ImagineFX

Early days of NFT

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Thank you for giving some coverage to NFTS that ignores the social media bashing. For a long time, the term ‘starving artists’ often comes to people’s minds, underminin­g art as a valid occupation that brings in good income. Since the new trend of NFT, artists are now being more valued for their skillset and are becoming more in demand, to a point where companies are now willing to hire artists remotely just to be able to deliver good-quality work as NFT collection­s. While people argue that NFT has no real value since there is no physical product being sold and bought, I’d like to shed light on the fact that people have been buying digital goods since a long time, such as videogame character skins, weapon loot boxes or even subscripti­on packages, which were all made by underpaid artists working for companies!

Just like cars were an environmen­tal hazard in their early phases, we see companies now producing eco-friendly automobile­s. NFTS are still a new-gen tech based on its first generation of use and bound to include loopholes, but we should not solely base its creation on the negative impacts only. Until then, we can contribute to developing NFTS to become a more secure way for artists to sell their work and become a more ecofriendl­y future option for currency. Dahlia, via email

Rob replies NFTS are very clearly a contentiou­s issue, as can be seen by the sheer volume of argument on social media especially. I can see both sides of the argument, and I totally understand some of the ecological concerns, but I believe it’s too early to condemn, or otherwise, the whole NFT system as good or bad.

By highlighti­ng some of the services out there for artists we aim to help our readers make the most of the community and industry. Hopefully as more artists take up NFTS as an outlet for their creativity, things will settle. Yes, there has been theft of art and that should not go unpunished, and systems need to be adjusted to lessen this, but that isn’t the fault of NFTS themselves, even if the newness of the technology has enabled it to some extent.

It seems clear to me that NFTS are here to stay in one form or another, so we will be keeping a close eye on it, reporting the good, the bad and the ugly.

 ?? ?? Last issue we ran a feature highlighti­ng some of the platforms where artists can market their own art.
Last issue we ran a feature highlighti­ng some of the platforms where artists can market their own art.
 ?? ?? NFTS have caused a stir but many artists (and unfortunat­ely some con-artists) are doing very well.
NFTS have caused a stir but many artists (and unfortunat­ely some con-artists) are doing very well.

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