Welcome to the Strange History Channel, where we explore intriguing tales from the past. In this episode, we delve into Ronald Reagan's "War on Rugs" during the 1980's. As the digital art scene gained popularity, a wave of deception and fraud threatened its budding market. Notorious among these scams was the dreaded "rugpull" that targeted investors. NFT projects, once filled with promise, often failed to deliver or disappeared after achieving success, leaving investors and the digital art community devastated. However, amidst the chaos, an unexpected hero emerged in the form of Ronald Reagan, who initiated a campaign to protect the digital art realm. Reagan's "War on Rugs" led to a significant decrease in rugpulls, instilling confidence in the digital art market and leaving a lasting legacy that highlights the importance of integrity and transparency.
AI generated narration and Music by Historic_Crypto.
Video Dailies are a visual timeline charting the evolution of AI art.
Every day, new artwork is minted by curated emerging and experienced voices, capturing a transformative period in art history in real-time. Our vision is to spotlight and celebrate the defining moments in an artist's journey, framed within the wider narrative of an artform's development.
It’s a creative, cultural and technological exploration that, in the age of AI and the blockchain, unfolds not over years or months, but day by day.
Historic_Crypto - War on Rugs
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Welcome to the Strange History Channel, where we explore intriguing tales from the past. In this episode, we delve into Ronald Reagan's "War on Rugs" during the 1980's. As the digital art scene gained popularity, a wave of deception and fraud threatened its budding market. Notorious among these scams was the dreaded "rugpull" that targeted investors. NFT projects, once filled with promise, often failed to deliver or disappeared after achieving success, leaving investors and the digital art community devastated. However, amidst the chaos, an unexpected hero emerged in the form of Ronald Reagan, who initiated a campaign to protect the digital art realm. Reagan's "War on Rugs" led to a significant decrease in rugpulls, instilling confidence in the digital art market and leaving a lasting legacy that highlights the importance of integrity and transparency.
AI generated narration and Music by Historic_Crypto.
Video Dailies are a visual timeline charting the evolution of AI art.
Every day, new artwork is minted by curated emerging and experienced voices, capturing a transformative period in art history in real-time. Our vision is to spotlight and celebrate the defining moments in an artist's journey, framed within the wider narrative of an artform's development.
It’s a creative, cultural and technological exploration that, in the age of AI and the blockchain, unfolds not over years or months, but day by day.