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Crypto NFTs A New World of Fine Art

Crypto Non-fungible tokens (NFTs) are opening up a new world of Fine Art to people normally outside the rich and pampered.

Cryptocurrencies and blockchain are beginning to disrupt nearly all areas of human interaction and expression. From entertainment to financial services, they have made their way to glory and fame.

However, another interesting domain, though less talked about, is how it managed to fit right into, is the arts industry.

What are Crypto NFTs?

Non-fungible tokens or NFTs, are ERC-721 tokens hosted on the ethereum blockchain. The tokens or ‘nifty’ are unique. Furthermore, they cannot be exchanged for another nifty even if they belong to the same group.

Their applications are widespread and allow for a unique representation of physical assets and their ownership on the blockchain. Some examples of crypto NFTs include collectible items, game items, event tickets, or simply proof of ownership of some physical asset.

 Fine Crypto Arts

Crypto art is inspired by the blockchain and crypto movement. It is hosted on the blockchain itself or as a tokenized representation of a physical art piece, fine crypto art has taken numerous forms all of which are phenomenal.

As a result, it has inspired artists around the world to develop eye-catching paintings that depict the crux and meaning of the crypto/blockchain movement. On the other hand, it has redirected artists to create art and host its ownership on the blockchain. Artists then register it in a tokenized form, allowing users to pay for it through cryptocurrencies and exchange it easily.

Such a form of art has further appeared in two forms. Firstly, they use crypto NFTs as a token of ownership for a physical art sketch, painting, or sculpture. Whereas, the other form tokenizes the digital art itself. These serve as collectibles.

A great example of this is Cryptokitties, a gamified collectible ERC-721 token. This allows you to purchase “kitties” that you can play with, breed, and trade! It just takes virtual pets to another level and we love it! An example of fine crypto art is Art by Nelly. You can purchase futuristic utopian art pieces that aptly depict the crypto movement. Furthermore, you can browse the “art gallery”, select your preferred art piece, purchase and that’s it. You own a digital art NFT!

Where can I buy NFTs?

Cryptokitties and Art by Nelly are just two examples in the haystack of the abundance of crypto fine arts currently thriving out there. Hundreds of artists are using crypto tokenized digital art. They use this to sell their work to millions of users. It’s low cost and gets your talent great visibility. Read More…

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