptoPunks are among the earliest, and consequently most valuable, NFTs on the Ethereum blockchain with individual punks selling for more than $7 million each. In other words most of us can’t afford one to hang in the digital pool room. The Unicly CryptoPunks Collection (uPUNK) will offer 250 million fractional shares in a collection of 50 CryptoPunks. It’s the largest collection of Punks to be tokenized so far (but it’s not the first attempt to do so).

At present 80 investors have created 3.6M shares at 5 cents each. While there’s growing interest in fractionalizing high value NFT collections, SEC Commissioner Hester Pierce has warned such tokens could run afoul of securities laws.

Drop it like it’s Dogg

When he’s not flogging food delivery services like Menulog in Australia (“chicken wings to the crib”) Snoop Dogg can be found toiling away in the NFT mines. He dropped an NFT collection on OpenSea on 4/20 (a day sacred among smokers) in collaboration with the artist behind the Nyan Cat meme. “Nyan Dogg”, which is pretty much exactly the same thing but with a dog, sold for a little over 14.2 ETH.

Meme based NFTs are hot property right now with the ‘Overly Attached Girlfriend’ NFT selling recently for $411K and ‘Bad Luck Brian’ selling for $36K. LA Mag notes that NFTs are finally allowing meme creators to profit from their work.

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