From Warhol to NFTs: The Evolution of Digital Art

Written by chainfoundation | Published 2021/04/30
Tech Story Tags: nft | art | digital-art | fractionalising-nfts | crypto | defi | non-fungible-tokens | good-company

TLDR 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.via the TL;DR App
no story
Written by chainfoundation | CHAIN is a hybrid large-scale public art sculpture and digital landmark.
Published by HackerNoon on 2021/04/30
ABOUTHow hackers start their afternoons. We publish tech stories and build publishing software.

READEntirely free library read by hundreds of millions to learn anything about any technology.

WRITEHackerNoon elevates quality technology writing far and wide across the interwebs.

PARTNERHackerNoon works directly with tech companies to place ads by content relevancy