And that seems to work really well for all parties involved without the use of NFTs and blockchain. So based on your own analogy, why bother complicating things with NFTs?
That’s the main question. Is there any evidence that the average artist has significantly benefitted from NFTs? Those who sold works during the bubble did, but is there any indication of a sustained benefit for most of the art community? Afterall, NFT fees are pretty high so there needs to be considerable bang for the buck.
Great. But as soon as the digital image or music gets posted on a public website it can be downloaded for free by right-clickers. How do you think that would impact the value of the original?