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hebetude | 4 years ago

The problem with art is good provenance. NFTs specifically solves this issue. Provenance was a common word used by art collectors describing the issues with Art auctions during NFT.NYC. Noah Davis really opened my eyes to this topic, here's his speech at NFT.NYC https://www.youtube.com/watch?v=HeVZeXsRKhs

It would take a while to explain provenance in crypto space. It's largely based on credibility and ownership of addresses. Once credibility and address is established, it is a simple operation to prove the Bridge picture came from a specific artist. Things like ENS (Ethereum Name Service) are examples of deep support for provenance in Crypto.

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