American disc-jockey Steve Aoki feels non-fungible tokens (NFTs) would have a far-reaching impact as the world moves closer to digitalization.
NFTs Leading To Cultural Shift
In a CNBC Tech session, legendary American musician Steve Aoki said that digital art is poised for a revamp given the rise in digital collectibles.
The two-time Grammy nominee believes the world is ready to go digital. And NFTs would play a pivotal role in this.
According to Aoki, many people will own digital wallets where they can store their digital assets.
From this, they can show off their valuables to others.
NFTs have taken the world by storm, given their unique ability to inscribe ownership into the blockchain.
Its non-fungibility feature makes it one of a kind, and many musicians, art creators, and athletes are seeing this as a means to tap into a fast-growing art marketplace.
However, critics say that this joyride may not last for long as NFTs are just pointless. But Aoki believes that NFTs would bring about a major cultural shift given its low-entry bar.
“Right now, we’re in a new renaissance. We’re so excited about this huge world that’s going to open up and be everywhere,” Aoki said. “Anyone can make it. You don’t need a big company to do it. You can do whatever you want with it.”
And with this mindset, Aoki says he will be releasing another NFT set called “Neon Future” on Tuesday.
Aoki claims the new collection is a one-of-a-kind hybrid art and music sync presentation with digital artist Maciej Kuciara’s 90s-era 2D anime art. Aoki said he had to compose five original tracks solely for the project.
Aoki sold his first NFT set, “Dream Catcher,” for a personal record of $4 million, and CEO of T-Mobile John Legere reportedly bought a part of the NFT collection for over $800k in March.
But the electronic music producer does not see this as the sole purpose of NFTs. To him, NFTs represent something much more as they would help digital artists express themselves and make something alongside.
NFTs Coming To Comics
Aoki has taken his NFT affair a step further and is now collaborating with Impact Theory Studios co-founder and CEO Tom Bilyeu.
The duo is working on a Neon Future sci-fi comic series. The series is a future-oriented narrative that zooms in on the conflicts between hybrid humans (those who enhance themselves with technology) and others who don’t.
According to Bilyeu, Aoki is driven and wants to use NFTs to achieve many things. He said he is quite excited about what they’ve been able to come up with.
Aoki is not the only one shaking the digital landscape in the last couple of months. Beeple, real name Mike Winklemann, is one of the most successful NFT artists in the blockchain-driven era. His Everyday: The First 5000 Days digital artwork sold for a record $69.3 million, making him one of the most valuable living artists in the world.
Winklemann has redefined the digital art world, and many companies and businesses are rapidly cashing in. The National Basketball Association is also a major player in the NFT space. Its online digital marketplace NBA Top Shot has so far closed sales in excess of $500 million through in-match game video footages.