What's wrong with NFT art

For the last couple of weeks, news about the "new era of digital art", sales of memes and works of digital artists for hundreds of thousands (!) No, millions of dollars have been heard everywhere! This is an opportunity for digital artists to finally earn their own pretty penny, and for collectors - to trump their collection of gifs. Sounds cool? Yeah, right now.





Before Habra also got NFT-hysteria, so I'll write about this phenomenon slightly different angle.





Ownership

The desire to buy something arises from the awareness of the value of what is being bought. With a cryptoart, “ownership” of an object on the blockchain is claimed. But we still live in a legal world that regulates such relationships between people. NFT is nowhere and in any way regulated or recognized as a means of designating ownership. If we draw an analogy from a legal point of view, then buying a cryptoart is the same as buying a plot on the moon or calling a star by your own name. Recently I was shown an ad on Facebook for “Become a Lord”. The bottom line is that you can buy a square foot of land in Scotland for $ 49.95 and, according to Scottish law, officially receive the title of Lord.





Simply put, marketplaces equate a blockchain token with the legal meaning of owning something.





— Christie’s NFT. 33- , , , (!) :





You acknowledge that ownership of an NFT carries no rights, express or implied, other than property rights for the lot (specifically, digital artwork tokenized by the NFT).





… You acknowledge and represent that there is substantial uncertainty as to the characterization of NFTs and other digital assets under applicable law.





, 69 . : 9+ . , ? Sotheby’s .





:





Crypto: “Take us seriously!”

FinCEN, Treasury: “Sure!”

Crypto: “No, not like that,”





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Christie's ,

{"title": "EVERYDAYS: THE FIRST 5000 DAYS", "name": "EVERYDAYS: THE FIRST 5000 DAYS", "type": "object", "imageUrl": "https://ipfsgateway.makersplace.com/ipfs/QmZ15eQX8FPjfrtdX3QYbrhZxJpbLpvDpsgb2p3VEH8Bqq", "description": "I made a picture from start to finish every single day from May 1st, 2007 - January 7th, 2021. This is every motherfucking one of those pictures.", "attributes": [{"trait_type": "Creator", "value": "beeple"}], "properties": {"name": {"type": "string", "description": "EVERYDAYS: THE FIRST 5000 DAYS"}, "description": {"type": "string", "description": "I made a picture from start to finish every single day from May 1st, 2007 - January 7th, 2021. This is every motherfucking one of those pictures."}, "preview_media_file": {"type": "string", "description": "https://ipfsgateway.makersplace.com/ipfs/QmZ15eQX8FPjfrtdX3QYbrhZxJpbLpvDpsgb2p3VEH8Bqq"}, "preview_media_file_type": {"type": "string", "description": "jpg"}, "created_at": {"type": "datetime", "description": "2021-02-16T00:07:31.674688+00:00"}, "total_supply": {"type": "int", "description": 1}, "digital_media_signature_type": {"type": "string", "description": "SHA-256"}, "digital_media_signature": {"type": "string", "description": "6314b55cc6ff34f67a18e1ccc977234b803f7a5497b94f1f994ac9d1b896a017"}, "raw_media_file": {"type": "string", "description": "https://ipfsgateway.makersplace.com/ipfs/QmXkxpwAHCtDXbbZHUwqtFucG1RMS6T87vi1CdvadfL7qA"}}}





() Nifty CDN

{"description":"LIMITED EDITION 1/1 | includes signed limited edition prints of all 3 states (pre-election, Trump win, Biden win)\r\nThis piece is a first for Nifty, a token that will change based on the outcome of the election. If anything is constant about the times we now live in, it's uncertainty. This uncertainty is perfectly encapsulated in this piece of artwork as the person buying the piece will not know the final artwork. The artwork will be one state at auction before the election, and after the results of the election are known, will forever change to reflect a Trump or Biden win.\r\nPLEASE FUCKING NOTE: If trump wins, this token will change to that video of sexy boi king trump stomping through hell FOREVER. I don’t want you coming back to me bitching that you spent $2M* on this and now it’s a video of orangeman going HAM and it’s keeping u up at night popping mad boners. should have voted bruh.\r\n*and stfu that this isn’t gonna be worth a fuckton more when I hit 30 years of everydays and have a permanent collection in the MOMA. smh.","background_color":"ffffff","external_url":"https://niftygateway.com/#/","image":"https://res.cloudinary.com/nifty-gateway/video/upload/v1603975875/Beeple/BIDEN_WIN_iwkosh.png","name":"CROSSROAD #1/1","animation_url":"https://res.cloudinary.com/nifty-gateway/video/upload/v1603975875/Beeple/BIDEN_WIN_iwkosh.mp4"}





The link dies - well, art is eternal.








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