NFTs have become more popular than ever and give artists a chance to be a part of the new DeFi tech. They are easy to acquire digital assets that have been increasing in value over time. It is a great way to
When people got to know how various artists have started to make digital arts and started selling them as Non-Fungible Tokens (NFTs). People somehow knew that this has the potential to exceptionally change the world of art.
When there was news about the Beeple’s $69 million NFT (Non-Fungible Tokens) sales at the popular Christie’s auction house, I noticed the world took some notes as well. What was it that he sold? Who possesses the copyright? Is this a new way for the artists to be earning a living?
The crypto world has been developing swiftly, the NFTs market has seen a growth ten times from 2018 to 2020 and is still continuously growing. This is not only offering benefits to the artists and collectors but this is also a new way to create and buy art.
As thrilling as this brand new technology is and has the potential, the present state of Non-Fungible Tokens is somewhat irresistible for the newcomers. Non-Fungible Tokens are not only a new class of asset for the collectors to consider, but it is also creating new ways for the art enthusiast to get involved with the art virtually.
