Kenny Schachter: “Royalties are F*cking Stupid"
nft now podcast
The Unrelated World of the Art Market
I coined the word NFTism about all the things that really excited me to the level that I hadn't felt in 20 years, toiling away in the traditional art world. This kind of meeting great people. And you can take all of that and substitute NFTs for this traditional art and you'll come up with the reflection of the same problem. It's a cesspool of corruption. There is some level of people pumping their own books and manipulating activity at auctions like Sotheby's and Christie's and Phillips.
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