From Warhol to NFTs: The Evolution of Digital Artby@chainfoundation

From Warhol to NFTs: The Evolution of Digital Art

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Statista forecasts the global online art market to be worth $9.32bn by 2024. Statista estimates the global art crime industry will be $6bn annually. NFTs are impervious to forgery, and their blockchain ledger provides an immutable and traceable provenance and record of ownership. Fractional ownership is where fractional ownership comes into play in the next phase in the evolution of art, and asset ownership, as a concept and a single form of NFT is digitised.

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