In most cases the creator of the NFT != the creator of the artwork.

You are describing counterfeit art and is easy to identify

That's like pointing out how many fake Gucci bags are out there and dismissing the real Gucci by saying "in most cases the creator of the Gucci bag is not Gucci."

I'm also talking about hiring a low salary graphic designer to create some simple cartoon avatars and then wash trade it into popularity because of metrics on the platform.

Or just copying of-chain images to create an NFT.

Or copy an NFT and put them on another NFT market.

Or change a pixel and put it on the same NFT bazaar ( by definition of law= code, it is unique by hash)

You can't get a real Gucci bag on NFT. The comparison is false, since i can right-click save a perfect original. There is no copyright on NFT's.

Edit: valid response below and couldn't respond. But it's not correlated to the NFT itself ( not saying you are intuiting that, just mentioning)

Source: https://xcopy.art/ https://superrare.com/artwork-v2/dankrupt-29757

Here’s another artist, Clon, he used to barely sell physical art at festivals, now he’s a multi million dollar art studio, because of NFT royalties. https://twitter.com/cloncast/status/1457425724860633090?s=21

Most people on Hacker news aren’t doing an ounce of research into the potential of NFTs and it’s clearly recognizable when i read all these comments. Reading a few articles by Bloomberg is not sufficient. You will all be left behind.

Becuase I take a look at this and it looks to me like all of this commercial activity has basically nothing to do with the art. I would kind of get it if you pointed to me to a guy whose selling peices of art for a few bucks, maybe $50-100 and selling a decent number of them who you know... like the art. But what market is this? These aren't art collectors who are just using the new medium is it. They're not fans of the art. They don't have thousands invested in traditional collections. They're not going to buy the same art, but off-chain. So is this really anything to do with paying artists at all? Who are these people who are suddenly rushing to pay thousands of dollars to artists?

Is this "StarryNight" who paid $2000 for this NFT excited to be supporting xcopy. Or is it the account of the venture capital fund of the same name? That's not exactly the story of giving power to creators that we were being told is it?

I think the problem here on HN is actually the opposite of what you're stating- the second you do do an ounce of research these claims start looking more and more fishy.

I don't see how you can make money that way.

>People are publishing their own books.

Now this, on the other hand, has a clear solution. You can simply put your epub on Amazon for $10 or so. There's no equivalent that I know of for art. For whatever reason, people are more willing to buy digital text than digital images.

are you really engaging in good faith?

Masterworks is centralized. You rely on Masterworks for everything, whereas you can buy NFTs from a number of competing sources.

In what way? A ton of artists I know on Patreon are polling their contributors to get feedback, releasing early content to them, and releasing exclusive behind-the-scenes info or life updates.

What about an NFT provides more personal connection than ongoing support and communication with the artist?

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And if Patreon isn't enough of a connection to your favorite artists, you can always directly commission them, which will give you a genuinely unique piece of artwork instead of just a serial number, designed in direct cooperation with the artist, that no one else owns, and that is uniquely tied to you in a fundamental way that can't be faked.

What about an NFT provides more personal connection than having direct creative input and a personal hand in the creation of a piece of artwork?

Just because there are multiple NFT companies doesn't mean they are decentralized. Can I buy an NFT on one platform, then sell it on another?

Look at OpenSea. It's the google/ebay of NFTs on Ethereum.

They are all interchangeable.

Digging a little more, it seems like the answer is sometimes yes. In this thread NBA Topshot is excluded: https://old.reddit.com/r/ethereum/comments/m1mb0s/can_someon...

Is that thread correct? Is the general theme that corporate NFTs don't truly decentralize, but small players and committed crypto people put their NFTs on Ethereum so they can be moved around?

Assuming you are somewhat technical, you can read about the actual smart contract standard, it's called erc721.

Though there are some projects that are working on bringing cross-chain portability to NFTs. I don't know how those work though.