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If there are artists making money that previously weren't then that proportion is irrelevant. It's a completely voluntary system, no one is forced to use it or
by adnzzzzZ 6y ago
If there are artists making money that previously weren't then that proportion is irrelevant. It's a completely voluntary system, no one is forced to use it or care about it.
- iamacyborg 6y agoExcept for the many artists who are having their work stolen.
- bsanr2 6y agoThose are unauthorized. Too bad to the collectors who gave their money to scammers, but those NFTs are worthless the moment the artist declares them forgeries.
- iamacyborg 6y agoWorthless according to who? It's not like the artist can take ownership of the NFT
- bsanr2 6y agoThe value of an NFT is in its provenance, just as with traditional works. If you forge a Mondrian, it won't be worth as much as an original Mondrian. It's even worse for NFTs since anyone can own the file data; the value of the NFT is almost purely its relationship to the artist.