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by dstaley 1705 days ago
> NFTs give artists and photographers a new channel to sell their work without being constrained too much by middle men.

This is a benefit of cryptocurrencies in general, but doesn't explain specifically how NFTs themselves (rather than a generic selling platform not utilizing NFT tokens) increase the artist's economic freedom.
1 comments
fleddr 1705 days ago
A generic selling platform can go under, delist you, censor you, change terms, get hacked, accidentally lose all content, can change content, they can do (almost) anything.

A NFT is on chain and immutable. Further, they can have smart contracts where artists dictate advanced terms.

So you have more freedom and control in general. As to whether this leads to more monetary success is another question.

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wjohnsto 1705 days ago
What happens if the domain hosting your URL pointer from your NFT disappears?
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fleddr 1705 days ago
Probably IPFS is the best solution right now.

You know, this problem is a lot more generic than many think. There is no such thing as "forever hosting" for a fixed one time cost.

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