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Several good cryptocurrencies with low carbon footprint such as Algorand, and Ethereum soon transitioning. The obvious advantage for artists is cutting out the
by ilaksh 5y ago
Several good cryptocurrencies with low carbon footprint such as Algorand, and Ethereum soon transitioning.
The obvious advantage for artists is cutting out the middlemen for distribution of their work by taking advantage of public financial facilities such as smart contracts for escrow etc. That does require collectors to honor the ownership records, but they need reliable mechanisms for tracking that and blockchains are an excellent mechanism, as well as a straightforward way to patronize the creators directly.