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The "post Internet" artist Brad Troemel has insightful takes on the art world, and posts them to his Patreon and Instagram accounts. He recently released a 42 m
by gregsadetsky 5y ago
The "post Internet" artist Brad Troemel has insightful takes on the art world, and posts them to his Patreon and Instagram accounts. He recently released a 42 minute "NFT report":
https://www.youtube.com/watch?v=PXBxVFsHBJQ https://www.youtube.com/watch?v=PXBxVFsHBJQ
It touches upon "what is an NFT", but also the reasons why artists are interested in them, and where the (crypto) money is coming from.
His take (I don't mean to TLDW, the video is really worth watching) is that NFTs are loved by people from the crypto world because it "finally" gives a clear utility to crypto/the blockchain (aside from speculation/trading/gambling), and it's simultaneously beneficial to artists who can bypass the traditional art market with all of its gatekeepers and be on the receiving end of huge sums spent by crypto whales (who can't "do" much with their crypto savings anyway)
Worth the watch!