My Art Shall Remain Fungible. You cannot own it! A must-read for all artists taking the NFT train.

At first, I was excited About NFTs and artists finally being able to live off their art only to realize that we were tricked into the same money-making industry exploiting all artists who want to show off their art at any cost.

A catchier title would have been about how an artist sold his JPEG image for 69 million dollars, although it’s not exactly true, but sorry to be a party pooper.

  1. Paying a gas fee for these servers is getting more and more expensive. Today, the cost for minting an image as an NFT is around 50–90 USD on the Eth blockchain. The gas fee varies depending on the cryptomarket, supply, and demand. Assuming you will sell your artwork for thousands, a hundred is nothing to worry about, which leads us to the third and most important point:
  2. The cryptoart market has become suddenly over-saturated and unless you are connected with art collectors interested in your art and on the same network maintaining your NFT art, you are spending a fortune on gas and registration fees for platforms to host your images. You can certainly mint for free but then again you are asking for hundreds of servers to keep track of your artwork on an overheating planet. For example, one of the NFT platforms called opensea, has spent the equivalent of half a million dollars on gas fees only last Saturday.
  3. The art market is full of marketers. We need more artists, artists that create for the pure pleasure of creating and making art for art’s sake!
My Art Shall Remain Fungi-ble! You can enjoy it and our planet for free! I’ll pass the NFTs (Non-Fungible-Tokens) train for now!

Traditional, Digital & AI Artist, Data Scientist, Creative Coder, Filmmaker, Hyperpolyglot, Cosmopolitan. Formerly @snips @fortia_s @UPMC @CNRS @paris_sorbonne.

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