The Irrelevance of Web3’s Terms for Tom Sachs

02/26/2023 18:24 • Metaverse Matters • 126 views

It is reported that when it comes to the world of cryptocurrency, the famous sculpture artist Tom Sachs does not care about the overall label of Web3, including some terms, such as cryptocurrency or NFT. He is not very interested in these words and believes that they are toxic in many ways.

Artist Tom Sachs: Cryptocurrency terminology" Poisoned in many ways"

Analysis based on this information:

The world of cryptocurrency and NFTs (non-fungible tokens) has been expanding rapidly in recent years, attracting not only tech experts and investors but also artists and creators. However, not everyone is enthusiastic about these new developments, especially when it comes to the terminology used to describe them. One of these individuals is Tom Sachs, a famous and influential sculptor who has been creating innovative artworks for more than two decades.

According to reports, Sachs is not interested in the overall label of Web3, which encompasses the decentralized and blockchain-based technologies that underpin cryptocurrencies and NFTs. He is also dismissive of the terms themselves, such as cryptocurrency and NFT, which he considers toxic and distracting from the real value of the art and its creators. Instead, Sachs prefers to focus on the creative process and the tangible qualities of his sculptures, which he views as more meaningful and relevant than any digital token or blockchain-based ledger.

There are several reasons why Sachs may have this perspective on the world of Web3 and its related terms. For one thing, he may feel that the hype around cryptocurrencies and NFTs is obscuring the underlying issues and challenges facing artists and creators in the digital age. These issues include copyright infringement, fair compensation, and accessibility, which are not necessarily solved or improved by the use of blockchain or cryptocurrency-based systems. Sachs may also be skeptical of the speculative and volatile nature of cryptocurrencies and NFTs, which can make them unpredictable and risky investments.

Another factor that may play into Sachs’ attitude towards Web3 terms is his overall artistic philosophy and approach. As someone who is known for his handcrafted and labor-intensive sculptures, Sachs may be more invested in the physical and tactile qualities of art than in its digital or virtual dimensions. He may see the use of blockchain technology as a distraction from the hard work and skill required to create a sculpture, which cannot be replicated or captured in a digital token or a smart contract.

In conclusion, the news that Tom Sachs does not care about the terms used in the world of Web3, including cryptocurrency and NFT, reflects a complex and nuanced view of the relationship between art and technology. While some may see the use of blockchain and cryptocurrencies as an innovative and exciting development, others may view it as a distraction or a risk. Regardless of one’s position, it is clear that the world of art and creativity is undergoing significant changes and challenges in the digital age, and that artists like Sachs will continue to shape and influence these developments in their own ways.

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The Irrelevance of Web3’s Terms for Tom Sachs

Artist Tom Sachs: Cryptocurrency terminology" Poisoned in many ways"

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