- Many Nigerian creators are paving their way across the NFT space.
- Nigeria is the largest blockchain art space in Africa.
- Art expos in Nigeria spread eagerness and invite new NFT artists.
In recent times, many Nigerian artists are paving the way across the NFT space. Most Nigerian people have learned of NFTs from Prince Jacon Osinachi. He is credited as being the first artist in Nigeria to popularize NFTs.
He joined Rare Art Lab in 2018, and numerous Nigerian artists have drawn inspiration from his experience over time.
In March 2021, he sold $75,000 worth of art in 10 days, followed by an $80,000 sale for his piece, Becoming Sochukwuma. His achievements brought the NFT markets into the eyes of the Nigerian public.
Nigeria’s NFT scene is the biggest in Africa’s blockchain art ecosystem due to the size of its creator population.
Despite being in its early phases, it has achieved a great deal in a short period of time. Central figures like Jacon Osinachi made enormous sales of $25,400 for his piece The Red Man and Anthony Azewoh earned $83,200 for his work, The Future is Female.
In related news, the Nigerian central bank (CBN) released a press statement on February 5, 2021, ...
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