![]() NFTs enable digital artists to safely sell their works online while enabling anyone to authenticate the original creator of the art.įor example, Async.art launched in February 2020 and has processed over $5 million in bid volume and over $1 million in artist sales. After all, digital art becomes much less valuable when multiple copies are made and shared online. NFTs are especially useful for digital artists that have historically had trouble protecting their intellectual property online. The success has also led to many other crypto art projects using NFTs to verify their authenticity.Įxample of a CryptoKitty – Source: CryptoKitties ![]() Since its launch in 2017, rare CryptoKitties have been sold for a price of up to US$170,000, making them a unique form of high-value pop art. Most crypto enthusiasts are familiar with CryptoKitties-unique digital representations of kittens created with non-fungible tokens, or NFTs. Cryptocurrency Mainstream: NFTs Are Redefining the World of Pop Art Let’s take a look at some ways that blockchain technology and cryptocurrencies are taking over mainstream art and music culture. And with Coinbase going public, the possibilities of cryptocurrency entering the mainstream stand higher than ever. The same technologies could help democratize the art and music industries, helping artists regain control over a wide range of creative works-including new crypto innovations. Bitcoin has become a household digital currency name and is going mainstream around the world with a market cap that surpasses $1 trillion.īut the blockchain revolution extends well beyond its posterchild currency.
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