OpenSea CEO Devin Finzer recently disclosed that the company had been served with a Wells Notice from the US Securities and Exchange Commission (SEC), citing concerns that the NFTs traded on its platform may be classified as securities. This unexpected move by the regulator has sent shockwaves through the NFT community, particularly affecting creators and
digital artists
Jonathan Mann, popularly known for creating a daily song for over sixteen years, along with conceptual artist Brian L. Frye, recently filed a lawsuit against the US Securities and Exchange Commission (SEC). The lawsuit revolves around the question of whether NFTs (Non-Fungible Tokens) representing digital art, like the ones created by Mann and Frye, should
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Discover the best platforms for digital artists to showcase their talent and monetize their work. Explore social media platforms like Instagram and TikTok, as well as online marketplaces like Etsy and Society6. Find out which platforms offer the optimal revenue potential for digital artists.