The market for non-fungible tokens, or NFTs, digital art is taking over the traditional art industry. In the first six months of 2021, analyst firm DappRadar reported $2.5 billion in NFT sales, a significant increase from $13.7 million in sales for the same period in 2020. Auction house Christie’s reported NFT sales of $93.2 million for the first half of the year. 2021. In addition to impressive sales, the NFT OpenSea Marketplace, which is reported to host 98% of all market transactions, recorded $4 billion in NFT trading volume in August.

While the rise of digital artwork based on blockchain has been notable, many of the artists responsible for creating the most sought-after NFTs today are men. For example, digital artist Mike Winkelman, better known as Beeple, wrote the NFT story after every day sale: The First 5,000 Days for $69 million at Christie’s. Platinum musician “Two Feet” and 18-year-old acclaimed visual artist FEWOCiOUS also made headlines after selling four collaborative works with NFT worth over $1 million. It was also significant that Argentine designer Andres Reisinger sold ten pieces of virtual furniture for nearly $70,000 at an online NFT auction.

Women seek to change cryptocurrency culture with NFT
Although the relationship between male and female NFT practitioners remains unclear, statistics show that there are far fewer women than men in the overall crypto sector. For example, a recent survey of cryptocurrency exchange Gemini found that only 26% of women own cryptocurrency. Although this is the case, the report also notes that more women have expressed a willingness to adopt cryptocurrencies in the near future than men.

As such, it is important to note that a number of female artists have begun creating NFT projects to show the increased participation of women, as well as aiming to attract more women into the crypto sector.

Lavinia Osborne, founder of the Women in Blockchain Talks community, told Cointelegraph that the NFT sector could be more gender-sensitive with a focus on creativity:

“Learning new words like DeFi, blockchain and cryptocurrency wallets, not to mention understanding these concepts, takes a lot of energy and time. The art is much more interesting. A lot of people may not understand what NFT is and how it works, but they know and can be creative.”
According to Osborne, artist, writer and activist Maliha Abedi told Cointelegra that her passion for digital media initially drew her to the world of NFT. Abedi explained that she has been fighting for women’s rights with her art since 2012, but after learning about NFT, she created a project called Women Rise.

According to Abedi, Women Rise is a unique group of 10,000 NFTs that includes activists, artists, researchers, programmers, and more. The mission of the project is to “see women rise to the blockchain”. Abidi added:

“I wanted to make sure that I started my journey in NFT by honoring real women around the world. This project is not only about ethnic diversity, but also about cultural diversity, religious diversity, diversity in the areas where women break glass surfaces. And also a continuation of the work that I have done over the past nine years.”

Image source: Women Rise
Abedi plans to officially launch the Women’s Rise Program at the end of November this year, around the same time that the UN campaigns for 16 Days of Activism against Gender-Based Violence on November 25. Art is a big part of this project. But it is also about activism and highlights the role of women in real life.”

Image source: Women Rise
Abedi also said she was satisfied with the project’s plan to return funds to a number of organizations she has worked with over the years. For example, she said 24% of the proceeds will be donated to schools in Afghanistan to support women’s education.

According to Obeidi, “Traditional artists are not limited to women, but also men and non-binary people. Here we must transcend roles. The NFT space is for anyone who wants to show their creativity.

It’s no surprise that many female artists want to enter the crypto world with a passion for women’s rights and digital media. Lisa Meyer, founder of NFT Boss Beauties, told Cointelegraph that the possibilities offered by the indispensable icons align with her goal of empowering women:

“Before launching the Boss Beauties, I started My Social Canvas. We’ve created a number of products designed for women that will go back to creators to fund education.

Source: CoinTelegraph