4 ms·
What lies beneath the NFT market is not much different than what lies beneath the traditional high-end art market: scarce objects made by artists and creatives,
by zeroclip 4y ago
What lies beneath the NFT market is not much different than what lies beneath the traditional high-end art market: scarce objects made by artists and creatives, and there are some who want to collect these objects. It’s short-sighted to think that only physical work can have artistic merit and be valued by an art market.
> And despite the openness of it only a minority of users have an active role in determining policy, just like in any large nominally-democratic structure.
To be expected - same with open source software like Blender and VLC, not all users of it are also developers, but we all benefit from its openness and can create new forks of the software over time, if necessary. It also spans borders - making governance far more accessible worldwide than the monetary policies of state-backed dollars.