Not so sure how you support the art scene by buying a digital piece of design that was the result of a randomisation of code -- okay, yes, now that I think of it that way, the code is art. But that's not really what they mean, is it?
The benefits for the (digital) art scene are pretty straightforward: Traditional artists -- i.e. the ones creating physical paintings, sculptures, etc -- usually make their living by selling their works, at least when they are successful enough. This income venue was closed off to digital artists, since their works are, well, digital. So now NFTs come along and now digital artists can "sell" originals just like traditional artists do, including all the renown that comes with it. Keep in mind that digital artists were more or less second class citizens in the art world for lacking the ability to sell their works at high class auctions until NFTs came along.
What you get as a
buyer of an art NFT, however, is beyond me. I get paying money for original paintings. I also get paying money for digital goods or game cosmetics, to some extend. But I fail to see anything else but digital trading cards in the NFT art market. But maybe that's all it needs to be.
All the same, I do feel that NFTs are a legitimate use case. Once we're past the punks hype, some of that might become clearer.
Same here, but seeing how NFTs have been around for almost a decade and still never went beyond what is now a modern version of Rare Pepes I'm not so sure anymore.
At this point the main question is whether we're looking at baseball cards or beanie babies.
