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RE: Please please PLEASE, Beware of NFTs!

in LeoFinance5 years ago (edited)

Well the point of NFT or art gallery is about that. It's a bet on something that make you feel in a way and you collect it for that feeling. May it be for keeping it or to wait and see if others see something in it and you can sell for a higher price. I was thinking about Lucio Fontana famous cuts on the canvas. What people did think of it at the time? Many do still now but for some and for him they were more than that, cuts on a canvas.
I appreciate your post and yeah now it's a wild wild west the NFT sphere but imagine it like a place for artist to share and get finally the chanche of maybe not dying poor as almost has been the case in history.

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Valid point, and I like it. Hopefully that is what the NFT art scene will become. But it can only become that once we have discerning collectors: those who buy quality art as opposed to something which somebody like - for example - I could create myself. Right now collectors will buy anything labelled "NFT", and the quality of the art does not really factor into the equation.

I'm sure that the market will mature in time, the NFTs we'll see five years from now should be priced more accurately than what we see today.

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Yes I see your point, now we are in a complete bubble and there's almost no parameters. Although I don't see any problem if you would output some NFTs, expression of one self is something valuable even if technique and quality dosen't follow. I think and hope that blockchains and Nfts can create a viable market for "lesser arts". I always felt a disconnect and detachment from the glorified artist of the past, wich I appreciate but always ended up wondering about of the unknown sea of forgotten artisans.

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