|
|
|
|
|
by grvdrm
1682 days ago
|
|
Could we instead think of this as two different types of marketplaces? The first covers physically scarce high value items. The second covers more easily reproducible lower-value items. The first is the market where people transact to make the compensation they need. The second is, instead, almost a social network. It helps create economic value by enabling broader exchange of assets while also decoupling those assets from compensation needs of the artists. It boosts/hurts the artists profile. Maybe in the first you are selling a painting that took months and can attract a high price whereas the second is where as an artist you distribute scribbles. You aren’t worried about making money from those when you mint NFTs from them. Not at all familiar with art market and if this is how things work today but curious if this is a logical take. |
|