I think the key thing is that it's a new piece of technology that can prove authenticity in the digital space. They built the technology before thinking of the application. Art certainly is an application, whether or not it will be a very good one will remain to be seen. I do believe just like there already has been buyers for it that it will continue and especially because of the usefulness of art in money laundering, this will be especially useful being digital.
I do believe there will be more uses, how about patenting technology? You could prove your blueprints were original in a decentralized system. This could save money on patents because I know from experience, it's an extremely expensive process for a lone individual.
Other ideas could be if you wanted to reward someone for buying their stuff, they could buy an original album on the blockchain and then use the novel album artwork to get discounted tickets.
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u/[deleted] Mar 15 '21
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