NFTs, or Non-Fungible Tokens, are a type of digital asset that can be bought and sold like physical assets such as art or real estate. They are unique because they cannot be exchanged for other tokens or currency in the same way that traditional cryptocurrencies can.

In recent years, NFTs have become increasingly popular in the African art market. This means that artists from Africa are creating and selling digital artworks using NFT technology. These artworks can range from photographs to animations to videos and music.

One reason why NFT adoption is growing in the African art market is because it allows artists to bypass traditional gatekeepers such as galleries and auction houses. Instead, they can sell their work directly to collectors online.

Another reason for this growth is the potential for increased revenue. Because each NFT is unique and cannot be replicated, it creates scarcity which drives up demand and prices. This means that artists have the potential to earn more money than if they were selling prints or other reproductions of their work.

Overall, while still relatively new, NFT adoption has opened up exciting opportunities for African artists looking to showcase their work on a global scale while also increasing their earning potential through direct sales with collectors worldwide.