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by HeadsUpHigh 1710 days ago
No one is buying NFTs expecting copyright ownership right now, that's just the nonsense people who are out of it think. There are NFTs that provide copyright with the purchase but that's optional. For now they are an alternative way to directly pay artists. An interesting idea that is gaining traction within the photographing community are people NFTing their photos and releasing them via CC when they are sold. If you buy the nft you get to fund the artist and this collectible has value afterwards.

Usually the more scummy ones you see are limited piece PFP collections with rarity traits etc. The OGs( cryptopunks) where interesting as the first NFTs to be ever made but the current churn is just hype. Besides that the more artistic generative collections like the art blocks curated are interesting. Most of the big pieces are in the collections of people that have no intention to ever sell them. Some are experimenting with online galleries of shorts.

Basically throughout the whole hype bubble with nonsensical projects( crypto is the definition of fuck around and find out) there are some who are exploring some cool artistic stuff. Personally I never understood high art so I'm staying out of it.

Also don't get caught up on the prices, these are priced in Eth, not $$. Eth was $80 a couple years ago and a few cents when it launched( and yes I do know people who have held eth since way back then). When something appreciates so fast it makes sense that some people are more willing to spend it in such ways.