NFT Artists Are Not Selling ‘Digital Art Objects.’ They Are Selling a Story—One That Requires Constant Retelling | Artnet News

NFT artists are not selling 'digital art objects.' They are selling a story—one that requires constant retelling:

” without any satire. You hear a lot about how NFTs will finally free culture from the baleful grip of Web 2.0—that is, from the influence of the big platforms that have snarfed up most of the profit of the attention economy, your Alphabets and your Metas.

Critics roll their eyes and talk about the absurdity of “buying jpgs.” But even this way of criticizing NFTs unintentionally embeds an unhelpful analogy. Collectors arebuying a digital image that functions like a discreet painting, as a “digital object.

The tendency for the NFT conversation to be dominated by large collections of slightly varied images flows from the need to have a story. A greater number of associated images means more transactions which in turn means more potential news events and data points to watch which in turn means more of a narrative to bet on.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

artnet /  🏆 522. in US

South Africa Latest News, South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Viola Davis Joins the 'Hunger Games' Prequel as Its VillainThe Academy Award winner is set to star opposite Rachel Zegler, Tom Blyth, and Hunter Schafer.
Read more »

Jennifer Lopez takes Ben Affleck’s kids to a Broadway show before weddingThe superstar — who is getting married to Ben Affleck again on Saturday — caused a stir when she arrived 20 minutes late for a Broadway performance.
Read more »

Jennifer Lopez & Ben Affleck to Have Wedding Celebration This WeekendA source tells ET that the couple's upcoming celebration will include 'close relatives, friends, and loved ones.'
Read more »

Ben and Erin Napier are making their holiday film debut in ‘A Christmas Open House’The 'Home Town' stars are making cameos in an upcoming holiday film called “A Christmas Open House.”
Read more »

The Sixers announced their schedule for the 2022-23 NBA seasonThe team will open against the Celtics, but when will Ben Simmons return to South Philly?
Read more »