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I liken it more to (over)paying for the rights to a specific print of the art. Much like prints, you don't own the art itself, or the rights to the image. The
by dagmx 6y ago
I liken it more to (over)paying for the rights to a specific print of the art.
Much like prints, you don't own the art itself, or the rights to the image. The rarity of the print can change at any point.
Like many prints, a lot are not even from the original artist and are instead stolen and resold on any number of markets.
There's no real world value to a print, but in this case there's a significant real world environmental cost to acquiring it.
It's sheer stupidity of the masses IMHO.
Do cease and desists even apply here? For example could you tangibly ruin the market for a future NFT artist by flooding the market with their artwork before they get on it?