this post was submitted on 27 Aug 2024
89 points (89.4% liked)

Technology

59534 readers
3195 users here now

This is a most excellent place for technology news and articles.

Our Rules

  1. Follow the lemmy.world rules.
  2. Only tech related content.
  3. Be excellent to each another!
  4. Mod approved content bots can post up to 10 articles per day.
  5. Threads asking for personal tech support may be deleted.
  6. Politics threads may be removed.
  7. No memes allowed as posts, OK to post as comments.
  8. Only approved bots from the list below, to ask if your bot can be added please contact us.
  9. Check for duplicates before posting, duplicates may be removed

Approved Bots

founded 1 year ago
MODERATORS
L3s@lemmy.world
L3s@fry.gs
L4s@fry.gs
L4s@lemmy.world
enu@lemmy.world
89
“Should art be regulated by the SEC?” NFT artists file lawsuit (arstechnica.com)
submitted 2 months ago by Xatolos@reddthat.com to c/technology@lemmy.world
50 comments fedilink hide all child comments
you are viewing a single comment's thread
view the rest of the comments
[–] RobotToaster@mander.xyz 0 points 2 months ago (1 children)

Except that the whole reason these “artists” made the “art” to begin with was to make an end-run around regulations.

That also applies to a lot of meatspace modern art.

[–] SnotFlickerman@lemmy.blahaj.zone 4 points 2 months ago* (last edited 2 months ago)

Yep, and that needs better regulation as well. Most of the "high-art" of the world is stupid shit literally used for money laundering, and NFTs just want a piece of that money-laundering pie.

Doesn't make either of them ethical things.

As someone else pointed out here in this thread, you can support an artist with a direct donation or by buying the art with cash. I personally feel like buying it through an NFT is an outright admission that you only buy art to make money off of it.