How are NFTs Successfully Driving Diversity and Inclusivity?

Fantico
4 min readJul 12, 2022

Despite the mammoth of technological progress and irrespective of the advocacy of equal rights, acceptance of diversity and inclusivity is not fully integrated. The NFT community has exponentially grown, and the market has surpassed $40 billion in 2021. The tremendous growth in the NFT has created equity, cultural diversity, and inclusivity advancement. NFT collections and projects have brought down the barriers and built an inclusive Web 3.0 space.

Creative space for Everyone

NFTs are a safe space for everyone as anyone can transform their talent into a digital asset. NFT marketplaces are inclusive for everyone. Creativity is the only catalyst that has helped artists or creators grow in the space. Many projects celebrate and promote diversity and weave an inclusive environment. A prominent example of gender inclusivity in the NFT space is the World of Women NFT project. It is a collection of over 10,000 pieces of artwork representing diverse and influential women. The community promotes diversity and inclusion in the Web 3.0 space.

NFTs are backed by blockchain technology and give creators the flexibility to sell their work independently. Smart contracts protect NFT ownership, and creators earn a royalty on passing the ownership. The NFT community supports disabled artists and has helped many artists find their ground. Blind artist and songwriter Lachi is one of the forefront of disabled artists in the NFT community. Lachi teamed up with some of the best virtual artists for a unique NFT collection to celebrate the International Day of Persons with Disabilities on 3rd December 2021.

Beautiful Community of Inclusivity

Many NFT projects create awareness and bring the inclusion of a specific community into the Web 3.0 arena. It is safe to say that NFTs are revolutionizing for a better cause and supplementing support for several reasons. An example is the NFT project called “Limitless-Fallen Angel”, announced by Modern Mirror in collaboration with UK-based 3D fashion designer Sam Goodyear and bionic pop artist Viktoria Modesta. The project focuses on inclusivity, diversity, and sustainability. The project challenges the societal expectations and perceptions of people with Down Syndrome and aims to dismantle the limits placed by society. A portion of the net proceeds from the auction was donated to Down Syndrome Association’s WorkFit Programme — an organization committed to improving the lives of people who have Down Syndrome and voicing for equal rights.

Representation and Presence of Each Community

Every community is entitled to equal rights and lives free without discrimination. NFTs, allow a diverse range of artists irrespective of their community. ARTXV is an NFT community that promotes diversity in the NFT space by empowering neurodiverse artists. ARTXV is a project that shares and brings out work from talented neurodiverse artists and raises awareness about neurodiversity. A range of conditions falls under the scope of neurodiversity like autism, dyslexia, ADHD, etc. The visual artwork in the neurodiverse discourse helps in stirring an emotional connection. Economic independence and recognition are great ways to make the artists feel included and a part of the community.

NFTs representing LGQBT celebrate the community. The Queer Friends NFT is a Queer Women-led NFT collection aiming to recognize the inequalities and push the boundaries for the queer community. The world is for everyone, and it is a better place with the celebration of diversity and advocacy of equity and inclusivity. Another example is an NFT project called Walking Between Worlds that empower indigenous communities. The mission of the NFT project is to amplify the voices of indigenous communities globally through NFTs.

Wealth Redistribution and Financial Freedom

Artists worldwide have struggled for a long time due to disparity and getting the correct value for

their art. NFT marketplaces worldwide create opportunities for NFT artists by offering more equitable access to wealth. The blockchain-backed technology allows NFT sellers and artists to develop their virtual art, take ownership, and amplify the redistribution of wealth. NFT creators from diverse background support organizations or cause that backs their identities and values. This gives the NFT artists and projects a chance to contribute part of their proceeds to organizations that connect with their values.

NFTs channel the power of creativity and is a catalyst in bridging the gap between diverse communities. It has created a safe space for marginalized groups, indigenous communities, neurodiverse artists, and LGBTQ communities. Web 3.0 space and blockchain-backed NFTs harness diversity, equity, and inclusion and encourage people from all spaces to contribute.

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Fantico

Fantico is one of its kind celebrity NFT platform for films, arts, sports and music. We aspire to become the #1 blockchain based collectibles trading platform.