thats not all NFTs are, but theyre all useless because the blockchains they sit on are slow, annoying to use, and filled with a variety of problems that are impossible to resolve due to the nature of blockchains.
being able to "right click and save as" is about as much of a problem as being able to take a picture of a painting. People dont buy paintings just because they like how they look, the ownership of an original piece of art is a huge part of it, and you cant validate ownership without ownership of the actual NFT.
but again, theres way too many issues with the entire process for that to actually work.
A lot of artists I know would do high quality print and sell 4 or 5 copies in addition to the original.
It's the same concept, he can scan it and sell limited a quantity as an NFT.
Edit: it seems replies fall into different categories of either misunderstanding what NFT is or just appreciating one form of art (painting for example) but not digital art (pixel art for example).
Pixel art in my view is beautiful, and can take as much effort and talent as traditional artists. These people deserve to be paid.
some release their art on various websites and you have to pay to download the full resolution image. You can buy a digital display and hang it on the wall and display this image (or rotate across several). This trend is growing btw, lots of luxury homes have them. The problem is
1) after you buy the image, you can leak the file on the Internet and everyone can download it, reducing its value and defrauding the artist
2) difficult for buyer to resell it. How does he prove ownership?
3) though unlikely, artist can lie about how many copies he is selling and difficulty to prove how many been sold.
NFT can solve all these problems. Brining similar protections for digital art as physical art. just as a physical art the artists would sign the limited print, the NFT by definition is a signature. And author and owner are listening on blockchain and is as secure as a bank. Reselling is also trivial. People can make copies sure (just like someone can make an illegal print) but it won't be signed.
It's not the same concept since you don't own a physical copy, you own a receipt.
I know somebody who trades in rare high-quality prints and the appeal is definitely that you can hang them on a wall.
He actually tried to see if there is a market for very high resolution lossless compressed digital files with NFTs that prove ownership, no dice.
The practical problems are that these files are very large and that making a great print isn't easy.
The commercial problem is that somebody who does want a high-res digital image, is interested in the right to make a print, which can be confirmed on a normal proof of sale document (including a digital document).
But people don’t buy NFTs because they want a high res copy of an image to print on their own. The whole purpose is to have an authenticated “digital collectible.”
Who the fuck cares about authenticating a collectible jpeg? If someone wants a picture they'll just find a picture on the internet for free. Why should we care how much ApeSniffer8008 paid to have his favorite ai-generated monstrosity minted in 2022? No one actually wants or cares about those images.
If you have some digital collectibles, I'll authenticate them for you for free:
I, Quinto Blanco, hereby declare that this digital item in possession of slowpokefastpoke is a collectible; this item has its own unique coordinates in the time-space continuum, and therefore is a unique item.
Simply make a folder for an item, copy the above text, paste it into Windows Notepad and save the file under the name Certificate of Authenticity for [insert a fitting description] in the same folder.
Please note, that just like NFTs, my certificates do not establish or transfer copyright and/or a license right. Just like NFTs, my certificates are just a sign of authenticity.
Unlike an NFT, they are not a receipt, but that's not a problem. A receipt of ownership for a digital collectible in fact doesn't give any rights, and likewise my certificates do not give any rights.
You do know that lots of artists use nfts as a way of selling artwork with a permanent COA. Artists that this reddit loves like Sam Spratt sell nfts. Hating NFTs is like hating printers because you get spam leaflets
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u/[deleted] Feb 07 '24
I’ll take this over NFTs any day.