“These numbers do not show the democratization of wealth thanks to a technological revolution. They show an acutely miniscule number of artists making a vast amount of wealth off a small number of sales while the majority of artists are being sold a dream of immense profit...”
...Hiding this information is manipulative, predatory, and harmful, and these NFT sites have a responsibility to surface all this information transparently. Not a single one has.”
“Business is whatever you want it to be, and whatever terms you agree to. There are plenty of other digital art marketplaces that don’t charge this amount of fees. There are business models that directly pay digital artists prices that they set themselves, like commissions...”
“... You want to pay an artist $10,000 USD for their work? Nothing is stopping you! You can even tip!”
The hits just keep coming: “Decentralization does not mean equality of opportunity. Tech deployed within the confines of a capitalist framework will never be liberating. The only way out is by breaking the frame.”
“There is a popular refrain among recruiters of these sites that NFTs are inevitable. But an exploitative structure with the majority of artists being chewed up as fodder doesn’t have to be our future. The success of NFTs depends on its public perception...”
“...As artists we have the ability to educate ourselves and decide whether or not we want to be used as neoliberal hype fuel. And maybe, with luck, we can work together to build something better, that does lift everyone up.” —@thatkimparker I seriously tip my hat to you!!!

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More from @TinaRiversRyan

25 Mar
Now that I've had some more time to stew on this, let me try to do a better job of explaining this particular point.

When an artist sells an artwork to a museum, they retain copyright to the image, which means they can dictate how the work is reproduced. (1/)
But the museum gets to control what happens to the ***work itself***: eg which exhibitions it's included in at the museum, and whether it gets loaned to a certain show at another institution. It's the museum's physical, if not intellectual, property.
The fact that the artist, after selling a work with an NFT, gets to sell the work again (eg off chain, as an edition) means that the artist has retained ownership in every sense of the term--not just controlling the IP, but in a way still possessing the work itself. (3/)
Read 9 tweets
24 Mar
You guys. YOU GUYS. We (@ReginaHarsanyi @habitual_truant @KelaniNichole) sat down and read the legal terms and conditions of a very popular NFT platform, and our minds are blown. (1/)
When you buy an NFT from them, ***you are not buying the work.*** Not even a little bit. You have no rights to it. The artist could still turn around and sell it to someone else (as long as they don't mint it). You really are just buying the NFT. (2/)
We were trying to figure out if a museum could borrow the work from the person who bought the NFT. The answer is no. And not because the rights aren't granted. It's because you don't actually own the work. At all.
Read 12 tweets
13 Mar
I'm enraged: A company called @globalartmuseum has begun minting NFTs of works in the @rijksmuseum collection. They claim "Any revenue derived from sales or rental will be shared with the museum" to help them during the COVID. How? Does the museum know about this??
Would love to see a rapid response from @MuseumDirectors @caavisual and investigation by @rpogrebin @the_gray_market et al. It's getting ugly out there, fast.
The use the title "The Rijksmuseum Collection" and the website link at the bottom here goes to the Rijksmuseum website. I would love to know if the @rijksmuseum knows about this.
Read 4 tweets
11 Mar
Read 4 tweets
22 Dec 20
This post has been 25 years in the making.

On December 22, 1995, I was diagnosed with Type 1 (aka juvenile) diabetes. I was 12 years old.

But today, I don’t want to talk about how I’m diabetic.

I want to talk about how I’m disabled.
Until now, I have never identified that way. Even though I’ve always known that I am legally disabled (according to the federal government), I never claimed disability as an identity.
Despite the endless hardships and limitations (and brushes with sudden death), I didn’t feel “entitled” to it: I’m not “really” disabled, I told myself—not like someone who uses a mobility aid, or who is blind or deaf.
Read 25 tweets

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