Assertion certainty 4/5 debate potential 1/5

480 artists earned over 5 ETH on Foundation in three months

Kayvon Turanian · NFTs and the Creator Economy · May 19, 2021 · at 1:16

Kayvon Tehranian, founder and CEO of NFT platform Foundation, shares distribution of earnings among creators during a16z's NFT Summit.

0:00 / 0:08exact quote · 8.8s
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“And in fact, 480 artists have already earned over five ETH, which in dollars terms is about over 15,000 dollars on the platform.”

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Prediction Not checkable as stated
Kayvon Tehranian predicts the NFT movement will match the Renaissance's cultural impact
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Assertion Partly supported
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“Ultimately, through the course of the auction, the piece went for 300 Ethereum.”
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What-if
Traditional payment friction would make global artist sales impossible without blockchains
“Without any obstacle around customs, foreign exchange, wire transfers that would have perhaps, perhaps made this interaction impossible without blockchains and without foundation.”
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