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People have tried to make forgeries of artwork they definitely didn't create themselves; go see https://en.wikipedia.org/wiki/F_for_Fake https://en.wikipedia.or
by berberous 6y ago
People have tried to make forgeries of artwork they definitely didn't create themselves; go see https://en.wikipedia.org/wiki/F_for_Fake https://en.wikipedia.org/wiki/F_for_Fake.
The fact that some people are minting fakes and selling them on open bazaars like OpenSea [0] is completely irrelevant to the fact that NFTs can easily prove provenance. For example, if you buy a CryptoPunk, anyone with serious interest can trivially prove the provenance of what they are buying given the original contract is well known.
Most artwork of value is being minted through well known platforms with identifiable contracts (like ArtBlocks or SuperRare), or via other identifiable means.
In 50 years, if an artwork is still highly valued, Christie's or Sotheby's will be able to prove an artwork is an original much more easily if it's an NFT than they can today.
[0] Although OpenSea dose try to police its platform and remove fakes.