This 29-year-old launched a business to support Black NFT artists—and it made $140,000 in 10 months: I see it as a way to 'rebalance power'

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This 29-year-old launched a business to support Black NFT artists—and it made $140,000 in 10 months: I see it as a way to 'rebalance power' (via CNBCMakeIt)

, head of crypto at consultancy platform Troika IO, who have helped Umba Daima along the way. "It's been really nice, especially as a Black woman founder, to have people provide so much support and believe in me so much," Nevins says.

Nevins sees little possibility for traditional financial systems to be reworked and thinks that building something new is necessary to uplift people who are marginalized and underrepresented.When first starting out, Nevins noticed a lack of diversity in the industry and saw an opportunity to build a more equitable space for creators of color. "There weren't many Black artists, or if they were there, they were really hard to find," she says.

The current application process for many NFT marketplaces also enforces a culture where only those with an "in" can succeed, Nevins says. "That's problematic because if you're not actively building relationships with Black people in the space, how are you going to get Black artists on the platform?" she says.

 

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MakeIt stop trying to use race to push your bullshit ponzi scheme

MakeIt It does not sound like she is thriving in the article. It says “ she is yet to pay her self “ abd “pays staff when she can.”

MakeIt Please I mean no offense by this at all. But can you image if a white man 29 years old like this girls set up a business to support white NFT artists! ... Yea sounds racist as fuck just typing it but what's the difference between that and this. Again no offense intended to anyone

MakeIt Rebalance Power? From what, scamming people? 🙄

MakeIt ThePressofAC

MakeIt

MakeIt How is giving ONE person a bunch of money balancing out power? Power between that person and one other maybe. But not entire races.

MakeIt Why is everything that involves easy money against black people?

MakeIt Why does this need to involve race? Why does it have to be always about 'rebalancing' and 'power'? This is not the space to do this, it hurts the cause. Why can't we call her the scamming whore that she is just like all the other NFT artists that is facilitating money laundering?

MakeIt

MakeIt y'all runnin' around like german propagamma

MakeIt Reminds me of something... Ah yes, same was said about Bernie Madoff

MakeIt Not even a viable career

MakeIt This is racist starting a business to support black artists, what about the chinese, white, Australian and so on, this is what racism truly is

MakeIt 🤡

MakeIt Now do a story on white, Asian, Latino NFT artists. I'm tired of reading about the 13 percenters.

MakeIt

MakeIt So much hate for successful BIPOC women on here

MakeIt JoshStrifeHayes and another. Scam

MakeIt Amen✊🏿❤

MakeIt cnbc trash

MakeIt More of a dream come true creating multiple sources of incomes through bitcoin. Truly proud of the decision of getting started with the help of mr tyron_robert7 thanks allot for your effort been given...

MakeIt Black unicorn farmer sticks it to white wizards.

MakeIt Excellent.

MakeIt CNBC really needs to stop spotlighting the biggest scams in the world… NFTs and the Metaverse are jokes and everyone knows it. STOP!

MakeIt When I buy an NFT 99% of times I don’t even know how the artist looks like I’m interested in the art.

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