ImActuallyGaryBusey t1_j19edfv wrote
Reply to comment by ctruss53 in Can NFTs Offer a Fair Living Income to Artists? by [deleted]
I am confused here. How is this any different than selling physical cd's or digital copies? If i buy i cd, that doesn't give me exclusive rights to the music on it either. Are musicans charging extra for the nft version of a song that is cheaper if you buy it normally on itunes or whatever? I thought they were selling their music exclusively via nfts at regular price.
ctruss53 t1_j19inay wrote
Because the whole selling point behind an NFT is it is supposed to be unique or limited production. They make 1 or some and that is it. Which makes them more valuable.
But the artist can just release more when they want more money, thus reducing the value of the one you already bought when they claimed that was all they would release.
ImActuallyGaryBusey t1_j19k0oh wrote
It sounds more like the artist is the scammer then, not the nft itself. Shame on any musician who abuses the trust of their fans
Environmental_Fly691 t1_j1a4vor wrote
Exactly, I don't know why they think we should be held accountable for the actions of dishonest people. I understand that most of the things that transcend to the general public are negative, but I feel bad that they point this way to all the honest people that participate in the sector.
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