Thanks for sharing, Thomas. You wrote "now most people around me understand why I buy JPEGs and don't just "right-click save" them.". Why is this? Why does putting those pictures in a virtual gallery give arguments for buying the instead of "right-click save" them? I see your hope that those NFTs might become worth more when the artists are getting more famous. But I can't make the relationship to the virtual gallery as a reason.
Hey Florian, thanks for your comment. I hope it's okay if I elaborate a bit. The benefits of NFTs can be versatile. NFTs can give access to a community, NFTs can give voting rights, NFTs can simply be collectibles or NFTs can be monetary investments. For people outside the NFT world, however, it is very abstract that, for example, that a cat picture gives a right to vote in a DAO. So I often pointed out what I thought were valuable NFT artworks on my smartphone (thinking that this artistic approach was the easiest to understand). Mostly, however, the understanding of why a digital artwork should now be worth real money was not there. Why? IMHO because many people have an idea of what art is. These are valuable pictures, nicely framed, hanging on a wall or in a museum (and not jpegs on a smartphone). Now, when I created my virtual gallery and showed the same JPEGs to the same people (some via VR) who previously had no understanding of this type of art, they could suddenly see the value of these NFTs. Original quote from a friend: "Now I get it". My thesis: the gallery, even if virtual, has created a context for showing this NFT art that people know, that is familiar to them: artwork on a wall (and not on a smartphone). And consequently, they could now better relate to NFTs, see their value and also understand why I collect them (which in my case is actually not mainly for financial reasons). Hope this explanation helps to better understand my thoughts. With many greetings, Thomas
Thanks for sharing, Thomas. You wrote "now most people around me understand why I buy JPEGs and don't just "right-click save" them.". Why is this? Why does putting those pictures in a virtual gallery give arguments for buying the instead of "right-click save" them? I see your hope that those NFTs might become worth more when the artists are getting more famous. But I can't make the relationship to the virtual gallery as a reason.
Hey Florian, thanks for your comment. I hope it's okay if I elaborate a bit. The benefits of NFTs can be versatile. NFTs can give access to a community, NFTs can give voting rights, NFTs can simply be collectibles or NFTs can be monetary investments. For people outside the NFT world, however, it is very abstract that, for example, that a cat picture gives a right to vote in a DAO. So I often pointed out what I thought were valuable NFT artworks on my smartphone (thinking that this artistic approach was the easiest to understand). Mostly, however, the understanding of why a digital artwork should now be worth real money was not there. Why? IMHO because many people have an idea of what art is. These are valuable pictures, nicely framed, hanging on a wall or in a museum (and not jpegs on a smartphone). Now, when I created my virtual gallery and showed the same JPEGs to the same people (some via VR) who previously had no understanding of this type of art, they could suddenly see the value of these NFTs. Original quote from a friend: "Now I get it". My thesis: the gallery, even if virtual, has created a context for showing this NFT art that people know, that is familiar to them: artwork on a wall (and not on a smartphone). And consequently, they could now better relate to NFTs, see their value and also understand why I collect them (which in my case is actually not mainly for financial reasons). Hope this explanation helps to better understand my thoughts. With many greetings, Thomas