Bestow Financial Empowerment with an NFT Marketplace for Artists

Not all day is a heyday for digital artists - some days they struggle in this professional avenue. Recently, a tweet from the digital artist went viral - picturizing the current status of financially-struggling digital artists. The same tweet emphasized the artist’s love for NFTs, which may be the way-out from the traditional & digital art spaces. 

The next day after tweeting that, the digital artist tweeted a link to his first-ever NFT artwork minted on Foundation. You know what? The artwork became an instant hit - amassing the highest bid at 20.90 ETH (while writing this article). Since then, the artist has posted some art NFTs, witnessing decent-to-good traction within the NFT ecosystem.

Why should I worry about this incident, you may wonder? Non-fungible Tokens (NFTs) can change lives - that’s what I meant to convey! If you’re interested in pursuing your business with NFTs, it would be to build an NFT marketplace for artists as soon as possible!

What Is An NFT Marketplace for Art/Artists?

A trading platform called NFT Art Marketplace will allow creators like artists to mint and sell their digital works of art as NFTs, which counterparties will purchase. The NFT owners will be able to profit in this way. With the installation of efficient monetization streams like transaction fees, listing fees, etc., proprietors can profit from it in the instance at hand. Artists (i.e., NFT owners) can profit from their work whether it is sold directly to a customer or through a bidding process.

Would It Proliferate Artists’ Works?

Of course, it will!

The NFT marketplace ecosystem is a billion-dollar industry. NFTs have been disregarded as a medium for art by many traditional art dealers and members of the mainstream media. And to some extent, this makes sense given that simpler PFP art endeavors were mostly responsible for the NFT explosion. But as a way to validate their work, digital artists are starting to use this medium more and more. Additionally, the number of collectors interested in NFT artwork is rising.

What Should I Do Now?

Since you’ve read this far - ask yourself this question: am I ready to ply my trade in the NFT space?