A Statement from ArtStation on NFT
By ArtStation Team
Dear all
The last few hours since announcing our intention to run a proof of concept for NFTs on ArtStation have been humbling. Based on the strong demand from artists wanting a way into the world of NFTs, we sincerely felt an obligation to explore this path and help artists succeed.
In light of the critical reception on social media regarding NFTs, it’s clear that now is not the right time for NFTs on ArtStation. We are very sorry for all the negative emotions this has caused. Despite our attempts to validate our approach, we clearly made a mistake and admit fault. It was our bad.
We feel that NFTs are a transformative technology that can make significant, positive change for digital artists. It’s our hope that at some point in the future we’ll be able to find a solution that is equitable and ecologically sound. It will take time for us to reflect on this and we’ll do our best to earn back your trust.
Sincerely,
The ArtStation Team
March 8, 2021
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