24/08/2022 Nearly Half of Americans Have Heard of NFTs

Nearly Half of Americans Have Heard of NFTs

Non-fungible tokens exploded in popularity last year, with plenty of famous celebrities using their following in order to promote the new crypto craze.

Their promotional efforts didn’t go in vain. According to anew surveypublished by Washington, D.C.-based think tank Pew Research Center, 49% of Americans have heard of NFTs despite that this crypto sector was very niche just a few years ago.

However, American investors do not want to actually buy NFTs. Only 2% of them actually decided to buy digital art, which shows that NFTs are yet to become truly mainstream.

Nearly half of Americans are dissatisfied with their investment

The Pew Research poll shows that 46% of those Americans who have dabbled into crypto are dissatisfied with their investment.

Only 16% of investors say that their cryptocurrencies have performed better than expected.

Nearly a third of Americancryptoinvestors say that their returns are “about the same as expected.”

A whopping 88% of Americans are familiar with cryptocurrencies. At the same time, only 16% have so far invested in them.

The vast majority of investors cite the prospects of making money as the main reason why they decided to dip their toes in digital assets.

Unsurprisingly, men ages 18 to 29 are the most crypto-friendly demographic, with 42% of them trying their luck in crypto.

Only 7% of those who are older than 50 have invested in cryptocurrencies, according to the survey.

Notably, the level of adoption is higher among Asian, Hispanic, and Black Americans compared to White Americans.

Arts

https://u.today/nearly-half-of-americans-have-heard-of-nfts

Interesting NFTs
Genesis
José Delbo sent me his striking pencil sketch and powerful inked work, which I then interpreted in oil on canvas. I wanted to create a very painterly piece with obvious brush marks etc, but I was also aiming for a nostalgic feel, a kind of 1980’s superhero comic book look, the kind I grew up with. My goal with this animation was to try to recreate, in part, the creative process that both artists went through with the visual information I had. I was able to showcase my painting process more accurately as I could take photographs of my progress throughout. Consecutive images could then be layered like brush strokes over José’s drawing to create the impression that this was one continuous artwork from pencil, to ink, to completed painting. The representation of the line sketch at the beginning, then pencil/ink and lastly the paint layers being applied demonstrate both artists’ struggle for the right lines, tone, form, and colour until the work is finally completed. As the oil was still wet with each photograph the glare of my studio lights can be seen in the brush strokes. Eventually, the figure emerges and as it does, our hero comes to life, looking directly at the viewer -- but is he grimacing in approval or disgust? We will never know for sure as just before he can say anything, white paint is brushed across the canvas entirely and the process begins again. Only the bat is quick enough to escape.
CryptoKitties
Shalom! Kitty #430264 here. I'm here to enjoy staying woke and fighting the patriarchy. When I'm not tricking babies, I'm pole dancing! Will you be the peanut butter to my soy sauce?
taro
conceptual art. drawing and digitally processed
Poem by Sangi Hitoshi, from the series One Hundred Poems by One Hundred Poets, Explained by the Nurse
Katsushika Hokusai (1760-1849) Poem by Sangi Hitoshi, from the series One Hundred Poems by One Hundred Poets, Explained by the Nurse late 1830s - Japan
T(r)opical
Inspired by and for the 2018 North American Bitcoin conference in Miami, Florida. The palm tree that has a cracked open Bitcoin coconut suggests that by traveling you can enjoy this tropical digital fruit. The peacock nesting in the tree has spread its wings to flaunt other integrated crypto logos as well. The famous Miami skyline at the bottom incorporates the coins, as well as the code that is transforming the banking buildings that made it. The origin of that skyline is in the 80's cocaine craze, so it is all incorporated into the story of foundational transformation, linked to a global movement. The file size is suitable for an 8K TV. Mr. Moe Levin, the founder of the conference is a collector a physical print of the work. Explainer video: https://www.youtube.com/watch?v=2J0ZfPCJdxY&feature=emb_title Upload resolution 8000x4000 PX at 300DPI