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NFT Art Should be Valued Higher than Traditional Art

Written by @ishanpandey | Published on 2021/8/20

TL;DR
NFT Art Should be Valued Higher than Traditional Art for the following reason: Digital art collectors skew younger and cooler and therefore will increase the artist’s collector base on the scale, whereas high-end traditional art is trading among only a couple hundred high net worth individuals and their representative galleries. The rise in popularity of non-fungible tokens has significantly impacted the esports and gaming sectors, leading to professional sportsmen and sports franchises making millions of dollars by launching their own NFTs.

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Written by
@ishanpandey
Building and Covering the latest events, insights and views in the AI and Web3 ecosystem.

Topics and
tags
cryptocurrency|blockchain-technology|dlt|nft|nft-art|nft-marketplace|gaming-metaverse|non-fungible-tokens
This story on HackerNoon has a decentralized backup on Sia.
Transaction ID: zKjaLgQwzJqnfmkHMUDc8bG1BNeJigWAOqx1owVVRbc