Get your typing fingers ready, we are talking about NFTs today and why they might be even worse than you thought and not great for most artists. I really wanted to look at NFTs and the infiltration of cryptocurrency in art in all of its context with the current art market. No shade to those artists who are making NFTs right now, get your (bit)coin, but perhaps consider the bigger picture and who is pulling the strings!
Thank you to Kim Parker for the extremely illuminating data on NFT sales: https://thatkimparker.medium.com/most-artists-are-not-making-money-off-nfts-and-here-are-some-graphs-to-prove-it-c65718d4a1b8
Music: Aviino – Slim Bobby https://chillhop.com/?p=9742
2:50 Defining NFTs
6:12 How We Value Art
10:16 The Infection of Capitalism
18:09 The Claims
30:51 The Environmental Impact