Most creative areas are still dominated by white men, despite recent improvements. These gatekeepers prefer white men to artists. This has created a cycle of injustice that mainly affects women, minorities and other under-represented groups. 85% of American collectors are white and 87% are male, according to PLoS One.
Web3 technology supports individuals to break that loop and get away from centralized gatekeepers.
Open and included economic models
Artists can sell their work independently using non-fungible tokens (NFTs) and blockchain technology. Artists can release gatekeepers and communicate directly with their current fans while maintaining creative control and IP rights. Clever contracts enable creative people to earn extra income when their work is sold.
Nea Simone, founder of Melanated Studios and NFT Atlanta Con, described this copyright structure. “The ability of content creators to earn commissions and create unchangeable symbols completely changes the game,” she added.
Simone said the tools increase openness, leading to greater financial benefits for producers across demographics. “Blockchain technology and NFTs provide unparalleled potential for the creative,” she said. “They undermine the barriers of gatekeepers with universal transparency among all stakeholders.
NFTs eliminate the notion of the poor artist. A new era of creativity is beginning to pay off for artists of all origins. Farah Allen, founder of The Labz, told nft today: “Creativity has long been a valuable commodity, but revenue generation was limited by systemic chain organization. New financial technologies such as NFT and Blockchain allow creators a powerful new revenue model.
NFTs increase income balance and income generation opportunities. Simone says NFTs are already being used to transfer revenue to sub-representative groups. Many projects give companies that represent their identity and views income and income. “This approach to giving increases income distribution,” she said.
NFTs enable anyone to buy and sell art and antiques, democratically accessing wealth-rich property sectors. Even more…
NFT has been a stimulus for creative expression and education about different cultures and movements.
Despite the digital base, members of the NFT ecosystem really appreciate its sense of connection, especially for poor people. NFTs have provided a sense of community in times of isolation, civil unrest, and social injustice in recent years. They have empowered needy people and drawn attention to those who are being ignored.
NFTs have also offered mission collections that support all races, beliefs and genders. The world of women is popular. These are 10,000 powerful NFTs with women in them. It promotes diversity, participation and equal opportunities. Witherspoon’s Hello Sunshine has recently signed a contract with World of Women to expand into cinemas, television and educational events.
However, there is room for improvement. Glætan. But NFT has more to do.
White men rule Web3, despite more unfavorable voices. All parties must work together to make Web3 included. Simone says “there is a need for widespread dissemination, participation and education to achieve widespread adoption in historically disenfranchised and under-represented societies” for NFT and Web3.
Simone founded NFT Atlanta Con to fix this. She hopes the event will help bridge the gap and raise awareness of diversity, equality and participation (DEI). NFT Atlanta Con was established to initiate a much-needed discussion on how DEI is important for Web3 development. “We wanted to introduce diverse visionaries, entrepreneurs, small and medium-sized businesses, idea leaders and inventors,” said Simone. Instead of waiting for a party, we got together and sent an invitation. We are not here to be different; instead, we show DEI in Web3. “
The first NFT Atlanta Con combines blockchain engineers, gamers, artists, investors, companies and fans to enhance Web3’s recordings. The event is 24-26. May 2022. The first event will feature 50 world-class speakers. Seminars, challenges and comprehensive art setups can help creators reach a new audience.
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