Tag: artists

NFT Crash: Proof Capitalism Fails Artists (Again)

NFT Crash: Proof Capitalism Fails Artists (Again)

Remember when NFTs were going to free artists from the shackles of capitalism? Eliminate gallery gatekeepers and predatory art dealers. Let creators build those personal relationships to their audience and benefit financially from their hard work! The promise was intoxicating. A digital utopia where creativity prospered, and creators, at long...

NFTs' Fall: Proof the Free Market Fails Gen Z & Artists

NFTs' Fall: Proof the Free Market Fails Gen Z & Artists

I think of Sarah, a promising young filmmaker I had found at the local coffee shop. She envisioned a future where she would sell her digital creations as NFTs and finally break free from her dead-end retail job. She poured her heart and soul, as well as her meager savings,...

NFT Crash: Proof Capitalism Fails Artists, Not Just Crypto Bros

NFT Crash: Proof Capitalism Fails Artists, Not Just Crypto Bros

I’m fortunate to have a good friend in artist Anya, who has spent years immersed in this world. She poured her heart and soul as well as a good chunk of her savings into a series of digital paintings. Unfortunately, Anya, like many of us, drank the Kool-Aid. She saw...

NFT Crash: Proof Capitalism Fails Artists, Or Just A Blip?

NFT Crash: Proof Capitalism Fails Artists, Or Just A Blip?

So, the NFT market is wobbling. With sales down across the board, buyers and sellers alike fleeing the market and the whole enterprise kind of feeling like it’s…a little too inflated. Instead, we’re getting headlines about a 4.38% decline in sales volume, a close to 78% plunge in buyers. If...

OpenSea's SEC Plea: Protecting Artists or Enabling Crypto Billionaires?

OpenSea's SEC Plea: Protecting Artists or Enabling Crypto Billionaires?

The world of NFTs promised a revolution. An opportunity for artists to finally cut out the gatekeepers, go straight to collectors and make a living from their work. So the question is, are we delivering on that promise? Or is it just another golden cage that helps the already privileged...