If you think art can be appreciated without being an NFT, then why pay any amount of money for any physical art when a super high resolution PNG does the same thing?
If you think art can be appreciated without being an NFT, then why pay any amount of money for any physical art when a super high resolution PNG does the same thing?
This seems to be an object/reference mistake: NFTs (as we've been repeatedly told) are tokenizations of an asset, not the asset itself. You can tokenize anything, so of course there exist things represented by NFTs that are themselves are.
But NFTs themselves? They're not art, at least not until the Andy Warhol of SHA256 shows up.
That said, people are willing to pay irrationally large amounts of money for art for pretty similar reasons to why they pay money for NFTs.
NFTs as tokens not really. The art used in conjunction maybe. But the token is not art.
The NFT itself isn't - it's in fact just a .. wait for it now .....financial tool to monetize said art.
got 'em