>>5739135Are you really saying these big artists who have spent an ungodly amount of time working on their craft, grifters? Do you actually think they do not deserve that sort of compensation for their work?
The people behind Ethereum, years of research and development to make a decentralized network, illegitimate? It is changing the world in front of your eyes and you still dismiss it because it doesn't align with your world view.
If you hate the volatility of crypto, just use it to use the blockchain network and immediately swap to stablecoins once you're done with whatever you're doing.
As inefficient the energy usage is right now on Ethereum specifically, blockchain and smart contracts are the future, and ETH is moving away from proof of work (GPU mining) due to those concerns.
There are existing blockchain solutions to Ethereum such as Solana, Polygon, AVAX and Fantom that use millions of times less energy due to them using a proof of stake consensus.
>>5739156Everyone who bothers with NFTs on foundation.app specifically knows they're buying the token representing the image.
Cryptopunks/Lazy Lions/other garbage progen images are actual real pyramid schemes, and I won't fault you for thinking that this is only what NFTs are.
The grand majority of artists do digital work now, and NFTs are a great solution to selling their artwork. Having a receipt that is verifiable on the blockchain gives it value, it is the social media of art collecting, it tells the world "yes I bought this NFT" and reputable sites such as foundation specifically bars entry to minting and selling your own NFT if you're not invited by another artist.
