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NFTs ≠ Art

NFTs ≠ Art

As I mentioned, a quick reminder that “NFT” does NOT solely equal a piece of digital art. It is a technology that provides scarcity to a digital asset. Scarcity delivers value – whether gold or non-tangible goods. Therefore, it makes many other activities possible beyond digital art possible such as music and events/ticketing. Through their increased application for these purposes will seem into the greater water supply of society and in 10 years we will not understand anything else. I want to speculate on this as it relates to art and artifact collections.