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Friday, December 3, 2021

Decentralizing Art Will Give A Big Boost To The Creator Economy

This post was originally published on Hackernoon

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For many years, artists and cultural centers face difficulties in claiming ownership of their products and their products are quickly reproduced and resold multiple times. The original authors do not even get a commission. This has lead to an increased need for social protection, better and more open access to relative markets, better exposure to artists, their products and, those in cultural centers.

In June 2017, CryptoPunks was released as one of the first non-fungible tokens (NFT) on the Ethereum blockchain, a project developed by the American studio Larva. As of now, there are 10 000 unique characters stored on the Euthereum blockchain with proof of ownership. This project inspired many online movements and more recently Crypto Waifus.

Crypto Waifu is an NFT collectible in Free TON powered by Artificial Intelligence. In March 19th, 2021, Crypto Waifu was launched with the StyleGAN2 generating 1024 unique anime Waifus.

This is an idea many blockchain enthusiasts hope to use and make their products unique and distribute to a wide range of customers. As it stands, there are numerous platforms currently available where you can mint, create, share, transform, buy and sell digital collectibles. Some of these platforms include mintable.app, OpenSea, Cargo, etc. Cultural centers and digital art creators can use these platforms not only to monetize their skills but also to protect their work.

Several platforms strive to promote decentralization, one of the most prominent with the best services for businesses, governments, users for various purposes in the Free TON. Free TON has put in place a Declaration of Decentralization, users and companies are largely encouraged to sign.

Free TON is a blockchain protocol developed by Dr. Nikolai Durov. The free TON developers believe in a free society, where information, speech, and software are in the hands of the community and their driving force is to promote equal opportunities, free trade, censorship resistance, and cooperation.

Other blockchains like Solana have a similar goal of scaling censorship resistance to support and increased order in transaction throughput, giving more flexibility to developers and users. It also leverages the power of proof of history to allow its network to scale at the rate of Moore’s Law. Bitcoin and Euthereum are also making a big difference at different levels.

To conclude, decentralized systems give more financial freedom and increased trust, provide equal opportunities to businesses, governments, companies, artists, and most of all security.

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