BEEPLE MADE MILLIONS. WHY CAN’T YOU?

Our contributors caution against artists rushing into NFTS – and offer an alternative

Natasˇa Ilincˇic´:

“I have always advocated very loudly for the right of artists to earn fair wages, stand up for themselves and protect their rights, and I will continue to do so. But NFTS in their present form are most definitely not a way for most artists to earn a stable income.” www.natasailincic.com

Alexandria Neonakis

“I think that student and beginning artists should pay attention to what’s going on and stay informed and make decisions for themselves. I’d caution them that all of the huge million-dollar success stories we’ve seen from this are very established people – most of them from a tight demographic of entertainment concept artists and art directors. I don’t think that I’ve personally seen either a single student or newer or non-established artist make a big chunk of money off these things.

So be cautious, read about it, make your choice, but I’d never tell students to hop on a fad and I certainly wouldn’t tell them to hop on one that’s seemingly as volatile and likely to lose them money as this one.”

www.alexneonakis.com

Catherine Graffam

“You’re better off learning proper ways to protect your work from theft than attempting to capitalise on it with an NFT. Make a print of a piece. You’ll make more money than an NFT with a handful of sales and people will be able to enjoy it in their homes!” www.catherinegraffam.com