Instagram Is Looking To Create An NFT Platform But Is Overlooking Artists

Instagram is hosting a three-day virtual event called Creator Week from June 8-10th, as Variety first reported. What’s being marketed as a “professional development event series designed to help creators grow their followings and make more money” might have a deeper reasoning, as artist Sean Williams first brought to light on Twitter. From Evanston, Illinois, Williams is a full time artist who also runs WEIRDWILDWORLD, a black-owned, one-man-run streetwear/art brand. Williams first heard about the non-fungible token (NFT) space as early as September of last year. “My friend Victor (@Fewocious) sold a digital piece on SuperRare for like $1500 or so at the time, and I was blown away by the fact the his work was being valued in that way, so I decided to do my due diligence; I was already a little familiar with blockchain tech from the bubble in 2017, but crypto art made me finally decide to pull the trigger,” he said. “I read up on Ethereum, NFT’s and how to jump into crypto art with the help of one of Loopifyyy’s articles, and dove in head first.” “Haünted by a Taste of Freedom” by Sean Williams, which sold for 10 ETH on SuperRare. Sean Williams…
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