4 ms·
fans like to give one time tokens of appreciation to artists. and then maybe hang it on a wall and forget. collectors and tax avoiders like to invest in scarce
by gcb0 9y ago
fans like to give one time tokens of appreciation to artists. and then maybe hang it on a wall and forget.
collectors and tax avoiders like to invest in scarce art (hence why they only assign big made-up values to the work of dead artists) and so they will be the only ones really interested in maintaining a block chain to authenticate their investment.
- tomasien 9y agoFan collector culture runs much deeper than you're giving it credit for. The fine art market is dominated by hoarders, but other markets are dominated by fans. Mixtape culture is just one example.