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Creating a successful stream of income for yourself is great, but it’s even better when your win helps others. As previously reported by AfroTech, Elise Swopes made headlines when she turned her love of making non-fungible tokens (NFTs) into making over $200,000 back in 2021. Additionally, the rise in her online presence led to her being featured in projects such as collaborating with Black Women On Boards (BWOB) for its NFT release to commemorate its accelerator program’s launch.
This Black woman took her last $10, invested it into NFTs, and now says she makes six figures. Now this is an inspiring story we can get behind! CNBC recently reported on the story of Brittany Pierre, a 36-year-old Black woman from Chicago, IL, who once lived paycheck-to-paycheck. She told the outlet that her financial situation was very “touch and go,” and that she struggled to pay rent and her other bills at times. But that all changed, she said, when she began investing in NFTs. “It was really hard to do $50 photoshoots, trying to peddle $30 prints. I’d have bookings here and there, but it wasn’t sustainable,” she said to the outlet. “That first couple of $200, $300 [NFT] sales was a lot for me. That’s exactly what I needed to pay rent.” Pierre also said that she was inspired by the work of Elise Swopes — a Black woman who also made it “big” with NFTs, and happens to be a friend of hers — which is why she felt comfortable investing her last $10 in the project. “Last year has been...
Non-fungible token (NFT) releases are on a consistent hot streak, but Lil Yachty has developed a legal feud with one in particular. On Jan. 27, the rapper filed a trademark infringement lawsuit against Opulous, an artist-focused NFT platform, according to Rolling Stone. Lil Yachty claims that the company “maliciously” used his name and likeness to make a hefty profit.
When Kelley Blue Book announced that they’d be releasing their first-ever non-fungible token (NFT), “Black-ish” star Marcus Scribner saw a natural fit. The actor, best known as “Andre” on the show, grew up with a love of cars — and history with the automotive mainstay — and just felt it was all kismet. The new NFT was a way to announce the winner of the coveted Best New Model Award (which went to the 2022 Ford Maverick) and to enter into the competitive market. In a press release announcement, Kelley Blue Book revealed that their first-ever NFT would bring this honor to life. “‘Model NFT by KBB.com’ visually shows the evolution of cars and how far they’ve come, also giving a nod to Kelley Blue Book’s storied heritage,” read the press release. “Funds will be donated to American Rivers, which protects clean water and rivers across the country, reinforcing Kelley Blue Book’s sustainability efforts. Kelley Blue Book commissioned the digital artwork from Bloo Woods, a talented...