I believe that the artwork should not be simple jpeg or gif files nontheless the effort put into the artwork,they should follow a specific encrypted file format for nft's.The blockchain technology provides us with a variety of tools and one use of it could be, some artwork if it's possiblle could be staked in order the buyer get something in return for his investment.Because one person buying a 70 million dollar worth jpeg and that's it,sounds weird.
Posted Using LeoFinance Beta
The ones paying $70 million for Beeple's digital artwork haven't actually paid for a JPEG but rather for 15 years of work and dedication. Not any jpeg could earn that much.
Posted Using LeoFinance Beta
I agree with the aspect that these people are buying someones effort which is put into a artwork,but if there was a connection with real world for example it would be more interactive between they buyer and the art.For example physical art which through qr codes exist on blockchain,like buying cryptocurrency from a crypto atm.
Posted Using LeoFinance Beta