1 year ago
Grimes’ large stake connected non-fungible tokens (NFTs) successful 2021 turned retired to beryllium 1 of her largest sources of income.
In a caller interview with exertion mag Wired, the instrumentalist and shaper was asked if she made much wealth disconnected of NFTs than she has crossed her full euphony career. She responded with a elemental “yeah.”
During the hype rhythm of 2021, Grimes sold her “War Nymph” NFTs on level Nifty Gateway, earning astir $6 cardinal successful revenue. The postulation featured a bid of integer artworks acceptable to her music, arsenic good arsenic a one-of-one euphony video that sold for astir $400,000.
NFTs person taken a backseat successful popular culture, arsenic their trading measurement has fallen astir 50% since the opening of the year. However, Grimes told Wired that she’s hopeful they tin instrumentality to assistance artists gain profits connected their work.
“I’m bittersweet astir what happened to NFTs and crypto, due to the fact that it got polluted accelerated with radical trying to marque arsenic overmuch wealth arsenic possible,” Grimes told Wired. “But I bash privation to deliberation astir compensating artists, particularly integer artists. And I anticipation erstwhile the aggro niche dies down, we tin travel back.”
Beyond conscionable NFTs, Grimes is bullish connected Web3. In October 2021, Grimes, creator Lil Nas X and influencer Bella Poarch contributed videos to societal media level TikTok’s “Top Moments” NFT collection. In March 2022, she spoke astatine the Avalanche Summit explaining her plans to make a metaverse children’s book with enactment from Web3 artificial quality (AI) level OP3N and Avalanche’s $100 cardinal money to substance improvement connected the network.
She’s besides bullish connected AI generally, and invited fans to usage an AI mentation of her voice to marque caller music, offering a 50/50 divided connected immoderate royalties and was impressed by the work produced from the experiment.
Edited by Toby Leah Bochan.
English (US) 