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We have to stop our #fashionista falling for this #encryptionist crap (lemmy.ml)

submitted 3 years ago by [email protected] to c/[email protected]

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NFTs are actually a terrible way to support artists. most artists don't break even on NFTs. the only people you are supporting are greedy pyramid scheme salesmen, and unnecessarily acidifying the oceans

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[–] [email protected] 5 points 3 years ago* (last edited 3 years ago) (2 children)

I agree wholeheartedly as something of an artist myself. (Willem Dafoe meme)

NFT is made for spaculation and gambling in mind. The need for authenticity in digital art is a big lie and pushing for that will only lead in a bad direction trying to limit artist when we should give more freer rights to artist to create more stuff.

Posted this video in [email protected] a while ago going through some of the drama that came. It seems most artists are united in that NFTs are a scam.

But I don't see how this fits in [email protected] it would probably fit better in [email protected]

[–] [email protected] 5 points 3 years ago* (last edited 3 years ago) (1 children)

If anyone needed authenticity artists could just digitally sign their work. What the NFT scam wants to provide is artificial scarcity. Physical goods can only be sold once wheras digital works can be copied losslessly and some people (music labels, gallerys etc.) for some reason (money) think this is bad. Even if someone thinks like that NFTs are still stupid as they could just sell licenses.

[–] [email protected] 1 points 3 years ago

Well said!