Thanks for the input!
I am not on any side - I am on the fence because I could not find good evidence for or against and I generally don't get into something just because it's trendy. My original plan was to wait until ETH 2.0 rolled out, but with all the new non PoW platforms (NFTs or other) I thought it would be worth poking into this again before 2022.
I still think the PoW vs PoS argument has some weight, beyond the energy consumption (as in gas fees) - so if I had a choice between an ETH main net platform and something that bridged over to Polygon to cut fees, I would still pick the latter.
In terms of the fine art market, I never said there is an issue with selling for less - the issue is being cut off the circle if one is not well known or an insider. I have seen a few smaller artist having success and that was encouraging, but it seemed to be the exception. Some incredibly talented folks I know ended up falling flat simply because they were out of the loop, which was a shame.
There is intrinsic value in things - the way I see it is like comparing a project that has real use cases (something like ETH that has a whole ecosystem and countless use cases) vs a hyped meme coin (SHIB?) that spikes when people suddenly buy en masse (but will also fall quickly once the frenzy fades). What I meant was, is there a way to create materials that have real use for the average art or NFT enthusiast or artist? Can this go beyond collecting? There are interesting cases for using NFTs, such as ticketing or community, governance and membership management.
What I am asking is, can this grow into something more tangible for the average user now that the frenzy has subsided?
Well again I can only give my opinion on this, but based on my understanding of this tech I think what we have now is akin to the internet in the early 90's in terms of what stage we're in. The use cases of NFTs go FAR beyond art, just like the use cases for blockchain go far beyond tokens and money.
Personally I think NFTs will be one of the innovation branches from blockchain that will totally change the world. I know that sounds a bit hype'y and hyperbolic, but I don't know how to say it with less emphasis than what I really think.
Lastly, as others have alluded to, if you don't want to fuss around w gas fees or if you're really not down w PoW chains, you're in the right place because Hive not only has NFTs, but as you already see you can earn here just for the posting. 😊
yep just got whitelisted the other day for the "local" platform :) lovely support team here
I saw there is an option for commercial licensing, maybe that could be a start for more utility based mints