I got a friend who has made a pretty good name for himself in the graffiti world over the last thirty years or so, and is interested in selling some of his art. Any tips for him?
NFTs completely confuse me
NFTs completely confuse me
I posted this is the other NFT thread from last weekend so I’ll copy and place it here.
I think right now how NFTs are presented is what’s throwing people off bc it’s shown as a way to benefit artists in terms of simply selling their art and the ability to get royalties.
the real utility of NFTs will become present when companies starting using it. Companies will show the usage of NFTs because it will be something like an access badge that will be consistently working for you in the future. It’ll be a status thing like gold, silver, bronze membership. So let’s say you have a conference to pay to go to. Instead of buying tickets you will buy a NFT. This NFT might give you early access or a chance to buy tickets earlier than everyone else. But it won’t only be for the conference this year, it will work for the next year and the next year. If you can’t go the following year, you could sell that NFT to someone else. Obviously the company planning the conference will get the royalties from that as well.
maybe you can’t afford this NFT so you will buy another cheaper NFT that gets your regular admission. Or you can buy an NFT for virtual remote access etc.
The NFTs that will last are those that have utility. Meaning it gives the users something of value not just once but repeatedly.
@HoloGraphic I noticed that you didn't mention VEVE in your original post at all.
Is that "no good"?