How NFTs are Impacting Artists’ Lives: Enter Bullseum

NFTs (Non-Fungible Tokens) are brought to the world by the blockchain. They are similar to cryptocurrencies, but NFTs are different. Unlike cryptocurrencies, NFTs are unique tokens. They display ownership, source and history on a permanent, transparent, decentralized, secure and open-source database. NFTs are disrupting or on the verge of disrupting numerous fields. To name but a few: Art Collectibles Gaming Real Estate Music Of all these fields, without a double leading the innovation in this space from the beginning are artists themselves. Many of these have had life-changing stories. There is Trevor Jones, the Canadian painter living in Scotland who went from working four jobs to support his art career to selling his Bitcoin Angel for $3.2 million in February, which was at the time a record for the “most expensive open-edition NFT artwork”. There is Ben Mauro, the artist who went from struggling to make ends meet to becoming a millionaire. Another star example is that of Blake Jamieson. He’s a 36-year-old Brooklyn artist whose career exploded when he made over $46,000 in NFTs sales in just over six weeks. He placed his artwork on platforms like SuperRare and OpenSea. He has since partnered with current and former NFL superstars Dez Bryant and Terrell Owens on NFT projects and is continuing to grow his brand. NFTs make this possible because of the decentralized nature of the blockchain. The legacy art industry would require ...