Article: The NFT Craze Is Helping Nigerian Artists Go Global

Crypto, Money

The NFT Craze Is Helping Nigerian Artists Go Global

the trend has spread to Nigeria, where local financial institutions are banned from servicing crypto firms. This means Nigerians cannot convert digital assets to naira through traditional crypto exchanges. But that hasn’t wiped out crypto in Africa’s largest economy, thanks in part to its young and tech-savvy population. Users began switching to peer-to-peer platforms to avoid using banks and the use of crypto continues, as evidenced by how local artists like Oyewumi are embracing NFTs.

There are “a lot of great artists out of Africa, and Nigeria, who are focused on physical work, and I’m all for them getting a better understanding of the opportunities of NFTs,” Ugwu said.

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Article: NFTs will usher in a “creative and artistic renaissance” say designers

Crypto, Design

NFTs will usher in a “creative and artistic renaissance” say designers

Designers predict that NFTs will prompt an explosion of new works designed to make the most of digital technologies such as augmented and virtual reality.

Christodolou is experimenting with time-based programmable assets – digital images that evolve over time or react to its owner – as is Canadian lighting brand Bocci.

The company, which is currently selling DIY instructions for a candle as an NFT, is investigating how the technology can reflect the production process behind a product.

“Time-based programmable assets intrigue me because they might interweave into these processes and contribute to them,” Bocci founder Omer Arbel told Dezeen.

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