Assuming you are an artist that has been looking for a way to benefit from this fascinating world – NFTs space, then check out how a particular artist was able to make a fortune from the NFTs space than he can never imagine.
The artist said, he has been a multidisciplinary artist for over 20 years, and for the past seven years that he have worked as a motion designer in the advertising space.
During his many years of creating, he has had some success selling his physical work to collectors and doing group and solo exhibitions. His digital art was something he enjoyed doing, and aside from posting work on Vimeo or Giphy, it never really had a home or a way to monetize outside freelance work.
He said after two months of getting into NFTs, he has had some tremendous success in being able to sell his work to a wide variety of collectors, many of whom he also has been able to send his physical work to. I was also recently awarded by the APENFT Dream Fund in partnership with Sotheby’s, Christie’s, and LiveArt.io—for my NFT “Superposition Nostalgia.” He added!
He also highlighted some key terms you need to understand that are important to your Web3 crypto art journey. Check Out!
- Crypto – a math-based currency built on cryptographic principles.
- Blockchain – the underlying technology used to store and access data in a decentralized manner.
- Web3 – the concepts, ideas and applications being built on the blockchain. DAOs, NFTs, DeFi, etc.
NFTs, or non-fungible tokens, fall into the ever-evolving Web3 umbrella. It is a digital contract created on the blockchain assigned to an asset and that contract provides both provenance and proof of ownership for the creator and collector, along with a variety of other utilities such as in-perpetuity royalties for the artist. Trading cards on steroids and optimized for transparent efficiency and longevity of their lifespan as a collectible asset.
The artist said; he had been watching the NFT space for many years, primarily through web articles and Instagram. It was a good start, but the real on-the-ground cutting-edge action is on Twitter. As a multidisciplinary artist, he had a wealth of experience as a creator, both physically and digitally. He started initially creating a pfp project on Opensea, and soon he made his first sale: .5ETH (which was roughly $1,400 at the time). He was blown away.
He also added that he had met the collector in his Discord, where he explained his history in a very candid way and struck up a relationship with them.
The NFT community, like life, is all about relationships—and he had been able to make some amazing new friendships with creators and collectors that he haven’t experienced on other social platforms. In the short time (two months) he has been here, he has had some mind-blowing heartfelt conversations that have truly changed the course of his day, or have been inspired by listening in on the numerous Twitter Spaces where conversations are had by members of the community.
So far he has minted over 800 NFTs spread over 10 collections and different platforms (Foundation, Rarible, Opensea and Hic Et Nunc/Objkt). They range from photographs to digitally reimagined works of his oil paintings and drawings to digital assemblage and collage, digital illustration and animation.
As a creator and employee at an ad agency, it has given him an entirely new outlet for his digital works, an outlet that is supportive and monetized, something that really isn’t happening on Instagram or other platforms.
There have been breakthrough moments like the first time his work sold on the secondary market. He was paid royalties for a collector reselling his work that they bought. He excited said that he had never experienced that with his physical art and most appealing aspect is that everything on the blockchain is transparent, so he can see where the work travels from collector to collector, collection to collection. Revolutionary.
The artist have been extremely fortunate in being able to sell his work to some prominent collectors in the space, and have been blown away at the financial freedom that has been provided from creating and selling NFTs.
The fortunate artist then shared a tip to new creators wanting to jump in NFTs, that his biggest suggestion is a simple one:
Be authentic in your work and your online presence. It will attract the attention of the right collectors and fans. For me personally, he said; I am an artist for life, and the NFT experience is an extension of a lifelong practice. I don’t plan on going anywhere, but rather, continuing to learn and grow in this fascinating and fast-paced new world.