Earlier quoted context omitted.
It's impressive how quickly the NFT space has abandoned any semblance of selling unique artwork, and converged on ten thousand variants of "randomly generated animal pictures" with half of them being monkeys because they're cargo-culting Bored Ape Yacht Club. Ironically in trying to create "digital scarcity" they've lowered the bar to entry so far that their "scarce" assets are buried under an endless avalanche of ne…
Is it impressive? I would've thought this is exactly what we expected. Actual artists are off making stuff they can sell, and 99.99% of them don't know what an NFT is. Meanwhile there's a whole community of teenagers on the internet who don't make anything but do know about NFTs. If you run the numbers on "artists who know/care about NFTs" vs "Idiots on the internet gullible enough to buy into anythin" I think 10,000…
In my experience, it's the opposite. If you're an artist with an internet connection, then you know about NFTs.
Art communities across the internet have been fractured by the topic this year. Some have banned the posting of NFTs[1], some have built software to alert members when their work has been stolen and turned into NFTs[2]. Artists who speak out against NFTs are frequently dogpiled by crypto enthusiasts claiming that they don't care about their fellow artists[3]. Even famous artists know what NFTs are[4], since they've all been approached at some point by a crypto investor who wants them to make NFTs. As an artist, it's difficult to escape the topic, and it's causing quite a bit of backlash.
1: https://www.reddit.com/r/PixelArt/comments/rrb8s8/rpixelart_...
2: https://www.deviantart.com/team/journal/DeviantArt-Protect-8...
3: https://twitter.com/simonstalenhag/status/136987854676887142...
4: https://www.theverge.com/2021/12/20/22846654/brian-eno-nft-c...