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I disagree with the arguments there. - Creators... become promoters of digital tokens more than they are creators": Is this a purist approach that artists need
by neiman 6y ago
I disagree with the arguments there.
- Creators... become promoters of digital tokens more than they are creators": Is this a purist approach that artists needs to do only art for 24/7? Anything else is a violation of their artist oath or something?
- "BUYERS of NFTs may be blind to the fact that there’s no limit on the supply": there's the same limit on supply you got on regular art. Attaching a token to an art piece does not change its supply.
- "THE REST OF US are going to pay for NFTs for a very long time. They use an astonishing amount of electricity to create and trade": No they don't. NFTs are not a separate blockchain. They add nothing to the electricity already being spent.
The post has so many more inaccuracies, making it difficult to take its conclusion seriously. Here's another example:
- "Unlike alternative digital currencies which are relatively complicated to invent and sell": what? no. There are ERC20 tokens generators exactly like there are NFT generators.