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Introduction to Crypto Art: What is it and How Does it Work?
Crypto Art
Did you know that only 10% of art graduates get a career that helps showcase their artwork?
Creating art can be soothing, and if you’re dedicated, you can also make a living from it. As technology evolves, artists are learning that the key to success is to make their artwork more accessible.
If you want to learn how crypto artists are making profits online, keep reading to discover more about the NFT marketplace.
What Is Crypto Art?
Crypto art is comparable to physical pieces of art, however, it comes on a digital file.
When people invest in crypto art, their transaction makes them owners of whatever file is selected. Each piece is authentic and created by an artist. Many celebrities have also created crypto art and sold their NFTs for large profits.
Since each piece of art is original, it holds significant value. Only one person can own the NFT for Van Gough’s Starry Night, and the rest will have digital copies that aren’t authentic. Crypto art is the future of artwork, especially since people can use digital frames and showcase their NFTs at home.
Types of Crypto Art
Blockchain technology makes it possible to sell and trade different types of artwork.
Not only can you buy the latest paintings from your favorite artist, but you can also get videos, music, and sneakers. Trading card collectives and animated art have also shown promising results for investors.
As long as your artwork is in GIF, MP3, or JPG format, you shouldn’t have any issues with transactions. Some people have also invested in virtual real estate and tweets, which are lesser-known forms of crypto art.
Differentiating Art & NFTs
Before you start investing, the concept of crypto art may be confusing.
All forms of crypto art are NFTs, but not all NFTs are crypto art. For example, virtual fashion and gaming tokens are NFTs but aren’t considered artwork. Utility and security tokens for software are another form of NFT that doesn’t get sold through artists.
Differentiating artwork from NFTs can help you make smarter investments. You must learn the possibilities and limitations of each crypto piece you invest in or create.
What Does Ownership Look Like?
If you’ve been attracted to a piece of artwork and want to get your hands on it, you must invest in crypto art.
Since you can’t own the authentic physical painting of the Mona Lisa, you need to find another way. Crypto art allows people to buy and trade original art, music, videos, and GIFs. Not only does this help people fill their homes and offices with unique pieces, but it also helps artists.
When you purchase crypto art, in any form, the file you receive is one-of-a-kind. Only one person can prove ownership, and as it gains value, you can decide to keep it or sell it. Take a look at SuperRare crypto art to see which pieces you’re attracted to and can afford!
How Much Money Do People Make?
It’s nearly impossible to determine how much money you will make from investing in crypto art, but many people say the risks are worth it.
Although crypto art is still a relatively new concept, more people are gaining interest and making purchases. If you’re an artist, hoping to make a living off your passions, you can make as much money as you want.
It’s easier to sell pieces for a large price if you have a large following. This is why so many celebrities, like Paris Hilton, have created successful digital art. The more dedication you have toward growing your fan base and creating art, the easier it’ll be to quit your 9-5 job.
Keep in mind that if you sell crypto art, you won’t be giving away your copyrights.
What Exchange Platforms Do Artists Use?
Depending on the content and artwork, you’ll have to visit different marketplaces.
OpenSea is one of the most well-known exchange platforms. It’s been around for the longest time and people can trust reliable services through this NFT marketplace. The Foundation, however, is the preferred exchange platform for artists, since it is exclusively used for buying, selling, and trading artwork.
If you want to view artwork like you’re walking through a gallery, SuperRare is the most user-friendly site. SuperRare is a crypto marketplace, but it provides a unique experience that artists appreciate.
You may also find what you’re looking for on Nifty Gateway or Rarible, which are other popular NFT exchange sites.
Dive Further into Crypto Art
As you start filling your digital wallet with crypto art, you must also continue to learn more about your investments.
Many people make the mistake of jumping into crypto investments without doing enough research. If you want to make a profit off your investments, you need to follow market trends and monitor your artwork’s value.
There are plenty of online resources that can help you further your understanding. If you prefer visual or audio tutorials, Twitter, TikTok, or YouTube can help.
Start Your Crypto Art Collection
Whether you want to invest in crypto art or create it, you need to understand its value.
Crypto art allows people to own authentic files of artwork, music, and other forms of content. This is a useful investment that helps artists, while you can express themselves with an original painting or GIF. Much like walking through an art gallery, viewing your options, and discovering all the talented work on exchange sites.
Be sure to read our blog for the latest content on blockchain technology and crypto art!
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