Freelancers are embracing NFTs and metaverse, says Fiverr



You may not know the difference between NFT and NSO (the Israeli company behind Pegasus software), but according to Israel-based freelancing website Fiverr, 64 percent of US-based freelancers. have profited from the sale of NFT-related services.

The survey of some 1,000 self-employed workers was carried out together with all censusa research company based in the UK.

NFT (Non-Fungible Token) refers to an exclusive, usually digital asset, be it a piece of art, an essay, or an in-game upsell, that is backed by the blockchain.

Fiverr reports that on its website, the number of freelancers who listed jobs for NFT services increased by 278% in just one quarter, from Q3 to Q4 2021.

That led to big profits: Freelancers report that their earnings from NFT services increased 374% in the same period. And the number of searches for NFT services on Fiverr increased by 345%.

“NFTs are becoming a fantastic way for our site’s illustrators, artists, designers, and developers to monetize their skills and work with companies and individuals who are invested in this space,” says Gali Arnon, CMO of Fiverr.

“The fact that more than three in five freelancers already earn an income selling NFTs and related services shows the foresight freelance talent has to stay on top of the latest technology trends.”

What are those related services? “Blockchain technology, cryptocurrencies, and the metaverse,” adds Arnon.

Key data points from the Fiverr-Censuswide survey:

  • 48% of freelancers said they have already benefited from the sale of services related to the metaverse.
  • 83% plan to adapt their current offerings based on the growth they have seen in this space.
  • 54% can see themselves earning an additional $2,600-$5,200 per month by monetizing their blockchain-related skills.
  • More men (68%) than women (54%) have benefited from NFTs.
  • 84% of men plan to adapt their services due to the growth of “Web 3.0” (a new iteration of the internet based on blockchain technology) compared to 80% of women.
  • 61% of female freelancers earn income from the sale of metaverse-related services compared to just 45% of male freelancers.
  • 70% of respondents aged 45-54 say they have benefited from the metaverse, while only 39% of respondents aged 25-34 have.
  • On the other hand, 70% of respondents aged 25-34 have benefited from NFTs compared to 52% of respondents aged 45-54.

Not everything is smooth sailing. Freelancers trying their luck in the metaverse also have concerns.

  • 54% are concerned about privacy and cyber threats.
  • 39% are concerned about regulation (or lack thereof).
  • 37% believe there is a lack of knowledge and understanding around this space.
  • 28% fear the lack of face-to-face connection that Web 3.0 brings.

None of that has slowed down the NFT train. Among the wildest NFTs sold so far:

  • Jack Dorsey sold his first Tweet, the day Twitter launched in 2006, for $3 million.
  • A pair of digital sneakers, to be used in video games as part of a user’s avatar, cost $10,000 a pair.
  • You can purchase GIF images of Taco Bell menu items as NFTs.
  • For Star Trek fans, William Shatner sold old photos and even an X-ray of his teeth as NFTs.

For more survey results, please Click here