CHANCES ARE YOU’VE heard the acronym NFT lately, especially if you’re an artist. NFTs are being heralded as the new frontier, creating a more “egalitarian art market” by cutting out the gallery and creating more digital platforms for art selling and buying. NFTs are making some artists lots of money, like Beeple who sold a single NFT for $69 million at a Christie’s auction. But NFTs have real drawbacks, too, and not only because they’re a mirror for bias we see offline.
If you’re interested in making an NFT, the easiest way is to select a platform like Foundation or OpenSea , and set up an account. From there, you will have to sign up for a cryptocurrency wallet , and voila! You can start uploading JPGs of your art to an NFT marketplace. Who knows? Maybe your hard drive is harboring the next big NFT thing.