Technology
This is the official technology community of Lemmy.ml for all news related to creation and use of technology, and to facilitate civil, meaningful discussion around it.
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If you are referring to scam artists, you are 100% right! Also, some actual artists might have got some money out of it, but I suspect the majority of dough that exchanged hands went to the former kind.
I'm sorry you dont have any technically inclined artists in your circle, but I first learned about NFTs from myartists friends.
Colored coins have been around for a very long time, and NFTs have been an income stream for artists long before the financial elite gave them a bad name.
History is important