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There are so many more uses for this besides digital art. Digital art is probably the worst application for the reason cited in the article. The marginal cost
by pmorici 6y ago
There are so many more uses for this besides digital art. Digital art is probably the worst application for the reason cited in the article. The marginal cost to make a perfect copy of digital art is zero.
Linking an NFT to a real world asset I think is more interesting. Or at the very least a digital asset for which there is some benefit of ownership. Ticket to an event, rights to the royalty stream from a song or art piece, domain names, etc...
Unisocks is an example of an NFT linked to a real world item.
This digital art thing just feels like the easiest possible construct for pure speculation.