# Problems
## Centralizing or Decentralizing The NFT industry is faced with several pressing issues, including centralization in artist selection and excessive decentralization in minting availability. \ \ In centralized NFT platforms, artist selection is often determined by a small group of individuals or organizations, which leads to a homogeneous and narrow representation of the art world. This stifles opportunities for new and emerging artists and restricts diversity within the NFT ecosystem. \ \ On the other hand, excessive decentralization in minting availability results in an overabundance of low-quality NFTs, which dilutes the value of the entire ecosystem. This makes it challenging for artists and collectors to discover high-quality NFTs, hindering the overall growth and potential of the NFT industry. \ \ Hence, there is a need for a more inclusive and transparent NFT platform that can serve the needs of both artists and collectors. ## Provenance and Authenticity One of the biggest issues in the art world is determining the provenance and authenticity of artworks. \ \ Forgeries and counterfeits are common, leading to disputes and mistrust among artists, collectors, and galleries. \ \ NFT curation platforms can help address this issue by utilizing blockchain technology to create an immutable, tamper-proof record of an artwork's history, ensuring that the provenance and authenticity of the piece are easily verifiable. ## Copyright and Ownership In the digital art space, artists often struggle to protect their intellectual property rights and maintain control over their work. \ \ Digital artworks can be easily replicated and distributed without the artist's consent, resulting in lost revenue and diminished control over their creations. \ \ NFTs provide a solution by tokenizing digital art, allowing artists to establish clear ownership rights and protect their intellectual property. ## Limited Access and Centralization The traditional art market is often characterized by exclusivity, with only a select group of artists, collectors, and galleries participating in high-value transactions. \ \ This centralization can limit opportunities for emerging artists and make it challenging for new collectors to enter the market. \ \ NFT curation platforms can democratize the art world by providing a more accessible and inclusive marketplace, where artists can showcase their work and collectors can discover and invest in a diverse range of creative pieces. ## Illiquidity and Valuation Artworks are typically considered illiquid assets, as they can be challenging to sell and have their value accurately assessed. \ \ This illiquidity can create barriers for both artists and collectors, who may struggle to monetize their assets or determine a fair market value. \ \ NFT curation platforms can introduce greater liquidity to the art market by facilitating a more efficient and transparent marketplace for buying, selling, and trading tokenized artworks. ## Lack of Royalities and Resale Rights Artists often do not receive any royalties or financial benefits when their works are resold on the secondary market. \ \ This can be particularly frustrating for artists whose works appreciate in value over time, as they do not share in the financial rewards of their creations. \ \ NFT curation platforms can help address this issue by enabling smart contracts that automatically distribute royalties to artists whenever their works are resold.