People buy those cats specifically because it is an NFT, either because there is some hype around NFTs in general or because they want to sell it for a higher price, which seems assinine. Download the interface IKittyMarketPlace'.sol (from the download section on the right).
Assignement Week 9 Day 4: Implement a backend Kitty Marketplace Contract. this is lower than the price range my aunt is selling her art and she is not a known artist by any stretch. Allow user to purchase cats from the marketplace Allow user to remove from sale any of his unsold cats (that are listed in the marketplace). But nobody is buying them off like crazy. Just look at the pieces he offers on his website, they go for 750$ to 3000$, take probably 100x as long to paint as those NFTs and feel inspired and not mass produced. Buy I assume less than 10% of the buyers knew the artist before they heard of the NFT drop or would have bought the same piece if they see it offered by a street artist for 25$.Īnd this is the baffling thing: the artist would never be able to sell those pieces for this price if they would just offer the analogue pieces on their website. If you genuinely like the art and think a couple of hundred bucks is fine even if you can never resell it then go for it. I don't expect it to resell, in the same way, I don't expect a couch I buy for my appartment to have resell value.
When I buy art, I buy a piece that looks good in my appartment or that has some personal connection to me. I see this argument all the time and I feel it's disingenious.
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