Danielle Weber
Content creators introducing a new paradigm with NFTs
Nonfungible tokens (NFT) have created an environment where artists can take control of their work and finances. Experts agree that artists and creators that tokenize their work and issue it as NFTs no longer have to deal with third-party intermediaries. Although galleries have traditionally done the leg work in attracting buyers, they are seeing their utility diminish as cheaper decentralized apps (DApps) make it easy for investors to connect directly with their favorite artists. This is creating a new paradigm in the creator economy driven by NFTs. As the creator economy has topped $100 billion with plenty of upsides, and NFT marketplaces OpenSea and LooksRare doing over $100 million in daily volume according to market tracker DappRadar, it makes a lot of sense for creators to figur...
How NFTs create a ‘beautiful cycle’ between artists and fans
The nonfungible token art industry has developed into a “beautiful cycle” thanks to the connection artists have with their fans according to artist Danielle Weber who spoke at the Australia Blockchain Week conference. Weber spoke on a March 23 panel discussion titled “Pushing the boundaries of NFT utility and art – Homegrown spotlight” about the benefits of the nonfungible token (NFT) ecosystem bringing artists closer together with their fans. She highlighted the fact that such closeness provides mutual advantages for both artists and fans: “It’s a beautiful cycle that we’re seeing in this space. We are closely connected to our fans… so we know what they want, and they motivate us to create work that is true to ourselves and true to our craft.” That connection with fans is appa...
