© 2020 Relevant Protocols Inc.
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Blockchain smart contracts can address the power imbalance where artists have long been expected to accept contracts, not produce them. The resistance to blockchain in some art circles may not be due to speculation (art is rife with speculation already), but the fear that blockchain would eliminate galleries, curators, dealers, and other intermediaries—yet that concern misunderstands the true value of those players in the first place.
Blockchain smart contracts can address the power imbalance where artists have long been expected to accept contracts, not produce them. The resistance to blockchain in some art circles may not be due to speculation (art is rife with speculation already), but the fear that blockchain would eliminate galleries, curators, dealers, and other intermediaries—yet that concern misunderstands the true value of those players in the first place.
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