I am questioning some of the hype around NFTs. And I worry that something that is intended to help digital art is actually going to impede it. Given 100% of the emphasis in the NFT discussion is on blockchain-secured ownership and how secure it is, and 0% is on the work itself, with an NFT you have to believe that the value is in the blockchain signature, not in the asset itself. And that is like going to MoMA because you like buying the ticket — not because you like to see the art. Art is without utility and intrinsic…

Cosmin Ene

Founder & CEO @LaterPay. Previously: founded @Deluxe_Music & ex-VC.

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