Thread by @isyourguy

artists pay to list pieces, buyers pay to place or cancel bids, artists pay to accept bids. this is all paid in speculative funny money that you need to buy in advance.

sure seems like a system where people with money/audience can benefit from this at the expense of others.

the more people buy the funny money, the higher the perceived value of the funny money. the higher the perceived value of the funny money, the more expensive it becomes to mint and make/accept bids.

IT SURE SEEMS LIKE some people are gonna get rich at the expense of others

this is not the democratization of art. this is not taking the power back. this is techbros and investor backed platforms sitting on mountains of funny money converting you into fuel for the turbo train to climate hell.

when ethereum no longer has value, what value will they see in your works?

i encourage anyone thinking about getting into cryptoart to look into "vanity galleries". techbros have just merged this with MLMs and called it cryptoart.

notice how gallery scams and MLMs will tell you that it's both a great way to make money, yet you shouldn't get into it to make money?

i wonder when crypto artists will be admonished for being "greedy" for trying to make money off the... art marketplace...

i'm sure these artists are feeling empowered and in control of their IP.

the system is literally eating their money. they get nothing. the miners and techbros get everything.

i'm sure the techbros with a financial reason for you to hold your funny money will be real chill and fine with you cashing out.

"artists can make money" my ass. you wanna cash out and pay rent? that's irresponsible!