Chances are good that you’ve heard of NFTs — but how are they relevant to the local art scene? To get the scoop, we chatted with five area artists about how they’re creating art + making a living through this unique digital currency.
First things first
Though it sounds funny, non-fungible just means something — like images, videos, or other types of digital visuals — that is unique or one of a kind. And in the digital world, this means its code is traceable on a digital ledger known as the Blockchain.
What local artists want folks know about NFTs
There’s a lot to love. Photographer + digital artist Ivana Desancic says one of the best things about NFTs is that “unless you agree differently with your collectors, you will always keep making profits from your NFTs after they sell, through secondary sales.”
Others, like fine art sculptor Darcy Jones and Eric Rufa with SoulplayClay, adore them because they “offer a way of having art seen internationally without the overhead or need to truck my heavy sculptures to art fairs and galleries.”
Multidisciplinary artist Justin Noah Wells appreciates the unexpected stability NFTs have brought working artists. “Many artists have been able to focus on their art full time thanks to funds generated by the community,” he says.
Illustrator + designer Zachary Gladwin says NFTs are more than a “tech bro” interest: “The NFT space is filled with a variety of creative people building communities and causing real world change.”
How NFTs have changed the game
Ivana and Justin say NFTs have made them stronger artists by requiring them to gain new skills. Zachary now operates “almost exclusively on Twitter and Discord” and has “had more successful art sales in one month in NFTs than in two years in traditional markets.” For Darcy, digital art enables her to “tell stories with my art that I can’t tell in clay alone.”