When discussing cryptocurrencies and blockchain technology, the word disruptive comes to mind. Blockchain disrupts, and this ties in with decentralization. After all, what could have more potential to cause positive disruption than a space with no central control, and democratization built in by default?
Right now, crypto can seem like a wild frontier. And that’s a good thing. It’s on the edges, before regulators move in, that innovators can build unhindered. It’s also where you can get burned, and where things don’t always make sense. Be careful, but not so careful that every opportunity passes you by.
NFTs: a Frontier on the Frontier
If crypto is a frontier, then NFTs have for a long time been on the edge of that frontier. A frontier on a frontier, if you like. That’s changed this year, though, as mainstream organizations started to take notice.
And for indie artists, the world of NFTs has a lot going for it. It’s a space in which to get attention on your work, achieve monetization, and set up a direct link between artist and audience.
Are there blatant cash grabs and unscrupulous operators? Sure. Are there incredibly talented creators getting their work out there relentlessly? Absolutely. And here’s the fun part: sometimes the really interesting things happen where different worlds overlap.
By the way, if you’re looking not just for the frontier’s frontier, but the frontier of the frontier’s frontier, then have a look at what’s happening around NFTs on Cardano, Solana, and Tezos.
Wealth and Creativity Transferred
Blockchain technology, through cryptocurrencies, NFTs, DAOs, DApps, and metaverses, is facilitating a monumental transfer. Wealth and creativity are the freshly democratized commodities, as old models of ownership are replaced by supportive, bootstrapped, alternative economies.
All investment/financial opinions expressed by NFTevening.com are not recommendations.
This article is educational material.
As always, make your own research prior to making any kind of investment.
