Re:NFT's aren't the answer to the problems of digital art
by miracle2k on Tuesday November 09, 2021 @10:08AM
(#29162694)
Yes. Except NFTs, for one reason or another, have introduced a whole new set of people to the idea of paying for an COA; they are suddenly really easy to buy, easy to sell, and the ledger creates a community of owners who recognize each other's COA as meaningful.
That's incredibly powerful; because a physical COA in my cupboard that none of my friends gives a shit about is less interesting.
NFTs aren’t providing anything beyond what a COA provides, and the COA comes with a physical handwritten signature. Neither is any actual protection against determined forgers. As an occasional artist and photographer, I wonder if the solution to authenticating and valuing digital art is to sell the copyrights along with only a single digital and/or physical copy of the art, and then delete it. Make it unique to the buyer the same way a sculpture or painting is unique.