Quote:
Originally Posted by Fuzz
I've got lots of art pieces I've picked up in markets around the world. The money presumably went to the artist. I like it on my walls. So I don't think all art is dumb. But paying huge amounts of money when the artist sees none of it? That's dumb. And this NFT is particularity dumb.
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Unfortunately though, that's kind of how art works. The artist creates something and sells it for the price they can. Then it gets resold and suddenly the asking price is ludicrous...but the artist isn't seeing any of that. The could create another piece and hopefully the asking price there is bigger windfall for them, but that doesn't always work out either.