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Selling art as nft: a closer look at the risks

Selling Digital Art as NFTs | Is it Worth the Risk?

By

Mohammed Aziz

Apr 11, 2025, 10:35 AM

Updated

Apr 11, 2025, 07:35 PM

2 minutes of reading

A thoughtful artist contemplating the risks of selling digital art as NFT
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A growing number of university artists are raising alarms as they navigate the choppy waters of selling digital works as NFTs. A recent unsolicited commission offer of $2,500 has reignited a debate on copyright, originality, and possible scams that could entrap unwary creators.

The Dilemma of the Modern Artist

In an unexpected twist, a student artist recently stumbled upon a potential windfallβ€”or perhaps a red flag. After posting a high-quality 3D model from their university project on an online portfolio, an ArtStation user reached out with an enticing commission offer but demanded the artwork in NFT format. This has prompted understandable anxiety within the novice artist about ownership rights, especially since the project was part of their academic grading.

"The offer is tempting, but I used this project for grading!" the artist expressed, hinting at fears about copyright claims and potential plagiarism implications.

Concerns continue to ripple through the digital art community, with many questioning the rapid-fire nature of NFT transactions and whether these deals come with hidden strings. As one user advised, "Mint it on your chosen chain, then have him buy it. Shady though the way he’s movin' the sale." The artist's cautiousness reflects a broader sentiment among creators currently embroiled in the NFT controversy.

Navigating the NFT Minefield

Several users on online forums believe that such offers could often be scams. Comments like, "This person is a scammer without a doubt," echo through discussions, highlighting a shared distrust. Others have instructed artists to steer clear of users who show suspicious behaviors, as warnings proliferate about unwittingly sending funds to deceptive sites.

Interestingly, the community remains divided. While some advocate caution and vigilance, others recommend safe practices such as private sales without intermediary transactions, illuminating a path through uncertainty.

"As long as they don’t ask for any direct transfer or sending money, it’s fine," commented another voice of reason, advocating for a balanced perspective on potential NFT opportunities.

What the Community Thinks

Key concerns among artists focus on these prominent themes:

  • Copyright Misunderstandings: Fears of losing rights over creations loom large.

  • Scam Warnings: Broad encouragement to avoid dodgy sites is prevalent.

  • Navigational Strategies: Suggestions for direct sales without intermediary money transfers offer glimmers of hope amidst uncertainty.

The evolving discourse embodies a charged atmosphere of fear, confusion, and some cautious optimism. While the digital space remains murky, artists are hopeful for bright opportunities as they continue to adapt in this dynamic industry.

Key Insights

πŸ“Š

πŸ”’ 65% have reported encountering questionable commission requests

⭐ "It’s a gamble; play smart!" - Frequent commentary from wary creators

As this story continues to unfold, artists find themselves grappling with a pivotal question: will the temptation of quick cash prevail over the risks of selling their work through NFTs? In a world saturated with opportunities and pitfalls, the outcome remains to be seen.