Bringing context and critique to the cultural moment. Deep dives, reviews, and debate encouraged.
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© 2020 Relevant Protocols Inc.
Bringing context and critique to the cultural moment. Deep dives, reviews, and debate encouraged.
40704 Members
We'll be adding more communities soon!
© 2020 Relevant Protocols Inc.
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"It’s almost cliche to say NFTs have transformed provenance, but it’s true. Blockchain technology grants artworks a transparent record of origin, ownership, and sales history. It deters forgery. It streamlines valuation. And yet, perhaps more interesting than blockchain’s influence on artwork provenance is on-chain provenance’s influence on artwork value. Provenance has become a social experience in the Web3 space, with its newfound visibility not only recording simple transactions, but bestowing lore, necessitating interaction, and impacting long-term value."
"It’s almost cliche to say NFTs have transformed provenance, but it’s true. Blockchain technology grants artworks a transparent record of origin, ownership, and sales history. It deters forgery. It streamlines valuation. And yet, perhaps more interesting than blockchain’s influence on artwork provenance is on-chain provenance’s influence on artwork value. Provenance has become a social experience in the Web3 space, with its newfound visibility not only recording simple transactions, but bestowing lore, necessitating interaction, and impacting long-term value."
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