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The crypto art space had the potential to revolutionize how artists operate, but it instead replicated the worst aspects of traditional markets: hierarchy, gatekeeping, and competition for visibility. Rather than fostering a radical, cooperative ecosystem, it became fragmented by a scarcity and/or “winning” mindset.
Web3 was meant to empower artists through ownership and decentralization, yet many treated it as a battleground for dominance. The rush to be “first” or “the best” stifled long-term sustainability, discouraging those who didn’t conform to competitive frameworks.
Community became a branding tool rather than a support system, favoring self-promotion over mutual upliftment. The most visible weren’t necessarily the most innovative, just the best at playing the social game.
What could have been a true alternative to the traditional art world instead mirrored its flaws; just wrapped in new jargon and technology, pushing out artists who might have contributed something valuable. 1 reply
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