MetaCreats NFT #8 Diversity and Inclusivity: Empowering Marginalized Artists in the NFT Ecosystem

Championing Diversity and Inclusivity in the NFT Ecosystem: Empowering Underrepresented Artists and Art Forms

Daniel Alegre, CEO of Yuga Labs

The art world is in constant flux, and emerging technologies like non-fungible tokens (NFTs) offer groundbreaking ways for creators to monetize their work. However, the prevailing NFT landscape mainly showcases Western, Euro-, and American-centric art, often overshadowing the diversity of cultures and art forms.

Boosting Underrepresented Voices in the NFT Market

J.D. Lasica, CEO of Amberfi, an NFT marketplace catering to creators, underlines the importance of inclusivity and accessibility in major NFT marketplaces such as OpenSea and Blur. Millions of artists from six continents have yet to tap into the potential of the NFT movement. By endorsing a broader array of underrepresented artists and art forms, we can cultivate a more inclusive and equitable ecosystem for all creators.

Eliminating Obstacles and Celebrating Cultural Heritage in the NFT Space

In a recent discussion with Puerto Rican artist Gus Adolfo, who plans to launch his inaugural NFT collection, cultural heritage and historical injustices were explored. Gus contends that adopting NFTs can facilitate the celebration and sharing of his Caribbean culture globally, one collector at a time.

Advocating for Diversity and Inclusivity within the NFT Realm

To tackle historical power disparities and establish a more inclusive NFT ecosystem, we should urge NFT marketplaces to showcase diverse artists, prompt collectors and galleries to broaden their collections, and initiate educational and awareness campaigns centered on diversity and inclusivity.

The Impact of Individuals and Adoption of New Technologies

Gus highlights the significance of personal actions in fostering change. By adopting novel technologies like NFTs, we can dismantle barriers, construct bridges of understanding, and appreciate the diversity of our collective humanity. As we progress in an interconnected world, it is essential to respect diverse cultures and people.

A Light Worker's Voyage through the NFT Landscape

Gus conveys his perspective as a "light worker," expressing pride in his Caribbean and Puerto Rican heritage. He believes in pursuing self-enlightenment and utilizing NFTs as a medium to connect with others and share his culture. Through these personal connections and the embracement of new opportunities, we can develop a more inclusive and varied NFT ecosystem for artists worldwide.

Yuga Labs' New CEO Envisions Web3's Potential for Enhanced Inclusivity

As Yuga Labs' new CEO, Daniel Alegre foresees a future where Web3 can dissolve cultural boundaries and foster inclusivity within the NFT market. By acknowledging and supporting underrepresented artists, we can generate a more diverse and approachable environment for creators from all walks of life.

1、After leaving Ledger, former chief of staff aims to raise $25 million fund for NFT art.

Jean-Michel Pailhon, the former chief of staff to Ledger CEO Pascal Gauthier, is raising up to $25 million for an NFT art fund that will prioritize “culturally impactful” blockchain art.

The fund hopes to court primarily non-crypto native investors with a particular focus on institutions already holding physical art in their offices and looking to gain exposure to blockchain-based NFT artworks. the fund has $2-3 million in soft commitments from private bankers and family offices.

2、Doodle no longer an "NFT project"

Jordan Castro, founder of Doodles, said in the official Discord: We’re trying to go from a startup to a leading media franchise. We are no longer an "NFT project" The more time/money/resources we invest in following the latest “build in public” trends that fuel speculation, the less we have to achieve our long term vision. We are not going to spend any resources appeasing those with financial motivations. We never have and never will. If we are going to focus energy on any group of people, it will absolutely be our most loyal collectors.

3、Nuqtah raises seed funding from Animoca Brands and Polygon

Saudi NFT marketplace startup secures backing from leading Web3 companies

Nuqtah, Saudi Arabia’s first NFT marketplace platform, that it has raised a seed round of funding led by Animoca Brands with participation from Polygon and regional investors. The new funding will be used to scale up Nuqtah’s business over the next 12 months.


The views and opinions expressed by the author are for informational purposes only and do not constitute financial, investment, or other advice.






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