The NFT Space Needs to Do More to Uplift Black Artists

It’s no secret that white guys dominate crypto circles – after all, the “crypto bro” label has been around for a long time. According to Morning Consult, men will own up to 70% of the world’s cryptocurrency accounts by 2022, with white men accounting for 62% of that total. Given that the cryptosphere gave birth to the NFT ecosystem, it’s easy to see how this demography has eventually migrated to our new blockchain-based creative economy. In a recent interview with It’s Nice That, Anthony Gibbs, founder of The Black Arts Project, mentioned these systemic concerns with representation in the NFT community, 

   “I discovered there weren’t any really high-profile NFT projects that were driven by Black people and focused solely on Black people.” 

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