Altcoins Talks - Cryptocurrency Forum

Cryptocurrency Ecosystem => DeFi tokens => Topic started by: MetaAttorney on June 15, 2024, 11:19:24 AM

Title: Monetisation Of ArtWorks In Web3.
Post by: MetaAttorney on June 15, 2024, 11:19:24 AM

Non fungible tokens have steadily been incorporated into the blockchain space as an integral part of it. Through time, there has been innovations to let users earn or own a stake in valuable works of art.

Artfi as a an art technology company looks to enhance this by leveraging solely on the blockchain technology and NFTs.

Monetising and tokenising renowned artists' works is incredibly good idea. Let me know what you think about art monetisation and NFTs.

Title: Re: Monetisation Of ArtWorks In Web3.
Post by: joniboini on June 21, 2024, 05:24:24 AM

What kind of new ideas do they offer? Staking or earning tokens is not really new, and I fail to see how it works to monetize an artwork. Why not just trade your art directly? I don't think you can replicate an art gallery or something similar just because you use blockchain to print your drawing. For me, these kinds of ideas seem forced and the goal is just to get money for the sake of it, not solving anything urgent for an artist at all.