Are NFTs actually useful for artists? - Crypto in Plain English – Episode 12 - by cryptohunt.it
Crypto in Plain English - by cryptohunt.it13 Okt 2021

Are NFTs actually useful for artists? - Crypto in Plain English – Episode 12 - by cryptohunt.it

Welcome to the cryptohunt jam where we spend one minute a day to explain crypto. In plain english.

Today: Are NFTs just good for speculation, or are they a new way of helping artists?

Last time we discussed how NFTs get so valuable, but we didn’t talk about their real world use. Clearly, you’ve asked yourself: Does this actually solve any problems for artists?

Yes it does! Let’s dive in!

First, selling artwork as NFTs opens up a whole new market for artists who were traditionally constrained to selling locally - through galleries for example, which can also want a big commission. With NFTs, artists can theoretically reach the entire world through websites like OpenSea.

Second, some NFTs also allow artists to make a commission every time their artwork changes hands. Imagine you create a painting, sell it as an NFT for a few bucks, but it takes off - like those cryptopunks. With physical art, you’d never see any money after the initial sale. With NFTs, you could.

Third, NFTs allow artists to sell rights to the same artwork more than once. It’s like Picasso using print techniques to create a series of the same painting – it allows for more people to own and enjoy the same piece, and potentially more revenue for the artist.

And tomorrow we’ll wrap our series on NFTs with a look into the most unique, valuable, and bizarre NFTs that exist out there.

Disclaimer: This podcast references our opinion and is for information purposes only. It is not intended to be investment advice. Do your own research and seek a duly licensed professional for investment advice.

Episoder(373)

How the future of music will look like with AI - Episode 365 - by cryptohunt.it

How the future of music will look like with AI - Episode 365 - by cryptohunt.it

How the future of music will look like with AI Welcome to the Cryptohunt Jam, where you learn – in just a minute or two a day – what is happening in crypto and other game-changing ideas. As always: In...

22 Feb 20232min

How a future with AI will look like: No more “Googling” things - Episode 364 - by cryptohunt.it

How a future with AI will look like: No more “Googling” things - Episode 364 - by cryptohunt.it

How a future with AI will look like: No more “Googling” things Welcome to the Cryptohunt Jam, where you learn – in just a minute or two a day – what is happening in crypto and other game-changing idea...

21 Feb 20232min

How a future with AI could look like for movies - Episode 363 - by cryptohunt.it

How a future with AI could look like for movies - Episode 363 - by cryptohunt.it

How a future with AI could look like for movies Welcome to the Cryptohunt Jam, where you learn – in just a minute or two a day – what is happening in crypto and other game-changing ideas. As always: I...

20 Feb 20232min

A brief update on FTX - Episode 362 - by cryptohunt.it

A brief update on FTX - Episode 362 - by cryptohunt.it

A brief update on FTX Welcome to the Cryptohunt Jam, where you learn – in just a minute or two a day – what is happening in crypto and other game-changing ideas. As always: In plain English. It’s been...

17 Feb 20232min

Could stablecoins allow the entire world to switch to the US Dollar? - Episode 361 - by cryptohunt.it

Could stablecoins allow the entire world to switch to the US Dollar? - Episode 361 - by cryptohunt.it

Could stablecoins allow the entire world to switch to the US Dollar? Welcome to the Cryptohunt Jam, where you learn – in just a minute or two a day – what is happening in crypto and other game-changin...

16 Feb 20232min

Why is the US government attacking stablecoins? - Episode 360 - by cryptohunt.it

Why is the US government attacking stablecoins? - Episode 360 - by cryptohunt.it

Why is the US government attacking stablecoins? Welcome to the Cryptohunt Jam, where you learn – in just a minute or two a day – what is happening in crypto and other game-changing ideas. As always: I...

15 Feb 20232min

What is ERC-20 Recovery? - Episode 359 - by cryptohunt.it

What is ERC-20 Recovery? - Episode 359 - by cryptohunt.it

What is ERC-20 Recovery? Welcome to the Cryptohunt Jam, where you learn – in just a minute or two a day – what is happening in crypto and other game-changing ideas. As always: In plain English. Coinba...

14 Feb 20232min

Is the US banning staking? - Episode 358 - by cryptohunt.it

Is the US banning staking? - Episode 358 - by cryptohunt.it

Is the US banning staking? Welcome to the Cryptohunt Jam, where you learn – in just a minute or two a day – what is happening in crypto and other game-changing ideas. As always: In plain English. Toda...

13 Feb 20232min

Populært innen Business og økonomi

stopp-verden
lydartikler-fra-aftenposten
dine-penger-pengeradet
e24-podden
rss-penger-polser-og-politikk
rss-borsmorgen-okonominyhetene
pengepodden-2
pengesnakk
livet-pa-veien-med-jan-erik-larssen
rss-politisk-preik
utbytte
morgenkaffen-med-finansavisen
tid-er-penger-en-podcast-med-peter-warren
finansredaksjonen
lederpodden
stormkast-med-valebrokk-stordalen
rss-markedspuls-2
liberal-halvtime
rss-sunn-okonomi
rss-pa-konto