3 ms·
If you view all crypto activity as only imaginary or fraudulent, I doubt either of us will be able to change each other’s minds. The NFTs that artists minted i
by randomran01234 4y ago
If you view all crypto activity as only imaginary or fraudulent, I doubt either of us will be able to change each other’s minds.
The NFTs that artists minted in the boom in early 2021 are still being traded across different platforms, curated in physical exhibitions, indexed and hosted by multiple competing companies, and talked about in online magazines and podcasts. Sales on OpenSea and other platforms continue to pay royalties back to creators and sometimes non profit charities that they set in splits. Hundred-year-old art auction houses are now in competition with open source platforms that take nearly a hundred percent less commission on sales, have a lower barrier to entry, and provide higher artist royalties.
Blockchain hasn’t given us flying cars or replaced corporations or whatever boosters say, but it has given us some new tools to imagine transactions and ownership differently than just whatever Stripe is doing.