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What do people think about this? Is this the future for digital art sales?
https://www.bbc.co.uk/news/technology-56362174
https://www.bbc.co.uk/news/technology-56362174
How about buying a tweet? https://www.bbc.com/news/world-us-canada-56307153
It's one thing that I post my images on Flickr. It doesn't cost you anything to look. But to spend $67 million for art that's 1's and 0's, that you can't hold like someone or something you love, just doesn't have the same worth or appeal to me. On the other hand, considering how social media creates relationships rather than hugging friends, Zoom, and everything else we remotely do digitally, maybe its time has come.That sure is a strangely ugly image in the op's BBC's link. Part of me is aghast at seeing what's happened to the art world (industry?), while the other part is fine w/ it. Photographs weren't allowed to be hung in museums at one time because they weren't "art", so there's always going to be resistance and derision from the established order.
Change generally looks pretty rough in the beginning, and is usually treated that way. Even Whistler, one of the more conservative of painters at the time, was accused of "flinging a pot of paint in the public's face". Look, this is art. Let's keep our expectations low.
The 'ones and zeros' thing used to bother me too, but in the end, nothing is permanent. Thankfully I just make the stuff. It doesn't have to be judged by anyone other than me and I don't even want to hear what anyone else thinks of it. One gallery opening attendance was one too many, and the only reason to go to other artist's openings is for the treats and vino. As long as they're not digital creations, I'm happy.
"A fool and his money are soon parted."
Yes. You shouldn't have been driving.Oh, if only I was the one to do the parting. I see it as a patriotic duty - a fool with money is a dangerous thing indeed.
As for buying digital art - if it's 1's & 0's it can be copied. There is no original.
OTOH: I claimed, way back in the 80's - "It isn't real until it's virtual." I'm not sure what that means, but as it sounds good it must be true. The people I was with at the time decided to take my keys and drive me home.
How do you brag about your $68 million dollar artwork if you can't hang it on your wall? What good is the pickup expression, "Would you like to come over to my apartment and see my etchings?" What do you do? Pull out your iPhone and flash it at people. The whole thing is just silly. For a million, I'll email all my Flickr pictures to anyone who pays.NFts are more a collectible than they are art, like beenie babies. It is just a massive bubble right now. You should probably avoid them like the plague... The rule of thumb for anything like this is once you hear about it in the news, it is too late.
I suppose in the future NFTs will become useful for ownership. One good thing about NFTs is they are smart contracts, so when one gets sold again, the "artist" gets part of the sale. So if someone buys an NFT for say $100, then later sells it for $2000, the "artist" makes more from the second sale then the first. The underlying technology is more interesting than the bubble going on right now.
It is crucial to understand that the art market has nothing to do with art. It is a mixture of finance and snobbery.
Isn't this tech theoretically great new for commercial photographers, if it can be employed to prevent unlicensed distribution of images?
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