Hacker News Reader

Until the artist needs money, and “mints” more NFTs for the same URL.

That’s on them and their reputation. Why would an artist intentionally damage their community and legitimacy.

Same reason anybody does? Bags of money.

Personal Opinion: By selling NFTs - metadata about the art and not the art itself - their integrity as an artist is already somewhat suspect in my mind.

Timestamp shows which one came first.

So? That doesn't make the following ones invalid. At best, it's like a numbered print.

The point is, there's no scarcity built in to an NFT. Scarcity builds far more value than a position in line.

Reply on news.ycombinator.com