Non-fungible tokens are a new medium of artistic expression that gives artists the freedom and the ability to reach a diverse audience, Saudi Princess Reem Al Faisal has said.According to the Saudi Arabian princess, Reem Al Faisal, NFTs are a natural evolution of art that gives artists the freedom to reach different races, cultures and places. Al Faisal also asserts that NFTs have done what decentralized finance has done to finance — they have “decentralized art.
Remarking on the reaction to her own NFT launch, the Saudi princess said she is surprised that people still fail to see NFTs as a new way of exhibiting art. She said: Yet, in spite of their role in empowering artists, NFTs have been targeted by critics who insist the tokens are being used to launder money. A British security and defence think tank, Royal United Services Institute , appeared to be back the claims when itHowever, in her comments during an exclusive interview with Bitcoin.com News, an unfazed Al Faisal said she will continue to keep abreast with the changing trends.
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Source: WSJ - 🏆 98. / 63 Read more »