SHOULD NFT-ART SALES BE CONSIDERED ART OR NFT SALES?
a group of editors on wikipedia, the free online encyclopedia, has voted against categorizing nonfungible tokens (NFT) as a form of art. it all started on the platform the past december. the wikipidia editors were questioning if sales that reached up to 60 million dollars — like pak’s $ 91 million collections and beeple $ 69 million NFT — should be on the list. following a public debate, five wikipedia editors have voted not to classify NFTs as art and just one was opposed.
‘wikipedia really can’t be in the business of deciding what counts as art or not, which is why putting NFTs, art or not, in their own list makes things a lot simpler. there’s a separate issue of artificial price inflation of NFTs, though that’s something that would need to be decided in the NFT list and not here,’ said a wikipedia editor on a talk.