NFTs Challenge The Art Industry's Dominance By The Wealthy Elites
NFTs are tokens that hold unique digital identifiers like cryptocurrency and exist on a blockchain. They offer flashy features like allowing the artist to “sign’s name in the metadata, or code in royalties to be paid to the original artist every time the token is traded or sold. NFT marketplaces are exploding in worth, having grown to over two billion dollars in the first quarter of 2021, benefiting artists and collectors alike. Mainstream artists like Grimes and Colbert are joining the movement.
Acting Director of PR for SmartBlocks, and founder and owner of Panda PR & Marketing.
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