![]() But why aren’t there more non-white individuals in the top tier of the ecosystem? Why do Black artists and builders continue to account for a small percentage of “ top people in NFTs” lists? What can we all be doing to ensure that the voices of Black creators and other POC are better represented in the NFT space? There are many people of color (POC) creators and innovators in the community. While Web3 could be a solution to the major technical and censorial-based ailments established by centralization, the proliferation of injustice across social media has only continued - a thorn in the side of the digital era.ĭiversity does exist in the NFT space. ![]() “I realized that there weren’t any really high-profile NFT projects that were Black-led and were focusing exclusively on Black voices or Black art,” he said.īut it’s not just about lack of representation - we’ve seen racism, prejudice, and discrimination play out in the crypto space on a grand scale. Considering the crypto sphere gave birth to the NFT ecosystem, it’s easy to understand how this demographic has ultimately trickled over to our new blockchain-based creative economy.Īnthony Gibbs, founder of The Black Arts Project, noted these systemic issues with representation in the NFT community in a recent interview with It’s Nice That. As of 2022, upwards of 70 percent of the world’s cryptocurrency accounts are held by men, with 62 percent of that total being white men, according to a report from Morning Consult. ![]() It’s no secret that white men make up the majority of crypto communities - after all, the “crypto bro” stereotype has been around for years. ![]()
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