>>5762801All good reasons to be wary of NFTs anon.
As someone who’s kind of into crypto, my opinion on NFTs is they betray the whole decentralized and trustless ethos that makes crypto revolutionary in the first place.
When you mint an NFT, what you’re putting on the blockchain is recorded ownership of a literal URL link to a CENTRALIZED, moderated and curated website like opensea, NOT the image itself. The image is still being hosted on a website and the host can modify or take the image down whenever they want at their own discretion. A lot of shills think you own the unspoiled virgin pixels of an image, it really isn’t even that.
Flurkfags are finding this out and they think the fact that they’re bagholding empty URLs makes their Flurks NFTs MORE rare kek.
The one upside to all of this for artists is that they’re getting paid disgusting amounts of money, but you have to have made it already and as other anons have pointed out, you’ll be perceived as a hack even if you aren’t one.
I’d be interested in NFTs just for recording my ownership over IP elements because I haven’t grown past the DONUT STEEL MY OCs thing. For actually selling, it’s like the traditional gallery art market but everything about the gallery art scene is magnitudes worse, and magnitudes more ugly. Besides, better technology is on the way and that’s what I’m looking for and holding out for as both an investor and a user.
One bit of advice to anons curious about crypto but they think they’re too retarded: just get into it, dip your toes in and satisfy that curiosity, BUT PLEASE have a budget of cash to use that you can AFFORD to lose, and just assume that you’ll never see that money ever again. Not gonna tell you which ones because I’m not here to shill my bags, just do your own research.
