Re:Grumpy Cat NFT sold for nearly $80K
by joshspankit on Friday March 19, 2021 @09:44AM
(#26513222)
There’s an important distinction (that I think the NFT market has pretty much solved):
The OP’s point can be said about pieces where the minter does not have the rights to sell the NFT. We have seen some examples of this in the NFT space (as we have with physical art/property/items).
However: in cases where the minter has the provenance, the analogy falls flat, and instead we can talk about NFTs as an upgrade to the art of previous generations.
The OP’s point can be said about pieces where the minter does not have the rights to sell the NFT. We have seen some examples of this in the NFT space (as we have with physical art/property/items).
However: in cases where the minter has the provenance, the analogy falls flat, and instead we can talk about NFTs as an upgrade to the art of previous generations.