5min chapter

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NFTs with Nathan Schneider and Cory Doctorow

Upstream

CHAPTER

The Gamestop Insurgency

The art world is already speculative and distopia. So i think we need to be careful not to be nestalgic about the status quo. Nft, it's about pure speculation and coin shilling. Just feels like the culmination of so many depressing parts of capitalism. And two things that n fts introduced that i think are really interesting and worth sitting with. One is this ability to programme essentially the politics of the othn f t. In an nft,. it's quite standard now to programm in a royalty for the artist. Every time that sale occurs, something like ten or 15 % goes back to the artist. I'd like to see where else that could go

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