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Yes, it's a ploy, to create a mechanism to sell digital conceptual and otherwise intangible art that cannot be owned in a physical way. A ploy that all actors
by miracle2k 5y ago
Yes, it's a ploy, to create a mechanism to sell digital conceptual and otherwise intangible art that cannot be owned in a physical way.
A ploy that all actors willingly are signing on to - artists, galleries, and collectors. No one is misunderstanding what is going on. People are selling the certificate on the artificial assumption that it represents the art somehow, but you are buying the piece of paper.
W
- lottin 5y agoIt's a ploy to trick unsophisticated investors into believing something infinitely abundant is actually scarce, through false advertising, deception and lies. The NFT industry must be called out for what it is—a rent-extracting industry that preys on the intellectually-challenged. Everybody would be better off if it went away.