The future of art? World-famous artists delve into NFTs
Cointelegraph
Published Jul 24, 2021 09:37AM ET
Updated Jul 25, 2021 12:00PM ET
For millennia, the world of art has remained unchanged for the most part. The tradition has always revolved around artists selling their work to museums, galleries, or individual collectors. In return, the artist would get a market value for their work which was often kept in private vaults and only displayed to the public ever so often.
With the advent of NFTs, many artists are now able to take their work and offer it up for sale as a digital collectible. Through these blockchain-enabled digital assets, the artist cannot only maintain ownership of a piece of the art they produce but also gain royalties from sales made in secondary markets.
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Written By: Cointelegraph
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