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The second option, unfortunately. Most people on art communities are pissed off at the whole NFT thing, it really doesn't help artists much. First, anyone can g
by zrobotics 5y ago
The second option, unfortunately. Most people on art communities are pissed off at the whole NFT thing, it really doesn't help artists much. First, anyone can generate a NFT, so there's no guarantee that the artist is even involved with the token. Second, creating a NFT costs ethereum, so it's totally possible to spend money creating one that turns out to be worthless. Third, most of the 'art' associated with the valuable NFTs is procedurally generated crap, so it's fairly obvious that the buyers are mostly interested in speculation.