Whether it’s fashion labels, viral videos, or musicians, the NFT market is huge right now, as brands look for new ways to monetize in a post-pandemic world. But not everyone benefits equally, according to a new study.
According to ArtStatic, women make up only 16% of the NFT art market, discovered through the results of primary and secondary market sales in the Nifty Gateway market over the past 21 months.
If you’ve been paying attention to the world of NFTs, it’s no surprise. Yes, the Metaverse as we know it, and as Meta founder Mark Zuckerberg explained, is meant to be an inclusive and diverse virtual environment where anyone can be successful. But if you look at some of the best NFT artists out there, you’ll see that diversity issues affect the entire ecosystem.
The top three NFT artists are Beeple, also known as Mike Winkleman, Mad Dog Jones, real name Michah Dowbak, and Pak. The only woman in the market‘s top 10 is Grimes, who has earned $ 8.9 million to date, a far cry from Beeple’s 50.8 million.
In total, male NFT artists account for 77% of all primary and secondary sales, for a whopping $ 258.3 million.
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