NFTs for Art
The art market, especially for living artists, is based on a consensus among participants about the value of a work. This consensus, in turn, is the result of subjective factors such as the popularity of the artist, which gallery or auction is offering it, who is the curator or dealer of the works, etc.
CreaNion offers art collectors the opportunity to own digital art!
Non-fungible tokens, or NFTs, are a piece of digital content associated with the blockchain, the digital database behind crypto-currencies such as bitcoin and ethereum. Unlike NFTs, these assets are interchangeable, meaning they can be replaced or exchanged for similar assets of the same value as the dollar.
NFTs, on the other hand, are unique and non-interchangeable, which means that no two NFTs are the same. CreaNion offers auctions entirely dedicated to digital art on platforms like OpenSea.
In a way, NFT is a step towards the future of digital art, but also towards the past of unique collector’s versions of artworks, albums, etc. That’s why the odds are that NFT is here to stay, and the only real question is whether you will participate too!