NFTs a Wake-Up Call for the Creator Economy, Says Verisart's Norton

NFTs a Wake-Up Call for the Creator Economy, Says Verisart's Norton

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Interactive Video

Business

University

Hard

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The transcript discusses the booming NFT market, highlighting factors like crypto prices and institutional interest. It covers a recent auction that sold an NFT for $69 million, sparking industry-wide shock. The conversation explores the potential of blockchain technology in certifying digital assets and the growing comfort of collectors with digital art. Concerns about market manipulation and the role of crypto in the art market are addressed, alongside the challenges of fake attribution in digital marketplaces.

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3 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What challenges do artists face regarding fake attribution in the digital art market?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

In what ways has the market for digital art changed over the past few years?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

How do smart contracts play a role in the purchasing of NFTs?

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