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Cryptocurrency News

Content creators introducing a new paradigm with NFTs

04/11/2022

Less than a minute

2022.04.11 09:26

Nonfungible tokens (NFT) have created an environment where artists can take control of their work and finances. Experts agree that artists and creators that tokenize their work and issue it as NFTs no longer have to deal with third-party intermediaries.

Although galleries have traditionally done the leg work in attracting buyers, they are seeing their utility diminish as cheaper decentralized apps (DApps) make it easy for investors to connect directly with their favorite artists. This is creating a new paradigm in the creator economy driven by NFTs.

Source

04/11/2022

Less than a minute