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NFTs are selling a much more personal connection with the artist. Buying merchandise or subscribing to patreon is much more impersonal. There is also a sense th

NFTs are selling a much more personal connection with the artist. Buying merchandise or subscribing to patreon is much more impersonal. There is also a sense that you own something. You can show people your NFTs. Masterworks is centralized. You rely on Masterworks for everything, whereas you can buy NFTs from a number of competing sources.

rory 5y ago
> Masterworks is centralized. You rely on Masterworks for everything, whereas you can buy NFTs from a number of competing sources. Just because there are multiple NFT companies doesn't mean they are decentralized. Can I buy an NFT on one platform, then sell it on another?
- twox2 5y ago
  YES!! NFTs are just a smart contract standard. Look at OpenSea. It's the google/ebay of NFTs on Ethereum. They are all interchangeable.
  - rory 5y ago
    Good to hear! Digging a little more, it seems like the answer is sometimes yes. In this thread NBA Topshot is excluded: https://old.reddit.com/r/ethereum/comments/m1mb0s/can_someone_explain_the_transferability_of_nfts/ https://old.reddit.com/r/ethereum/comments/m1mb0s/can_someon... Is that thread correct? Is the general theme that corporate NFTs don't truly decentralize, but small players and committed crypto people put their NFTs on Ethereum so they can be moved around?
    - twox2 5y ago
      Correct, some "corporate NFTs" are run on their own chains, etc. This is why most of the price action is on Ethereum. Assuming you are somewhat technical, you can read about the actual smart contract standard, it's called erc721.
  - lottin 5y ago
    So they're all centralised on Ethereum, right?
    - twox2 5y ago
      they are all decentralized on ethereum :) Though there are some projects that are working on bringing cross-chain portability to NFTs. I don't know how those work though.
danShumway 5y ago
> NFTs are selling a much more personal connection with the artist. Buying merchandise or subscribing to patreon is much more impersonal. In what way? A ton of artists I know on Patreon are polling their contributors to get feedback, releasing early content to them, and releasing exclusive behind-the-scenes info or life updates. What about an NFT provides more personal connection than ongoing support and communication with the artist? ---- And if Patreon isn't enough of a connection to your favorite artists, you can always directly commission them, which will give you a genuinely unique piece of artwork instead of just a serial number, designed in direct cooperation with the artist, that no one else owns, and that is uniquely tied to you in a fundamental way that can't be faked. What about an NFT provides more personal connection than having direct creative input and a personal hand in the creation of a piece of artwork?
Traster 5y ago
What are you talking about NFTs are more personal? You can literally commission most artists to make you a personal peice. Most Patreons including regular Q&As, opportunities to make suggestions and all sorts of stuff. What exactly is the personal connection that comes from an NFT?

rory 5y ago

> Masterworks is centralized. You rely on Masterworks for everything, whereas you can buy NFTs from a number of competing sources. Just because there are multiple NFT companies doesn't mean they are decentralized. Can I buy an NFT on one platform, then sell it on another?

twox2 5y ago
YES!! NFTs are just a smart contract standard. Look at OpenSea. It's the google/ebay of NFTs on Ethereum. They are all interchangeable.
- rory 5y ago
  Good to hear! Digging a little more, it seems like the answer is sometimes yes. In this thread NBA Topshot is excluded: https://old.reddit.com/r/ethereum/comments/m1mb0s/can_someone_explain_the_transferability_of_nfts/ https://old.reddit.com/r/ethereum/comments/m1mb0s/can_someon... Is that thread correct? Is the general theme that corporate NFTs don't truly decentralize, but small players and committed crypto people put their NFTs on Ethereum so they can be moved around?
  - twox2 5y ago
    Correct, some "corporate NFTs" are run on their own chains, etc. This is why most of the price action is on Ethereum. Assuming you are somewhat technical, you can read about the actual smart contract standard, it's called erc721.
- lottin 5y ago
  So they're all centralised on Ethereum, right?
  - twox2 5y ago
    they are all decentralized on ethereum :) Though there are some projects that are working on bringing cross-chain portability to NFTs. I don't know how those work though.

danShumway 5y ago

> NFTs are selling a much more personal connection with the artist. Buying merchandise or subscribing to patreon is much more impersonal. In what way? A ton of artists I know on Patreon are polling their contributors to get feedback, releasing early content to them, and releasing exclusive behind-the-scenes info or life updates. What about an NFT provides more personal connection than ongoing support and communication with the artist? ---- And if Patreon isn't enough of a connection to your favorite artists, you can always directly commission them, which will give you a genuinely unique piece of artwork instead of just a serial number, designed in direct cooperation with the artist, that no one else owns, and that is uniquely tied to you in a fundamental way that can't be faked. What about an NFT provides more personal connection than having direct creative input and a personal hand in the creation of a piece of artwork?

Traster 5y ago

What are you talking about NFTs are more personal? You can literally commission most artists to make you a personal peice. Most Patreons including regular Q&As, opportunities to make suggestions and all sorts of stuff. What exactly is the personal connection that comes from an NFT?