In 2022, NFTs no longer revolve around the simple dualities of art and money. Although it’s true that artists and collectors continue to lead the space, both making and losing millions on a regular basis, the nonfungible ecosystem has changed.
Birthed as a niche internet microcosm, the NFT market has since become a multi-billion-dollar industry. And this market has grown far beyond the constraints of an “NFT” blanket term. Within this industry now lives a wide variety of subsections that continue to gain prominence as the months go by.
More recently, we’ve witnessed a diverse range of content creators and owners finding new avenues through which to monetize their intellectual property (IP) in ways we’ve never seen before. One multifaceted artist, Metasebia Yoseph, is providing a shining example of how Web2 content can be reinvigorated as a dynamic Web3 endeavor by rewriting the history of her book, A Culture of Coffee, on the blockchain.