Ryan Broderick quick note on this: smart contract royalties are not standardized, so collectors can avoid paying this cut by simply switching marketplaces when selling. If the contract only works within a walled marketplace, then it could done easier and better without using crypto.

I wrote an essay about the many problems with NFTs. Thanks to all the readers who gave feedback. Image credit: Bored Horses Stable Club, a website by Phil Braun. qotile.net/nft/

ART THEFT Same thing as a couple of days ago. I have NOT dropped an NFT collection. The account Evilbook is using stolen art. They have no permission to use any of my artworks. Don't buy. Pls report. Other accounts using stolen art: World of Moon God

This article is an excellent, clear explanation of why NFTs don’t actually work for basically anything (except separating people from money, I guess). wired.com/story/nfts-don…

Please do not purchase NFTS from this account. This person is selling my artwork without my permission. Do not be fooled@into buying these fake NFTs.

Today, for the first time, I encountered plagiarism and fraud in the NFT.😪 All arts from our 22Collab🧩 part 3 were stolen and put up for sale🤦🏻‍♀️ Don't close your eyes to this! Please send a complaint about the collection🙏 And always be vigilant! #nftart opensea.io/collection/22c…

All of the NFTs on @VikingofficiaI's page were plagiarized from Evgeny Polukhin's portfolio on Behance. These images, ironically, were created for a different "NFT-based gambling" project. But minting artwork as an NFT does not prevent it from being copied and resold, so here we are.

“I believe that ⁦NFT thefts⁩ had a huge impact on the conversation around NFTs. We proved they weren't working as intended.” You sure did. Thanks so much for all you did in raising awareness & piercing the hype around NFT’s. Y’all were trailblazers. mastodon.social/@docpop/109362…

Last year, I started an anonymous twitter account called NFT thefts to document the harm that NFTs are causing to artists and fans. I wrote a thread about why I started that account, and why I had to stop. mastodon.social/@docpop/109361…

A 🧵 for all you artists campaigning against unethical AI—keep it up. We are making progress. AI companies can no longer evade questions about the provenance of their data. Special shout out to Karla Ortiz Sarah Andersen & @Kelly_McKernan. 1/…

Today Andrew supported a charity project rug by @hopeexist1 someone supposedly battling cancer causing the project to mint out. “I’ll put my rep on the line to say this is for real amidst all the scams in our space” It turns out she stole the art and deactivated her account.

Neopets recently announced they are shutting down their Neopets Metaverse game. Add it to the list of NFT-rugpulls that launched with stolen art. Good riddance! x.com/NFTtheft/statu…

Ryan Broderick NFTs do not: *Prove provenance of art *Protect artists *Protect consumers *Guarantee royalties on secondary sales We've been saying this for years, but in case you missed the memo: theverge.com/2023/8/17/2383…