As today’s digital world evolves fast, traditional art galleries and auctions are no longer the only places where artists can showcase and sell their work. The rise of NFTs-or Non-Fungible Tokens-has opened a whole new world in which up-and-coming NFT artists take their digital masterpieces and turn them into rewarding, often very lucrative ventures. Everyone from graphic designers to musicians with creative vision finds his place on the global platform and, sometimes, amasses life-altering money.
But what does it take for these rising NFT artists to stand out? How do these rising stars carve a niche in a rapidly booming market? Let’s get inspired with the stories of some of the trailblazers in the NFT space and find out how you can do the same.
The Beeple Effect: From $100 to $69 Million
It’s simply impossible to talk about NFTs and not mention Beeple, the renowned artist who burst into the international headlines when his NFT art Everydays: The First 5000 Days sold for the record $69.3 million via Christie’s. While this has been a milestone of his career, it did not happen overnight. Rather, Beeple is yet another example of an emerging NFT artist who has built upon this success over years of creating content, pushing it out onto social media, and building relationships with digital art enthusiasts.
What does the story of Beeple teach?
Commitment, originality, and deep knowledge of the NFT marketplace-that is what helps to thrive in it.
Why NFTs Are Changing the Art Market
So, why are rising NFT artists able to sell digital art for millions? It’s because of the nature of the NFTs themselves. Because each NFT represents a singular asset on a blockchain, the artwork is verifiably scarce. This scarcity mixed with growing demand for digital art has created an explosive marketplace where digital artists are selling their work for astronomical prices.
Also, NFTs grant the power to artists for receiving royalties from the future sales of the work in question, creating further value capture as the work appreciates in value. This new function has moved both established and up-and-coming NFT artists into the fold, as it creates ongoing financial security that traditional art markets cannot offer.
Pak: Redefining Digital Art with The Merge
Pak is another leading figure in the NFT space, known for pushing the boundaries of what digital art can be. Indeed, while Pak’s NFT The Merge sold for $91.8 million, what really sets him apart is his ability to interact with the NFT community through cryptic messages and interactive elements in his artwork. The experience transcends the visual; Pak has established himself as one of the most innovative up-and-coming NFT artists.
That is another highly relevant lesson: in the world of NFTs, it’s not just about beautiful art; rather, it’s about creating a connection with your audience, giving them something they can believe they have an emotional stake in.
How to Be an NFT Artist: A Step-by-Step Guide
Inspired by the success of these growing NFT artists? You may wonder how you can get into this world of NFTs. Here goes a simple guide to help along your journey:
Create Your Art: Whether you are an illustrator creating digital illustrations, an artist and musician with your single/album, or simply a graphic designer, the first step for one and all should always be creation-something that speaks to your signature style.
Choose the correct platform: popular platforms for creating and selling NFTs include OpenSea, Foundation, and Nifty Gateway. Research each to determine which may be a great fit for your work.
Mint Your NFT: It means minting your artwork on the platform into an NFT. It makes your art verifiably unique and ready to sell.
Showcase Your Work: Get your artwork noticed on social media and the NFT communities. Interact with potential buyers and collectors so that you start building a following.
Sell Your NFT: This simply means you can either decide on a price or you can auction your NFT. An important thing to note here is that it’s tough competition in the NFT market, so there needs to be an effective promotion of your work.
This is what gives any person the opportunity to join the ranks of rising NFT artists and a whole new, exciting marketplace.
Final Thoughts: The Future is Digital
NFTs are part of the digital revolution that’s way beyond a trend-the rise and growth of emerging NFT artists all around who push beyond the boundaries and define what it is to be an artist in the 21st century. Whether you’re an artist looking to diversify your streams of income or you’re just interested in this new frontier, the possibilities are endless.
Start small, go out there, and mingle with the community-who knows? You might just be the next sensation to hit the headlines, selling some digital masterpiece.