In Twitter Space’s recently conducted by Huobi with Altcoin Buzz, NFT experts and enthusiasts expressed their views on how art could transform the NFT space and vice versa. “Blockchain truly revolutionizes the Art business,” said Shash Gupta, the CEO of Altcoin Buzz. Gupta believ...
- NFT experts and enthusiasts expressed their views on the NFT market and recent trends.
- “With the visual art side of things, blockchain truly revolutionizes the business, which has been archaic for years,” said Shash Gupta, the CEO of Altcoin Buzz.
- The NFT market has been in a slump with the floor price of major collections dropping over 60%.
In Twitter Space’s recently conducted by Huobi with Altcoin Buzz, NFT experts and enthusiasts expressed their views on how art could transform the NFT space and vice versa. “Blockchain truly revolutionizes the Art business,” said Shash Gupta, the CEO of Altcoin Buzz.
Gupta believes that Web2 transformed art-based industries in ways that were previously unimaginable. Musicians, he argues, got everything from Napter to Spotify, found new avenues to collaborate with other musicians, and fans got to buy tickets online. Writers and authors gained access to self-publishing and global distribution. And, theatre artists got YouTube and TikTok. All of these areas hugely benefitted from the internet. Visual art, he says, did not reap the same level of benefits.
For visual art, Gupta explains, even with Instagram, Devia…
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