Quote:
|
Originally Posted by The verge
the FAQ says these particular images will “have increased scarcity to preserve their status.
|
This effectively sums up NFTs.
The digital revolution removed scarcity as a reason for paying more for an image, basically dumping the price of still digital images into the gutter as there’s no investment in owning a digital image. For awhile the art world was pushing “Giclee prints” as the definitive collectors item, but it’s both still a physical item and as screens get better, possible not the optimal way to display images in the first place. So there’s been a scramble to figure out how to artificially create scarcity in a way everyone agrees upon to keep ‘art market as a form of investment’ alive.
As much as I think they’re dumb, they’ve been an interesting capitalistic robinhood, with people who unexpectedly became internet famous, getting some money for their fame. If you or a loved one has been included in an internet meme, you may be entitled to compensation… and should absolutely sell the meme as an NFT before the hype fizzles.