I can't follow the narrative of NFTs giving power back to artists because I still have yet to hear anything other than a vague clairvoyance of how this would be accomplished. We're at year zero here and already paying gas, listing, and/or commission fees to entrepreneurs. 1/4
2/4 - If you're spending your time being a successful artist, someone else will always spend equal time facilitating making money off of your art. Metallica didn't make as much as Warner Music Group. A director doesn't make as much as a film producer.
3/4 - Metakoven and their close knit group of crypto traders made more than Beeple. Before that, Instagram alone likely made more off of Beeple's work than he did. This is, to my understanding (as an artist who bought back all of my IP from labels) an unavoidable reality.
4/4 - Artists by nature have an oversaturation problem, and that means that there's always going to be 10 talented mofos who will take the deals you proudly refuse. Loss aversion is brutal. Decentralization is great, but it doesn't change supply and demand. I hope I'm wrong. 🤷🏻‍♂️
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