NFT, A Crypto Asset That Suitable For Digital Artists

The importance of education regarding NFT assets and Blockchain technology to the public (Silicon Angle)

JAKARTA - The popularity of NFT (Non-Fungible Token) assets has skyrocketed. This is also a breath of fresh air for those who are involved in the world of art, especially artists who create digital works.

NFT itself is something new for Indonesia. However, in fact, many Indonesian artists have started to trade their digital works in various overseas forums, one of which is SuperRare.

Crypto assets in the country were legalized in 2019. However, NFT assets and blockchain technology are not yet known by the general public in Indonesia. In fact, this technology can facilitate safer transactions.

The main obstacle in realizing NFT assets in the country is to provide education about cryptocurrency and blockchain technology to a wider audience.

"The NFT and blockchain systems are definitely good, but what we can't control is the human error. There needs to be an education on why coins are valuable every time a new type of coin appears", said PO1Network Co-Founder, Wendi Marvin, as quoted from Zipmex, Wednesday, March 31.

Not long ago, the Indonesian government was studying blockchain technology and was still weighing various factors before finally deciding to decentralize data.

This information was disclosed by Ari Juliano as the Minister's Expert Staff for Bureaucratic Reform and Regulation at the Ministry of Tourism and Creative Economy as compiled from Zipmex.