Fraud-filled crypto marketplace Cent stops trading its own NFTs

I’m just saying, there is a difference between NFTs that have nothing to do with the content creator and those that do (at least for a tiny sub-set of NFT buyers who aren’t just speculators). NFTs are still absolutely shit for that purpose, of course.

Not that t-shirts, mugs, bags and even prints were workable options for certain kinds of digital artists, and Patreons and Kickstarters demand particular kinds of outputs from artists (and don’t bring in the speculators and their money); there’s room for a new support mechanism for artists - it’s just that NFTs aren’t remotely it.

It’ll be interesting to see how this all shakes out - one impact already is that some big NFT collectors have apparently started looking at (and buying) physical art for the first time as a result.

Well, they have been generating NFTs that are being sold on NFT marketplaces (barely). It likely won’t last that long - and I suspect by the time most of the big publishers get into NFTs the failures will have piled up enough to almost immediately cool their ardor and those efforts won’t go anywhere either.

Rather, think “Team Fortress II” and “Counter-Strike: Global Offensive.” Extremely successful real-money game item marketplaces that have had enormous sums going through them. (And yeah, legal problems, too.) That’s what these publishers are hoping for, even if they’re not going to get it.

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