Taken from VC / 05. 08. 2023
Non-fungible tokens (NFTs) are digital objects that reside on the blockchain and are typically associated with unique digital media such as images or music. NFT technology allows you to obtain ownership rights to digital assets, including digital art. First of all, artists who work with computer graphics and video, that is, with formats that are not the most popular in the traditional art market, came to NFT.
NFTs have become increasingly popular in the art world because they allow artists to sell their digital works as unique items that cannot be reproduced or copied. This has led to a boom in the digital-art market, with some NFTs sold at auction for millions of dollars.
NFTs are often used to represent digital works such as images, videos or music, and are created using blockchain technology. Each NFT is unique, with a specific data set that identifies it as different from any other token.
In addition, NFTs can be used to represent other types of digital assets such as virtual real estate, items in games, or even tweets. This has led to some counter-evidence around the use of NFTs, as some believe they contribute to the comodification of culture and environment.
Despite the controversy, NFTs have become a major trend in the digital art world and are likely to continue to play a significant role in the future of the digital market.
Benefits of digital-art:
One of the main advantages of digital art is accessibility. It can be easily shared and viewed around the world without the need for physical transportation. This means that artists can reach a wider audience and collectors can easily access and purchase art from anywhere in the world.
Another advantage of digital-art is its flexibility. Artwork can be easily modified and edited, allowing artists to experiment with different styles and techniques without having to start from scratch. It also means that collectors can easily customize and refine their collections by requesting specific changes or modifications.
However, despite the benefits of digital-art, it cannot replace traditional art.
Digital-art and NFT can change the way artwork is created, distributed and sold. However, it is impossible to replace traditional art as it has its uniqueness, aesthetic and cultural value and is linked to tradition and history. Also, many people enjoy the process of creating paintings and sculptures using all the familiar materials and techniques. Digital art can exist on par with traditional art, but it cannot completely replace it.
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