These millennial creators are making 6 figures selling NFTs: 'It changed the trajectory of my career and my life'

  • 📰 CNBC
  • ⏱ Reading Time:
  • 47 sec. here
  • 2 min. at publisher
  • 📊 Qulity Score:
  • News: 22%
  • Publisher: 72%

These millennial creators are making 6 figures selling NFTs: 'It changed the trajectory of my career and my life.' (via CNBCMakeIt)

United States Headlines News

United States Latest News, United States Headlines

"8 minutes 46 seconds - In Memoriam George Floyd" by Matt Kane, which he sold and donated all proceeds to Campaign Zero, a nonprofit organization focused on ending police violence."For the last seven years, I had basically gone through my life savings, building my custom software, embarking on this dream of becoming a digital artist," Kane says. "To make such a historic sale, there was confirmation that I wasn't crazy. It felt good.

"Because of my experience with brick and mortar galleries, I understood that royalties are a critical part," Kane says, as traditionally, artists do not benefit from the sometimes multimillion-dollar resales of their work. "Artists need to participate in their own success that they create. It's only fair."

Using smart contracts, Kane requires a royalty of at least 10% on secondary sales. So far this year, Kane has earned over $13,000 from royalty payments on secondary sales, he says.Sarah Zucker first learned about the potential for something like NFTs when the Ethereum blockchain launched in 2015.

Zucker remembers thinking, "wow, that's gonna make a big difference for me. I'm going to keep my eyes and ears open." In 2019, after noticing another artist using NFTs, Zucker, who makes psychedelic, VHS and analog-style digital art, minted her first NFT on

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in US
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

MakeIt Am I the only one? Who thinks- the model lost her job and started as a makeup rep🙂

MakeIt Millennials are 41 years old! You people are horrible pushing this fake nonsense a select few can succeed at to finally make a decent living after years of pushing down wages

MakeIt Peace, stability in 42 years of rule ! Made by ISLAMIC_REPUBLIC IN IRAN ! HAMAS Hyena HEZBOLLAH No_to_Islamic_Republic

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Earn NFTs For Watching TV with the Upcoming Sator App (EXCLUSIVE)Sator has announced the development of a decentralized app that allows users to earn NFTs, tokens and other rewards for simply watching their favorite TV shows. It is set to launch late this summer…
Source: Variety - 🏆 108. / 63 Read more »

Sneaker Designer Mache to Launch First NFTs on Infinite by SukuThe designer is launching his recently released 'Badlands' Runner as an NFT as part of Infinite's first NFT launches.
Source: wwd - 🏆 24. / 68 Read more »

5 NFT Tips for Creators and Content CompaniesNew VIP+ Guest Column: Media is atwitter over the revenue ops of NFTs, but creators and content companies should take heed before diving in. JIHYO PERFORMANCE PROJECT JIHYO_PerformanceProject 트와이스 지효 JIHYO 지효 JYPETWICE
Source: Variety - 🏆 108. / 63 Read more »

New Hulu Documentary Zooms In On Young Transgender Athletes Across The U.S.'Changing the Game' follows three teens at all different stages of their personal lives. It's due out June 1.
Source: HuffPostWomen - 🏆 27. / 68 Read more »