When NFT (non-fungible token) sales surged in the spring of 2021, the art world held its breath for a digital culture shift.While many old-guard dealers, academics and critics rolled their eyes at the notion of strictly virtual art enterprises, business-minded artists everywhere rejoiced; NFTs would theoretically ensure secondary sales royalties, an opportunity for recurring, passive income that has historically evaded art makers in many jurisdictions.
#back #opportunity #conversation #communities #necessarily #flexibility #historically #documentation #collections #fungible-token
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