An open letter to Sahil Lavingia re: NFTs

Comments

I am against NFTs.

I am an investor in Gumroad, not because I expect my shares to ever be worth anything but because I love Gumroad’s mission. It’s probably the best place online for independent creators to sell both digital and physical goods. Every now and then I look to see what other merch-fulfillment options exist out there, and none of them are nearly as fair to creators as Gumroad. The next-best one is Etsy, which charges monthly per-item listing fees and is part of a bigger problem with long-tail economics in this day and age. I do not have an Etsy store, or any plans to open one. (Most of my physical merch I sell on Storenvy just because I’ve been too lazy to migrate it over to Gumroad. Storenvy is pretty awful too, although for different reasons than Etsy.)

Read more…