The nonfungible token (NFT) art industry has developed into a “beautiful cycle” thanks to the connection artists have with their fans, according to artist Danielle Weber who spoke at the Australia Blockchain Week conference.
Weber spoke on a Wednesday panel titled “Pushing the boundaries of NFT utility and art — Homegrown spotlight,” discussing the benefits of the nonfungible token ecosystem bringing artists closer together with their fans. She highlighted the fact that such closeness provides mutual advantages for both artists and fans: