Mac Budkowski ᵏ
@macbudkowski
Why do so many people think art NFTs are bad? 1) It's easier to create JPEG art than a physical art. So the supply is bigger. 2) You can see more art on OpenSea in 20 minutes than in a gallery for 2 hours. So easier to spot bad pieces. 3) There's less curation than in physical galleries as space is almost unlimited.
6 replies
0 recast
0 reaction
Abhishek Agarwal 📱
@abhishek1point0
I think all your arguments justify digital art over physical art, not really making a case for NFTs.
2 replies
0 recast
0 reaction
Mac Budkowski ᵏ
@macbudkowski
How else would you solve scarcity and provenance for digital art?
1 reply
0 recast
0 reaction
Abhishek Agarwal 📱
@abhishek1point0
And I would actually love to know from you, Mac, how NFTs will definitively solve that and perhaps, also why most people are struggling to see it?
1 reply
0 recast
0 reaction
Mac Budkowski ᵏ
@macbudkowski
On-chain transactions help you track provenance + you can enforce digital scarcity (e.g., 1/1 NFTs) idk people are struggling to see many things, I don't bother :)
2 replies
0 recast
0 reaction
Abhishek Agarwal 📱
@abhishek1point0
Thinking out Loud... NFTs will uniquely be attention shelling points in the digital space-time fabric shaping the contours of our online culture. Content and Events and Ephemeral communities will be organized around it. NFTs as Monuments! They can have a jurisdiction with it's novel set of (copy)right laws!
0 reply
0 recast
0 reaction
Abhishek Agarwal 📱
@abhishek1point0
Yes. I think where people struggle is understanding the nature of digital scarcity? @vgr's Magic Beans comes to Mind... https://studio.ribbonfarm.com/p/magic-beans
0 reply
0 recast
0 reaction