NFTs(Non-Fungible Tokens) - Deepstash
Confused About NFTs?

Learn more about crypto with this collection

How to create and sell NFTs

The future of NFTs

The benefits and drawbacks of NFTs

Confused About NFTs?

Discover 36 similar ideas in

It takes just

6 mins to read

NFTs(Non-Fungible Tokens)

NFTs(Non-Fungible Tokens)

NFTs are a blockchain-based method for minting digital files of original artwork that is revolutionizing the art world.

With this new technology, artists can reach new audiences with their work, gain the ability to directly transact with collectors, be able to earn royalties on future sales, provide verifiable provenance to their buyers, and enjoy many more practical and creative benefits.

In January 2022, there were over one million NFTs sold totaling over $2 billion, with over 500,000 unique buyers.

3

21 reads

MORE IDEAS ON THIS

More Partnerships

More Partnerships

Artists don’t want to go at it alone. Many said they would be more willing to enter the space and create an NFT if they could partner with another artist, gallery, or platform to not only show them how to get started but who could help market and reach the right collectors. This speaks to the num...

3

8 reads

Pricing Guidance

Pricing Guidance

Artists who had already created NFTs told us their biggest challenge was learning how to accurately price their work. Artists who are reluctant to join the space say the same. Pricing a work shouldn’t be arbitrary and needs to factor in medium, collector demand, the artist’s reputation, how much ...

3

8 reads

Three Changes That Would Increase Adoption: Education

Three Changes That Would Increase Adoption: Education

Much of the hesitation around wading into the NFT space has to do with uncertainty and confusion: artists don't know how the technology works, how to find buyers, or how to keep their assets secure. What could change - is greater access to educational resources. This can be done by seeking out ot...

3

12 reads

Top Five Barriers to Creating NFTs

Top Five Barriers to Creating NFTs

When talking to artists who hadn’t yet entered the NFT space, many identified the same barriers to entry.

  • They don't understand how to find buyers for their NFT.
  • They have environmental concerns.
  • They believe that NFTs are a trend.
  • They don't understand how it w...

3

13 reads

CURATED FROM

CURATED BY

adeebschultz

Beer maven. Subtly charming personal development

Read & Learn

20x Faster

without
deepstash

with
deepstash

with

deepstash

Access to 200,000+ ideas

Access to the mobile app

Unlimited idea saving & library

Unlimited history

Unlimited listening to ideas

Downloading & offline access

Personalized recommendations

Supercharge your mind with one idea per day

Enter your email and spend 1 minute every day to learn something new.

Email

I agree to receive email updates