Young NFT artists today are in a difficult position. They are people with a creative mindset and often a background in fine art. However, with the affirmation of the play to earn paradigm, there is no doubt that GameFi and NFT primarily attract people who want to earn.
Challenges facing modern NFT creators
Young artists face a number of barriers on their way to NFT success. Firstly, it’s hard getting through the door: NFT sales depend primarily on an artist’s fame, and most young artists are unknown to anyone. Investors do not want to invest in their paintings and platforms target individuals who are already successful because they’re more likely to generate profit.
Secondly, young artists do not always have the right skills or tools and they need advice from more experienced colleagues to move their work from their studio (whether analogue or digital) onto the blockchain.
Thirdly, the mechanics of selling NFTs and the search for investors are still in their infancy. Consequently, they can be unclear and confusing for beginner artists, distracting them from their main focus — digital creativity.
How does Young Artists DAO work?
These challenges are why d’Artflex wants to launch YD — Young Artists DAO — on our platform. The goal of YD is to support young artists and bring them together on a single platform where the Marketplace will invest in a bank of young NFT artists. The DAO itself will be implemented on the platform as a clan.
The work of these young artists, all members of the YD DAO, will be accumulated in the DAO repository in the form of NFTs. The artists will be able to participate in exhibitions, both virtually in metaclasses on the d’ArtFlex Marketplace and physically on digital banners and screens around the world.
The artists’ work will be sold in special Dutch auctions. The last participant in the auction buys the work of a young artist. However, the difference in price to the bidders will be compensated at the expense of the next bidder.
Investments
To attract more investment in NFTs, young artists will focus on the most avant-garde and contemporary topics, including blockchain, cryptocurrencies, futurism, humanism, and space. Each work related to these areas will be on a special account.
We’ve hooked up with popular bloggers to help us spread this innovative use of crypto around the world. Every blogger partnering with the Young DAO Foundation can choose artists to publicise and work with, and earn a cut of their NFT sales. The DAO’s goal for 2022 is to invest $20 million in young artists and their NFTs.
Community
We will also generate wide-ranging discussions about digital art with artists, bloggers, and art historians. We will discuss specific NFT weeks, months, and works on specific topics. In particular, we will give young artists a chance to discuss their creations with each other, with critics… and with haters. In this way, artists can share the underlying message of their work, increasing its attractiveness and popularity while bringing new young talent to the fore.
There will also be a focus on building a large community of NFT artists inside the DAO. A community of artists will be able to defend their interests and rights in cyberspace through our DAO, and emerging artists will be able to earn and communicate directly within the DAO, enabling them to create an effective training institute.
Outside users can also join the DAO and vote for the best NFTs, help spread the word, and get a share of sales or bonuses in the form of NFTs.
