Explain the explosive potential of NFT in the creative world

The development of digital collectibles at this stage is very important, and various transactions are dazzling. Just last month, a digital artwork by Beeple sold for $6.6 million on Nifty Gateway, an online art marketplace. Meanwhile, Linkin Park's Mike Shinoda recently sold a clip of a song through the online marketplace Zora. On Dapper Labs' NBA Top Shot, more than 200,000 people recently waited hours for the chance to buy one of just 10,631 digital NBA moments.

NFTs can be art. NFTs can be music. NFTs can be collectibles, real estate, sports, fantasy football, games, internet ephemeral things, and just about anything that eludes the mind. We can't help but think: What triggered the wave of NFT? Where is the potential of NFTs in the creative world?

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“I like the way NFTs are explained, they are digital assets with true ownership and provenance,” collector Ronin told TechCrunch. "You can trace their origins, they can only be owned by one person.", a lot of people, myself included, have wondered at some point why anyone would pay for a video clip of Stephen Curry shooting a 3 and you It can be downloaded to your computer for free.

"Whether we like to admit it or not, humans are wired to want things," Ronin said. "I think owning things is part of the human experience. When you own something, it's a connection, like you have a reason for being, and there's something unique about ownership. I think at the end of the day, it's Yes, you can. You can watch whatever you want. But can you sell it?"

For example, a few weeks ago, a user paid $208,000 for a LeBron James slam dunk, according to CryptoSlam. Last month, Top Shot's market turnover was close to $50 million. Then, in a 24-hour period last week, Top Shot made more than $37 million in sales, according to Cryptoslam.

Ronin believes that there are two main reasons why the current NFT market is so hot: one is objective conditions. There is a unique port behind everyone’s computer, which is convenient and fast to use. For example, Top Shot makes it super easy for ordinary people like me to register , and you don't need an encrypted wallet. You can just use your credit card. Top Shot and Nifty are different from previous NFT platforms and do not require Ethereum wallets to move around. As Cooper Turley, Head of Crypto Strategy at Audius, wrote on TC: "This means that collectors need to buy ETH from an exchange like Coinbase and send it to a non-custodial address made up of a lot of numbers and letters to get started. .”

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But compared with Top Shot, NFT has a broader and more interesting field, and that is the NFT art world. Artist Ameer Carter (Ameer Carter), also known as Sirsu, introduced him to the world of NFT through the spread of friends last summer, and also made him realize the revolutionary nature of this technology.

creative immortality

But historically, the art world has not been friendly to blacks and people of color, the traditional art world is elitist, and even though Carter himself is a classically trained artist, he has tried and failed to fit into the art world .

What NFTs do is allow artists like Carter to create and share their art in a way that has never been possible before. Because this is a more open and accessible platform, and it is also a new environment for artists to create like this.

At the same time, Ameer Carter believes that by respecting the creativity of artists, on the one hand, artists can be inspired, and on the other hand, creativity can enrich our lives and provide us with reasons to live in it. "

Black artists like Connie Digital, Harrison First, etc., who were the first to build social tokens for fans on the blockchain.

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Archivist of NFTs

NFT archivists are not necessarily historians, but culturally speaking, archivists make sense even in a decentralized, accessible space for all.

Carter archived the work of black artists such as the Blacksneakers by building The Well. The Well will also provide Black artists a platform to mint NFTs in a safe, supportive, and not exploitative place.

The Well, which Carter plans to launch on June 14, aims to create an inclusive platform and ecosystem for NFT artists, collectors, and curators. Artists don't have to use Twitter to showcase their work. Instead, they will have the full support of the ecosystem to advance their work.

Everywhere else you see other artists, they have work, they have press coverage and stuff of that nature."(Black artists) don't have a lot of these competitive outlets, so Carter set out to build real equity, and art shouldn't just be for the rich. Mainly manifested in the following:

First of all, the platform will not limit the positioning of artists. We must be very cautious and work together to deal with the whole problem. However, we cannot agree to use wealth to control the order of this field. Secondly, NFT is not only regarded as a collectible and investable object. Everyone flocks to this market, and it cannot be ignored: it is closely related to the life and career development of artists here.

For those who have not yet joined NFTs, there is still time, Ronin said."He said,"He said,"I don't think you're going to get out of the early stages of development before we fully grasp the experience. I think we're still in beta. Compared with the current situation, people need enough time to complete the experience beyond VR, AR and XR.

NFTs are really exciting because the technology can change your life and the world. It is a space where we feel free to enter different dreams and then figure out how to make them come true. Can use AR, VR, mobile devices, the Internet, or use the Internet. By using all these aspects, and creating NFT experiences that transcend space, transcend time, and transcend our lives. So it's a super powerful technique.

For his part, Carter hopes his work at The Well will help set a precedent for inclusivity and accessibility in the NFT space. Notably, Mint Fund, to minimize the barriers to entry for artists looking to create their first NFTs. Depending on how busy the Ethereum network is, minting an NFT can cost anywhere from $50 to $250, and the Mint Fund will cover these fees for new artists, making their path into the world smoother.

Of course, we need to avoid the phenomenon that the rich are getting richer and the poor are getting poorer in this system, otherwise community-driven thinking in an incorrect way will not be able to redistribute wealth in the NFT economy.

Previously, the whole ecology of whether to mint NFT can be divided into two camps: one side thinks that minting NFT will cause very serious damage to the ecology, while the other side says that it is not the minter's fault, and you cannot blame them.

At the same time, Carter also assumes the cost of the entire process: To sell a piece of art that I cast, compare its energy consumption and the emissions generated by the sale, let's say 1,000 prints for $20."Now distribute these things to 1,000 different places, and then to 1,000 different homes.

Ultimately, Carter believes better use of renewable energy and more innovative hardware is needed. "The production that creates this innovative hardware must also come from renewable sources, just as the whole framework should be trying to be carbon negative," he said. To make carbon neutral to carbon negative as much as possible, whether it is on the casting side or on the mining side, the entire cycle needs to be consistent.

Reminder: This article was translated by Interstellar Vision and re-edited, please do not plagiarize.