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If someone truly understands that the money is coming from crypto speculators, and that the way to make money is to essentially become an NFT influencer, then i
by dorkwood 6y ago
If someone truly understands that the money is coming from crypto speculators, and that the way to make money is to essentially become an NFT influencer, then it's hard to fault them for extracting money from millionaires. But most artists in the space are convinced that the money is coming from real-life art collectors. I've seen multiple people quit their jobs to sell NFTs full-time. They say this is the future of making money as an artist -- that the true value of their art is finally being appreciated. It's hard not to dislike such a misinformation campaign.
- lupire 6y agoNot just quitting jobs, but the artists are paying huge fees the marketplaces and getting nothing for it.
- alasdair_ 6y agoThis, in my opinion, is the much bigger issue. The people being scammed the most are the artists themselves.
- Hoasi 6y ago> this is the future of making money as an artist The artists who create the future cannot short-sell themselves, can they?
- lottin 6y agoUnbelievable! How can people be so gullible?
- spondyl 6y ago> I've seen multiple people quit their jobs to sell NFTs full-time. Regardless of your view on NFTs, haven't they been "a thing" for like a week now? Perhaps I'm just too risk averse but that feels like a very low amount of data to make such a large decision on
- dorkwood 6y agoNFTs have slowly been taking over online art communities for the last 6 months or so, it's just reached a fever pitch lately.
- benibela 6y ago> They say this is the future of making money as an artist -- that the true value of their art is finally being appreciated. Does that also work for physical art? My parents were full-time artists, but did not know how to sell anything, so now I have inherited hundreds of paintings. Should I create NFTs for them?
- neilk 6y agoI'm not sure if "quitting their day jobs" has the same effect for an artist versus, say, a programmer. They deliberately work jobs like restaurants, not because they can't do anything else, but because they are easily quittable when an opportunity arises.
- dorkwood 6y agoWhat are you basing this on? Most of the artists I've met either work in film, television, advertising or video games. I've worked as both an artist and a developer and your categorization doesn't strike me as common. Also one of the artists I was talking about, who quit to work on NFTs, was design director at one of the world's biggest agencies, so not exactly waiting tables.
- neilk 6y agoI was basing it on the finest anecdata! But yes, I was thinking about artists waiting tables. My spouse works in theatre, and it's normal even for modestly successful actors and artists to be working service jobs. I have asked why they worked those kinds of jobs when they were clearly smart enough to have better-paying white collar jobs, and they always say that quittability was one of their top concerns. In the period where one could live in San Francisco for a non-insane amount of money, I knew lots of visual artists and sculptors who lived like that. (Anyway, all of them are now coding or have left.) I don't mean to contradict your experience: the word "artist" covers a pretty wide swathe.
- dorkwood 6y agoThats ok! I guess we both have slightly different experiences. Thanks for sharing that additional context.