digital-art Articles

Is art a good investment? Is artwork a good investment? What profit can I expect? These are just a few questions everyone should consider before delving into art investment. Before considering digital craft as an investment, it's important to understand its fundamentals, value, and comparison to traditional art. So, let's delve into this topic.

A certificate of authenticity (COA) for artwork is a crucial document that verifies the originality of a piece. It's akin to a passport for a painting, a digital signature for a sculpture, or a birth certificate for a photograph. Essentially, it's a formal declaration by the artist confirming that a particular piece is their genuine creation.

The art gallery, a cornerstone of artistic discovery for centuries, finds itself at a crossroads. The digital age, with its disruptive technologies and global reach, is forcing a reevaluation of the traditional gallery model. However, this transformation presents not just challenges, but also exciting opportunities. 

The incredible boom of 2021 put crypto art (non-fungible token) at the center of everyone's attention. Record-breaking sales, constant media coverage, and widespread adoption by all kinds of people and organizations – it felt like a whole new way of owning art was here to stay. But things are a little different in the NFT market future.

What is digital art? 

While the meteoric rise of NFTs in 2021 captured headlines, 2024 paints a more nuanced picture of the NFT and art market. Gone are the days of frenzied bidding wars and overnight success stories. Instead, the market has undergone a period of consolidation, focusing on long-term value and utility.