NFTs
NFTs
Out of context: Reply #23
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- dopepope3
There's two aspects that appeal to me. As a digital artist, there's no 'original' in the way there is one for an actual tangible painting or drawing. Those originals can be sold for large sums of money, and cherished. This NFT thing allows there to be in essence, an 'original' of a digitally created piece. And that can be sold as such.
Secondly, when an artist sells their original painting, and then that new owner sells it to another, the original artist gets no money from that secondary sale. But once an NFT is made, any resales kick back to the artists wallet for life (with some caveats), thus making 'flippers' work for them, as opposed to being the scourge of the art world.
- I'm good with any kind of sale of something I make on something purely for myself. That alone is cool. Soon, I hope.dkoblesky
- The built-in royalty system seems like a good idea. So if I take a screenshot of your art and just use that instead, why does an NFT have any value after that?zarkonite
- What stops you from sending me one of your works as a JPG by email with a MD5 hash and me sending you money for it on cash app boom done deal!grafician
- you can also add a contract that says you get 10% of any future sales in perpetuitygrafician
- no need for NFTs, otherwise anyone can argue that all this is a scheme to pump ETH price (apparently it's working)grafician
- I think it breaks down for me when you say it makes an “original” of the digital file. You just can’t convince me that’s valuable. It seems like a faith issuescarabin
- indeed. I guess you're putting faith in the crypto, and faith in the artist, and faith in the tech.dopepope
- and grafician, nothing stops you from doing that. This is just another way of doing that.dopepope