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Yes. NFTs have actually solved a real problem in the art world. I've said it many times before here so you can browse through my comment history to see why. Sp
by kranke155 4y ago
Yes. NFTs have actually solved a real problem in the art world. I've said it many times before here so you can browse through my comment history to see why.
Spoilers: - saying "but there is fraud" is not an argument agaisnt NFTs, because actually an automated solution for NFT fraud is conceivable. And the fact that there is fraud does not take away from the thousands of artists using it legitimately. Plus, authenticating you are buying from a real artist in the NFT space is actually not that hard.
- iLoveOncall 4y ago> NFTs have actually solved a real problem in the art world. I've said it many times before. Saying something wrong many times doesn't make it right.
- kranke155 4y agoYou can ignore the empirical evidence. NFTs work.
- vkou 4y agoWork to do what? Prove ownership? They don't. Attribute IP rights? They don't. Persist the art in an immutable state? They don't. Bundle any other perks with the art? They don't. Provide a channel for artists to 'sell' their art? Okay, I guess they do, but so do a million other services, ranging from websites to the coffee shop two blocks down from my apartment. They are signed URLs that you can trade around on an exchange. This solves no problem that anyone making art has ever had.
- kranke155 4y ago> Provide a channel for artists to 'sell' their art? Okay, I guess they do, but so do a million other services… Yeah NFTs did exactly this and they’re doing a decent job. If you’re a digital artist it was really really hard to get people to buy your art without a gatekeeper/art gallery certifying it. Now it’s easy. So yes they work for specifically that purpose. If you think coffee shops are a substitute for digital art to be sold in a permissionless global open market I don’t know what to tell you.