Joining Art and NFTS: A Win-Win for Everyone
Author: Nikita Kosmin
The world of blockchain technology and digital certificates has been growing by leaps and bounds in recent years, and it shows no signs of slowing down anytime soon. But what does this mean for the art world? In short, it means that there is now a way to connect art with non-fungible tokens (NFTs). This is a huge win-win for everyone involved! Buyers can be sure they’re dealing with the real thing, and artists can put their work out for the world to see with no starting capital, and even split NFT rewards with friends, family, backers, and just about anybody else using a confidential crypto address. And there will be strictly no-one watching!
Let’s take a look at exactly why NFTs are so safe as well as convenient.
Why use NFTs?
When you want to buy or sell an item of art, the certificate of authenticity is essential. It proves that the piece is genuine and not a copy. It also provides important information about the artwork, such as when it was made, who made it, and any previous owners. The benefits of using NFTs are that they can't be duplicated, they're easy to transfer, and they're stored securely on the blockchain.
For collectors, digital certificates can provide peace of mind, knowing that they are buying a genuine piece of art. And for galleries and other art businesses, digital certificates can help to build trust with customers and protect against fraud.
NFTs can also help to ensure that the artist receives appropriate compensation when their work is sold. While this was impossible before, all you have to do now as an artist is find an NFT art gallery, submit your work to the whole world, and get paid as well as recognized!
Nothing is 100% safe though, right?
That is true. If not even NASA can keep their ata secure, what about the rest of us mortals? Now, there’s plenty of theft and crime going on right now in the NFT world, but if you think of how this industry evolved, it’s obvious these hurdles at the beginning will soon be overcome, just like Bitcoin’s were. You’ll find many of the world’s greatest companies relying on blockchain technology to make their operations better, faster, and cheaper, and we’re confident it’s only a matter of time ТАЕ-backed art is going on this list.