Post
Topic
Board Altcoin Discussion
Re: "NFTs are overrated, over valued and nothing but useless tech fetishism"
by
Similificator
on 04/05/2022, 07:40:36 UTC
Can you explain to me like I am five, the benefit in this example you mentioned if historical art pieces are produced as an NFT?

The benefits I can tell you now are:
- Being able to reach more people without having the trouble of traveling, like online exhibits for a specific group of people that have purchased rights to be on that event in the metaverse. (Of course, nothing beats seeing the actual pieces in person but as the metaverse gets more common these type of events will happen a lot. Specially at times like these when vaccination is required most of the time for travelling, non vaccinated people can still enjoy art.)

- Helping museums make ends meet at the times of pandemics such as Covid which is still affecting us to this day.

- Helping millennials become well aware of historical arts making way for historical knowledge and appreciation to be preserved and passed on easier compared to traditional ways of displaying and promoting historical arts.

There may actually be more benefits than what I have mentioned so apologies if those are the things that I can currently think of at the moment. And of course, there are also disadvantages but as this space matures, I believe that most of these disadvantages will get taken care of gradually.