| Description | Still, much of Web3’s promise remains theoretical. When it comes to NFTs, some proponents argue that it will transform not only the way art is bought and sold, but also what art and artists we value and how artists are paid. “NFTs create opportunities for new business models that didn’t exist before,” James Bowden and Edward Thomas Jones write in The Conversation. “Artists can attach stipulations to an NFT that ensures they get some of the proceeds every time it gets resold, meaning they benefit if their work increases in value.” |
|---|
