Andrea Bonaceto a venture capitalist and artist who is also creating NFT-backed artwork thinks that the method might spur new forms of digital art blending digital.

Digital artwork nft. Your digital artwork is represented as an NFT so it can then be purchased and traded in the market and digitally tracked as it is resold or collected again in the future. Now for the more technical explanation. So what is NFT art.

Digital artwork sells for record 69 million at Christies first NFT auction The first purely digital work sold by an established auction house brings blockchain into the world of fine art. Its an alienesque term that I dont like saying aloud but you can think of it as a digital certificate of authenticity. Artists create a single or limited copies of their creation therefore creating scarcity and value.

NFT artwork put simply is digital artwork. Beeple the digital artist whose real name is Mike Winkelmann made headlines when an NFT he created called Everydays. MakersPlace has raised 30 million for a digital art marketplace that uses nonfungible tokens NFTs.

In real life - classic works of art antiques and other historical items are often. The Crypt an NFT artwork museum would be the first digital customer attraction on a platform known as Just about World created by Just about Holdings Ltd. Use our platform to showcase and sell your work to collectors who care about authenticity.

The company became famous when the artist Beeple auctioned a work of art on MakersPlace for 693 million in March. An NFT is a digital asset that represents real-world objects like art music in-game items and videos. NFTs are now an increasingly prominent theme in digital art.

The NFT marketplace for digital art has generated more than 100 million in sales in the past year and seen a tenfold increase in unique collectors. Every digital artwork on KnownOrigin is authentic and truly unique. Co-founded by Jonathan Sands Alex Suchet.