Where did NFTs Come From?
Revisiting the earliest blockchain art projects helps explain the connection between contemporaneous developments in finance, aesthetics, and technology.
In this episode of his video series “Bear Market Diaries,” Jeffrey Alan Scudder investigates the reasons why people reject NFTs, such as intellectual property theft, energy consumption, and the commodification of data. If NFTs are going to achieve mainstream adoption, Scudder explains, their proponents need to acknowledge these problems and offer solutions.