The Promise of NFTs for Artists and the Art Market
The Art Law Podcast
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Is There a Market Fiction Within NFTs?
There's so much range in production of NFTs and some of them I think are intentionally tacky and then poor taste. We might be aesthetically libertarian and agree to disagree, you know, people like what they like. The core thing that the NFT does is that it creates digital scarcity. It creates the possibility of having one copy or a controlled number of addition to copies of a digital work which would otherwise exist in infinitely replicable form.
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