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Why nfts are bad for artists?

Answers (1)

Arsalan Afzal
Feb 21, 2022 07:01:27

There's a lot of discussion about non fungible tokens (NFTs) lately, and how they can be used to represent digital assets. But there's one group who is likely to be harmed by the rise of NFTs: artists. Here's why: 1. NFTs are not as easily traded as regular currency. This means that artists who create work using NFTs will have a harder time selling their work and getting paid for their efforts. 2. NFTs are not as liquid as regular currency. This means that it can be difficult to exchange NFTs for goods or services, which can limit an artist's ability to get the most value for their work.

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