I don't know about nft so much. Just started thinking. People in art school are not satisfied with art market in Japan, so they have quite positive feelings to it, I think. But I need to know negative opinions to it. In Japanese information, I couldn't know it for now.
@okachiho This article has good critique both of the environmental toll, the 'solutions' to the environmental toll and how it perverts some of the unique qualities of digital art: https://everestpipkin.medium.com/but-the-environmental-issues-with-cryptoart-1128ef72e6a3
Here is a good and critical background on what an NFT is specifically: https://davidgerard.co.uk/blockchain/2021/03/11/nfts-crypto-grifters-try-to-scam-artists-again/
The last author is a long time skeptic on anything crypto but well informed.
He argues one of the reasons there is so much hype on NFT is because those that got in early when it was easy to mine / cheap to buy basically make their money on selling it on to the next person. So that is why everyone who has a stake in it presents it as if it is the next big thing, so they can sell at good mark up. This has been the same with all crypto tokens so far.
@okachiho This article a few days ago presents some pretty good evidence that the mysterious big players in NFTs are running a kind of scam:
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