Journal Entry: Marcus Randall-08/29/2024-Lesson 10: NFT Development

Journal Entry

NFt’s will be very beneficial to reward artist with proper royalties and protect against piracy. It will also give them an option of putting something on table to negotiate terms themselves or through a digital contract that is permanent and binding. It will help to retain rights to material in case of resale or increase in value too. Knowing and using these vehicles to publish work, ideas, and/or art forms will keep prisoners returning home from getting cheated by a middle man or from being forced to work within a small circle from lack of potential clients, partners, agents, or managers who might be looking out for there own interest instead of producer of the product.

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