Richelle Steyn

Art lover and tech geek. Using Art and Web3 to create worth.

Joined: August 4, 2023
Articles: 25

Web3 Business Models

The Yuga Labs Business Model & the 2024 Super Punk World Collection Wobble

Yuga Labs and their Yuga Ecosystem is a start-up success story. Is this a USA-specific once-off, or is Yuga's success based on sustainable web3 foundations that can inform start-ups in other parts of the globe? Let's look at their business model.

Richelle Steyn
June 23, 2024

Crypto101

The Big Picture: Where do NFT Artists Mint and Sell their NFTs and Why?

The choice of where to mint and sell NFTs is not random but rather a strategic decision influenced by a combination of technical, financial, artistic, and community-related factors. Artists typically weigh these considerations to determine the best platform or blockchain for their specific needs and objectives.

Richelle Steyn
September 8, 2023

Crypto101, Culture

Mint NFTs that Sell by Crushing these 10 Key Success Factors

Success in the NFT space can be unpredictable, and not all NFTs will sell immediately or at high prices.

Richelle Steyn
September 3, 2023

Crypto101, Trends

Why are Creators and Collectors choosing to Burn their NFTs?

"A world that was once about innovation, creativity, and community suddenly had its values overshadowed by greed, deception, and short-term thinking." Slimesunday

Richelle Steyn
August 20, 2023

Crypto Art Auctions, Culture, Trends

Pak’s NFT “The Merge” has the Potential to Revolutionise the Art World

"The Merge" project was successful because it was able to tap into a global community of people who were interested in participating in an experiment to create a unique and decentralized work of art. This is a new type of collaborative crowdfunding that has the potential to revolutionize the way art is created, owned and funded.

Richelle Steyn
August 13, 2023

Crypto101, FTs

Security (Fungible) Tokens vs NFTs (Non-Fungible Tokens)

Security tokens (fungible) represent ownership in real-world assets and are subject to securities regulations, while NFTs represent ownership of unique digital assets and used in various creative and entertainment-related applications.

Richelle Steyn
August 13, 2023

Collectors, Crypto101, Culture

Why do People Collect NFTs?

People have varying motivations for collecting NFTs. Some may see the value in owning digital assets, while others may prefer traditional physical collectibles. As the NFT space continues to evolve, ongoing research will shed more light on the intricacies of NFT collecting behavior and motivations.

Richelle Steyn
August 12, 2023

Crypto101, FTs

The difference between Crypto Coins and Tokens

Coins and tokens are both terms used in the cryptocurrency and blockchain space, but they refer to different types of digital assets with distinct technical characteristics. In summary, coins are native currencies of their respective blockchains, while tokens are digital assets built on existing blockchains using smart contracts and can represent a wide range of assets and utilities.

Richelle Steyn
August 12, 2023

Culture, South Africa, Trends

The Top-selling NFT Artists in South Africa

These are just a few of the many talented South African artists who are creating NFTs. The NFT market is still in its early stages, but it is growing rapidly, and South African artists are well-positioned to succeed in this new space.

Richelle Steyn
August 11, 2023

Fraud & Scams, Legal & Regulatory, South Africa

What happened to Invictus Capital, their NFT Lab and CEO Daniel Schwartzkopff?

In April 2022, just after the Out Of Africa NFT Collection was auctioned on OpenSea, the founder and CEO of Invictus Capital, Daniel Schwartzkopff was forced to tender his resignation during an Invictus board meeting. Invictus Capital is a regulated…

Richelle Steyn
August 10, 2023