A Tobique First Nation (Neqotkuk), N.B., couple want more Indigenous artists to enter the world of non-fungible tokens (NFTs) as they say it’s an excellent way for artists to sell their digital products.
An NFT is a digital asset that cannot be replicated, and unlike cryptocurrencies like bitcoin, each NFT has a unique value.
Bronson Nicholas and Mandy Perley are developing an NFT coaching business and plan to offer a six-week course to teach Indigenous artists to package their own art, music and knowledge into NFTs.
“We really just want to bring our people with us and bring them with us into this new technology and allow them to make money on it,” said Perley, 24.
The Wolastoqey couple are still developing their business model. Part of their NFT package is an unique art piece, access to a music video NFT, a private community and a course teaching Indigenous artists to package their own NFTs.
Nicholas said Indigenous artists should use NFTs because the artist receives 10 per cent of each sale in perpetuity, as part of…