Industry

What’s NFT doing in creative world?

20 February 2022
NFT
NFT stands for a blockchain-based non-tradable token, which stands for Non-Fungible Token. NFT, which has shaken the world of economy and art in recent times, takes us to the near future of the digital age. It offers us unique and inimitable units of digital assets. NFT creates opportunities for artists with this technology. This radical formation proved the existence of digital art to everyone on a global scale. With a market capitalization of over $250 million in 2020, NFT also creates opportunities for creatives.

Metaverse, NFT, blockchain… All these terms have reached a point where we hear more and more often in our lives. Of course, we are a part of these issues, which are difficult to follow, but very important for the future. How will these terms, which fall like a bombshell on the agenda of the creative world, affect us? After all, we’re talking about a world where Jack Dorsey’s first tweet was sold for $3 million. So, how do we recognize opportunities and how do we get involved in the future? First of all, it will be necessary to understand blockchain technology. 

Blockchain is a shared, immutable ledger for recording transactions, tracking assets, and building trust. This technology of the digital age introduced us to many new concepts. So we are essentially like unique and signed pieces verified with this blockchain with NFT.

Nowadays, everyone can have these works, which are specially produced. In fact, a huge open contemporary art center is forming. Thus, a new structure is formed in which digital artists can share their works without borders and finance themselves. It introduces artists to the world. It brings new financial dimensions to the art world.

NFT

 

Of course, all these developments also affected the approach of the creatives. He began to write “NFT Designer” in the biographies of many designers. There were some who changed their styles according to the purchased works. There were those who saw it as a failed bitcoin attempt because they did not understand the structure of NFT. There have been losers and winners in this business as well. So, where will the creatives be in this business? 

Payment methods are changing in the 21st century. Technology is advancing. A sense of ownership and privacy is becoming increasingly important. NFT is the result of all this. Yes, it’s a method. And it is also an opportunity for artists who have struggled to exhibit and sell their work. The internet is a limitless world. A place where you can deliver your work to countless people. With NFT, it is possible to overcome these difficulties and earn with digital art without borders. The important thing is where to look at these issues. Just like NFT, Metaverse is a new field. A door that offers countless opportunities, especially for creative people. But we should not misjudge them. So you can take one more step into the future.