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Crypto NFT – A New World of Fine Art

Cryptocurrencies and blockchain have disrupted nearly all areas of human interaction and expression. From entertainment to financial services, it has made its way to glory and fame. An interesting domain it managed to fit right into is the arts industry.

What are Crypto NFT?

Non-fungible tokens or NFTs are ERC-721 tokens hosted on the ethereum blockchain. Non-fungible tokens or nifty are unique; they cannot be exchanged for another nifty even if it belongs to the same group (a penny can be exchanged for another penny because all pennies hold the same value but a course certificate you earned cannot be exchanged with someone else’s because its unique to you!). Their applications are widespread and allow for a unique representation of physical assets and their ownership on the blockchain. Some examples of NFTs include collectible items, game items, event tickets or simply proof of ownership of some physical asset.

What are Fine Crypto Arts

Inspired by blockchain and crypto movement, hosted on the blockchain itself or a tokenized representation of a physical art piece, fine crypto art has taken numerous forms all of which are phenomenal. 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 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. First uses NFTs as token of ownership for a physical art sketch, painting or sculpture whereas, the other form tokenizes the digital art itself that serves as collectibles. A great example of this is Cryptokitties, a gamified collectible ERC-721 token that lets you 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. 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 them?

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 to sell their magnificent work to millions of users. It’s low cost and gets your talent great visibility. Read More...