Economics, Business, Money, Finance : The problem with NFTs

The problem with NFTs



Tl;dw: They are a scam.

Re: The problem with NFTs

it really is not a scam for basic art sellers.

my friend never made any money selling prints and was never going to be able to survive of that alone.

now he sells his photos as nft's and he is looking at an almost unlimited backlog of mints he can make and not to mention new photos.

he can travel, take a photo, mint 1 a month and live off the primary sales alone. the secondary market is a bonus for him.

incredible for artists in that sense. artistic revolution. art pedal to the metal! god knows what kind of world we will live in with art being able to take us into the future like this…
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