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28673416 No.28673416 [Reply] [Original]

Can you actually resell this stuff? What are the benefits to "owning" a piece of digital art? how much would you pay for one?

>> No.28673492

>>28673416
I made like 30k buying and selling ROPE NFTs. Wish I had the foresight to get into Hashmasks when I discovered it.

>> No.28673552

Not really. Look at the first ever NFT made by the Dodgers. The price has stayed about the same since release and literally a relic. Currently about $100. It did increase from the $70 price point but it should be worth like 3 eth at least. True NFT are still not real real.

>> No.28673823

>>28673552
>True NFT are still not real real.
what did you mean by this

>> No.28674209

NFT are only pump and dump.

>> No.28674248

If you're actually buying single run things directly from actual artists. My friends prices have been starting at 1 eth and have only been trading up super fast

>> No.28674881

As others have said, you can flip them, but imo the real opportunity is buying early work from an artist who later blows up. Obviously that's hard to pick and you'll have to wait, but that could end up being a 100,000x which you just can't get with shitcoins anymore

>> No.28675434

>>28673416
two conditions need to be met
>people accept premise of NFT art being unreproducable despite the fact you can just copy the image like any computer file
>the art you have is from an artist people value

I think NFT will only take off in video games, I can't see people buying a png that has no other utility. At least with stuff like video game skins you can flex on other players with it

>> No.28675461

>>28673416
No. NFTs are the biggest meme of this cycle.

>> No.28675465

Currently a pump and dump.

>> No.28676522

>>28675434
what if it confers the legal right to use the art to collect royalties, to take legal action and so on

>> No.28676717

I'm an artist and kind of wanna get into it. What do you guys think would be worth making art of? Was thinking about doing some dumb Elon Musk GIFs

>> No.28678046

>>28676522
then you lose most of the point of having it tied to crypto. "legal" implies trust, kyc controls and so on. the value proposition remaining is extremely thin, an unique and unfalsifiable digital id and perhaps composability... which in itself aren't bad things, but given how early we are it's a crapshoot to guess which platform would take off and become the standard in that area

>> No.28678923

>>28674209
Helo fellow retard

>> No.28679921

this whole nft art has the same feel as abtract painting. some people will make money but those will be very very few and most will lose. seems like people who would by this dont know shit about art, and definitely digital art.