It’s A Man’s Market: NFT Female Artists Made 5% Of Sales In 21 Months

ArtTactic, the research firm, published a report where they found out that female NFT artists only made 5% of all Nifty Gateway’s NFT sales during the past 21 months. The NFT space generated a trading volume of over $10.67 billion in 3Q 2021 alone, and with such a remarkable growth ArtTactic’s report set off many alarms. Anders Petterson, the founder of ArtTactic, started the report by saying: “Before we throw ourselves into the metaverse, it might be a good idea to stop and ask ourselves what we want this digital universe to look like, before we repeat our mistakes from the past.” Grimes is the only female artist to make it to the top-10 NFT sales list with $8.9 million in sales. The next one ranked below the top-10 is Jo-Ani Charland in 50th place with a total of $1.6 million in sales. Many have talked about the potential for diversity in the NFT ecosystem and the technology itself indeed opens horizons for many, but can the individuals that manage it do the same? As this generation is more amicable than any has ever been to women in power, men still control the majority of the money, they control the markets: who buys the most, who sells the most. Related Reading | NFT Project To Donate 100% Of Income To Help Afghan Women Access Education Know The Artworld Market: What Will Be NFTs’ Take? The National Museum Of Women In Arts shares on its website many facts on gender inequity in the arts reported by differe...