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casi18 | 4 years ago

> I have every single game ever made for every console generation from 1978 through 2002. This cost me next to nothing

I think you are confusing the cost of production of these things, and the cost to you personally. There is a cost (material) and scarcity(human time) involved in making things. I think we have got away as a society with not paying artists and musicians and demanding their content be free and "post-scarcity". That really isnt helpful to people trying to live in this world. See Gillian Welch sadly singing "Everything is free now... They figured it out, I'm gonna do it anyway even if it doesn't pay".

> which doesn't really benefit the artists in any way.

the default on most marketplaces is a 10% resale royalty paid to the artist. compare this to existing aucition houses where we get 0. or second hand record shops where we get 0%. or spotify or youtube where the ceos are billionaires and we get fractions of pennies for streams AND have our work surrounded by adverts.

when i look at https://foundation.app/collection/clsfd I see an artist i really admire finally getting paid some money for her years of work and experimentation. and retaining control in that system. The work isnt tied and locked in to this particular website like posting on instagram, the provenance is clear and royalties fair (decided by the artist).

I think people need a reminder of Sturgeon's Law. 90% of everything is shit. Don't get blinded by the noise. https://en.wikipedia.org/wiki/Sturgeon%27s_law

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AnIdiotOnTheNet|4 years ago

> I think you are confusing the cost of production of these things, and the cost to you personally.

No, I'm not. The fact that artists need to be paid for their work so they can continue to exist within world of scarcity economics is orthogonal to the fact that information can be copied and disseminated for an effective zero-cost.

Let me put it this way: if, instead of minting and purchasing an NFT, the potential buyer just gave the artist money, what has changed? Everyone can still copy the art for free, the owner can still say they paid for it and prove it in any number of existing methods. Absolutely nothing about adding a cryptographically secure certificate of ownership to that is valuable as far as I can see.

Tossrock|4 years ago

So why didn't people do that? There has been the option to give artists money forever, and yet as a society, we generally haven't. NFTs are demonstrably transferring massive amounts of wealth from crypto bros with too much money to artists who need it. It's revolutionary because _it's actually happening_. Even though it was theoretically possible in the past, _people didn't actually do it_. The traditional art market doesn't care about an artist until they're dead. The value of NFTs is that a massive new market for art, from living artists, has been created ex nihilo.