As technology has advanced, so have the ways for making and experiencing art.
In fact, digital art is quickly becoming one of the most valuable art forms of our time.
The art world is rapidly changing with the introduction ofNFTs, or non-fungible tokens.
Even centuries-old auction houses such as Sothebys and Christies see the value incrypto art.
But before we do, it’s important to know what an NFT is.
What is an NFT?
NFT stands fornon-fungible token.
They are unique and non-interchangeable units of data that are stored on a secure digital ledger (blockchain).
An NFT tracks the creator of the digital artwork, its market value, and its ownership.
This makes it possible to authenticate an NFT just like you could authenticate a traditional painting.
NFTs have existed since 2015, but they didnt gain popularity until 2020.
Then in 2021, the crypto art market really boomed.
Read on to discover the best NFT artists and projects of 2021.
The 13-year-long project involved creating a new artwork every day and posting it online.
He decided to use his unique technique to turn a dilapidated building in Portugal into an ephemeral art piece.
The building underwent an explosion, a portrait reveal, and imploding destruction within two seconds.
She has since held several successful auctions.
Their interactive displays allow onlookers to become part of the art.
Within hours of the auction held by ArtRepublic during Miami Art Week, the NFT sold for $85,000.
The makers say, All Hashmasks are rare, but some are rarer than others.
His artwork focuses on capturing snapshots of his own memories and his feelings around growing up.
One of his collections is a series ofJoy charactersthat are handmade in virtual reality.
Each collectible NFT looks like a surreal creature from another world and comes with a unique magical power.
All 10,000 are already claimed, so now people are either bidding for or selling their CryptoPunk.
Buyers simply choose a style of artist that they like.
Art Blocks top piece of all time is an NFT calledRingers #109.
The imagefeaturing a range of cog-like circlessold for 2.1k ETH ($6.93 million).
The entire Art Blocks collection is currently valued at $1.07 billion.
Each character doubles as a membership to an online swamp club for apes.
You are gaining membership access to a club whose benefits and offerings will increase over time.
Your Bored Ape can serve as your digital identity, and open digital doors for you.