Exchange.Art is a unique marketplace that is creator-focused, unlike its buyer-focused competitors. Alex explains how they have launched a Royalties Standard, giving NFT creators a chance to profit from secondary sales, and a Provenance Feature that shows the entire history of an NFT to prevent fraud. The goal of Exchange.Art is to have a platform that supports creators and gives them the tools to make a living off their work.
Alex reveals that Exchange.Art has paid out $1.2 million in USD to creators in 2022, and grown to a community of 150,000 creators, with 7.3 million collectors and 22 million NFTs minted on the platform since launch. We also discuss NFTs as a form of investment and how they could outperform other asset classes amidst market turndowns.
Furthermore, Alex shares his predictions for web3 and NFTs in 2023 and how Exchange.Art plans to navigate the changes in the industry. Lastly, we learn about the conferences Exchange.Art will be speaking in 2023.
So, tune in to this exciting episode to learn more about Exchange.Art and its unique approach to the NFT marketplace.