Originally posted by pkboy Any recommended reading then? I understand the concept and the technology, just the part where I post work on a marketplace so the more important bit. Any recommended platforms? Any specific to photography / digital art? What are the requirements, I imagine some digital currency wallet.. and so on.
Any NFT marketplace has their own system to get in, and since there are so many it would be impossible for me to link them all for you here - since I am on Foundation, here's the Foundation guidelines:
Foundation Help Center. If you prefer a different marketplace, I recommend you go to their website and read their "how to" guides, most are very clear. Hope this helps!
Originally posted by Fenwoodian I own Bitcoin. I believe it's prices are manipulated and rigged. For example, last Saturday night, at around 10:30pm the Bitcoin price suddenly dropped about $8,000 USD, and then in short order went back up. Free and fair markets don't act like that!
I suspect NFTs are the same. Initially there were some widely reported NFT sales for incredible prices. I suspect it was all a show to drum up interest. Everyone I know who have entered into the NFT market has lost money. Who do you know (other than those early adopters we all read about) who has actually made money making and selling NFTs?
"Physical" Art works the same way. There are inflated artists by gallerists, artists who buy their own work at auctions to inflate their own value, and so on. Same with NFT, but with a very important difference: since ALL transactions are recorded forever, and out there for everyone to see, you can very easily open any art and see the whole sequence of bids, which will make it very clear if the bidders are legit or not so legit. So, in a way, it is MORE transparent than the regular Art world.
There are many artists that are making money with NFT. To remain in the realm of photography, check out Rebuen Wu, for instance:
Reuben Wu (@itsreuben) | Foundation.
As with everything new, it seems to me that there are a lot of preconceived opinions, and a lot of people expressing their opinions without really knowing what they are talking about. Which is to be expected, it's nothing new and it's the same with most things (including photography, brands etc).
My recommendation is, if you are interested, do your homework and don't believe people on forum - including me, of course
I did, I got intrigued by the possibilities of NFT and I am going to pursue these possibilities and see what happens - side by side with my Fine Art prints, of course, not instead of them.
Best regards,
Vieri