Article: ‘A Crazy Success Story’: Trevor Jones’ NFT Gamble Pays Off

Crypto, Digital Content, Money

‘A Crazy Success Story’: Trevor Jones’ NFT Gamble Pays Off

Jones, 51, didn’t go to college until his thirties and worked three to four jobs after graduating to support his painting career. Today, he still leads a relatively quiet life with his wife outside Edinburgh, Scotland. To him, his journey in the NFT art world has been “a crazy success story.”

“It started with being depressed at 30 and deciding to do an art degree,” he says, “to [becoming] an overnight sensation.” His rise is emblematic of the transformative effect the recent NFT boom has had on artists’ lives. Far from an abstract internet phenomenon, NFTs are responsible for some becoming millionaires – in the exclusive art world no less, where it’s not easy to get rich.

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Article: They were ancient internet memes. Now NFTs are making them rich

Crypto, Money

They were ancient internet memes. Now NFTs are making them rich

Their faces were the backdrop of the 2010s. Now the likes of Scumbag Steve and Bad Luck Brian are cashing in with non-fungible tokens.

The smart contracts that underpin NFTs mean that, unlike traditional art auctions, the original creators can ensure they take a cut of any future sales too. Most of the OG meme NFTs are being auctioned via Foundation, which gives a standard ten per cent share of any future sales to the person who minted the original NFT.

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