Non-Fungible Tokens are distinct cryptographic assets existing on a blockchain. They are very lucrative as they have an extraordinary value and cannot be copied. Non-Fungible Tokens typically symbolize ownership of real-world goods like artwork, music, and real estate. The industry is valued at $20 billion, and this value will only rise.
Non-Fungible Tokens, more usually referred to as NFTs, have become one of the most beneficial assets one can acquire in the Web3 world. The world of Non-Fungible Tokens is expanding by leaps and bounds, with pioneers emerging in the sector who are set to play a big part in determining its future.
These new prominent faces of the NFT industry are the inventors, the disruptors, and the visionaries driving this fascinating industry’s future. Here are some of the new leading faces of the NFT industry, taking the NFT space by storm.
The Leading Faces
Beeple –Beeple, or Mike Winkelmann, is among the most prominent NFT artists. His work involves a now-famous NFT montage, Everyday’s: the First 5000 Days, which managed to sell for a mind-boggling $69 million. The artwork took 13 years to develop and comprises 5,000 digital photographs, which took an entire year to make and upload.
His digital work encompasses anything from giant humorous flies whirling around a gladiatorial Mike Pence image — an insinuation to the 2020 U.S. vice presidential discussion — to a simple but breathtaking pixelated Mona Lisa. In an increasingly interconnected world, prominent NFT artists like Winkelmann excite, delight, annoy and interact with their audience, making contemporary and timeless works.
Justin Blau – As one of the few top NFT performers with solid music history, Justin Blau is a Vegas-based DJ and composer who’s popularly known as 3LAU (pronounced “Blau”). While his expertise is in finance, his skills as a performer are what’s attracting notice now and driving him into the realm of prominent NFT musicians. 3LAU derived his inspiration from Wu-Tang Clan’s Once Upon a Time in Shaolin, its seventh record, which was released and auctioned off to a single bidder. The CD was purportedly acquired for $2 million and could only be played personally — rather than publicly — until 2013.
3LAU put his perspective on the notion with the track “Waveform,” auctioning it as an NFT via Christie’s in partnership with OpenSea. 3LAU’s effect at the intersection between NFTs and the music business has arguably been most obvious during the opening of OMF, the very first blockchain-powered music festival.
Mad Dog Jones – Once labeled as “the most expensive living Canadian artist” after selling his debut NFT, Replicator, for an eye-popping $4.1 million, Mad Dog Jones has shot into the top 10 best-selling NFT artists worldwide. His style may best be defined as cyberpunk-meets-Japanese graphics, and it might well be the most unique in today’s NFT arena.
Replicator has the capacity to (as its title indicates) reproduce or create creative and new NFTs every 28 days.
Gary Vaynerchuk – Director and founder of VaynerX, Gary Vaynerchuk may well be better regarded as a visionary. “GaryVee,” as he’s known, typically detects trends in business and culture fast and helps forward-thinking people better appreciate the more significant implications and possible repercussions of new developments on markets and consumer behavior.
One of the most significant faces in the NFT business, Gary Vaynerchuk, has pushed NFTs to new and exciting areas and has undoubtedly earned his position on the list of best NFT artists.
Micah Johnson – Micah Johnson is a veteran Major League Baseball player, and now he’s one of the most prominent NFT artists and one of the top NFT artists on the list. His pivotal Aku: The Moon God is a sequence of digital photos of a little child in an astronaut cap and shoes. Since the debut of his artwork, Johnson has sold 1,534 pieces, averaging $2,244 per unit.
Johnson’s NFT work is unusual in that each title comes with a tangible equivalent in the shape of a sculpture. The Vault, his biggest known purchase, went for more than $996,800 and incorporated Aku. It’s now preserved in a temperature-controlled gallery at the Art Angels Gallery, where the NFT owner has individual access rights that may be purchased at any moment. Not merely one of the most prominent NFT creators but also one of the foremost community-minded, Johnson tries to give back with artworks encouraging contributions to educating youngsters in African-American communities.
The Bottom Line
As these famous faces of the NFT industry indicate, NFTs provide artists with new possibilities to interact, engage with their audience, and obtain a share in the crypto sector. While digital artwork is still an evolving art form, it provides new and exciting choices for many sorts of artists. We should keep an eye on digital art NFT places and prominent NFT creators to see what advancements emerge next in this vital and rapidly growing area.