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Yeah ok, but what prevents the artist from signing the same piece again and selling this other signature? A "limited edition" of something easily reproducible
by bambax 6y ago
Yeah ok, but what prevents the artist from signing the same piece again and selling this other signature?
A "limited edition" of something easily reproducible can have value (like a photograph) but I don't see on Foundation where the number of signatures for a given piece is advertised.
It seems Foundation only sells signatures / NFTs that are indeed verifiably attached to an artist, but the link from the signature to the piece of art isn't guaranteed.
- gruez 6y ago>Yeah ok, but what prevents the artist from signing the same piece again and selling this other signature? Nothing, yet signed photographs/books/collectibles still fetch a healthy premium compared to their non-signed counterparts.
- bambax 6y agoIn the physical world there are visible numbers, like "2/15" for instance. And experts that try to make sure each number is in fact unique. I don't see that here, although it would presumably be easier to implement / verify. But maybe it exists and I simply didn't find the info.
- gruez 6y agoHow is this any different than encoding "2/15" in the NFT? Furthermore, even in the physical world, what's preventing someone from making two "2/15" signatures? At least with blockchain/NFT you can be sure only one "2/15" exists.