Black Creators — It’s Not Too Late for NFTs
Jasmine Milum
You could say it’s the Beyonce of Tokens.
NFT stands for Non-fungible token. These assets are so unique they are irreplaceable and valued as such. Popularly distributed as digital art, NFTs are such a high quality of design it’s nearly impossible to duplicate the coins. Every single one is issued via blockchain and specifically created to not be copied. So no matter how many times you try command + c, you’ll never have the real thing until you receive the digital certificate of ownership.
The two most powerful people attached to any NFT are its creator and its current owner. That’s why people are paying Fine Art prices for the uber-exclusive digital art. We’re talking $69 Million prices. It’s easy for us to imagine the value Black artists can acquire when they play the NFT game too!
What can be sold as an NFT?
Technically anything that digital lovers desire. From art to videos, music, even tweets. This past March, a tweet from 15 years ago, the original tweet from Jack Dorsey was sold for over $2.9 Million! The “just setting up my Twitter,” post turned into millions that will be donated to Give Directly’s Africa Response as Bitcoin currency. Even our faves like Snoop Dogg, The Weeknd, and ‘Impossible’ icon Shontelle share their NFTs masterplans with their followers.
More than the Money.
Should talented Black artists, designers, painters, and creators of the like get in the NFT space too? With the protection, these tokens can bring to artists’ work, it’s hard to say no. It’s no secret that black creators are constantly and blatantly ripped off for their work. The authenticity that comes with being an NFT can protect the art we create and an impeccable value asset. That validity was the original purpose of the token, to protect artists. But as balance exists, so must chaos. If creators don’t make the move to get on the blockchain, others might do it for them. If this is a problem you run into, here’s some insight.
Get Inspired
If you’re on the fence, familiarize yourself by checking out art from Black creators in the NFT space! Here are some pieces of work that we love to see and you should get to know.
A Garden of His Own — Kendario La’Pierre (@kpierrephoto)
https://www.instagram.com/p/CNYLZLGrZo0/?utm_source=ig_web_copy_link
FAMA (@ig_fama)
https://www.instagram.com/p/CMP2-6KlR0r/?utm_source=ig_web_copy_link
Planting Seeds — Shaylin Wallace (@smwallday)
https://www.instagram.com/p/CLhr5w8nZiB/?utm_source=ig_web_copy_link
J.jokko (@j.jokko)
https://www.instagram.com/p/CLsE4kYF_2y/?utm_source=ig_web_copy_link