The past decade witnessed an unprecedented change in how people across the globe approach money and finances. When blockchain technology, the holy grail for record-keeping systems, came in 10 years ago, it paved the way for cryptocurrency.
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This decentralized digital money and payments system based on blockchain technology slowly became the dining room conversation for everyone with an expendable income. Non-fungible tokens (NFTs) which are minted versions of assets that can be traded on the blockchain have also garnered similar attention. This interest in alternative investments is on a continuous rise, giving India’s favorite investment – Gold – quite literally, a run for its money.
How NFT Digital Art Is Becoming the Archetype
Another change that has widely taken over and changed the way we do things is the adoption of the digital world. From how we work, eat, to how we make art – the internet has revolutionized everything.
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Undoubtedly, the origins of man’s experiments with art can be found in cave paintings and, from there on, humanity has only progressed in the way it creates and receives art. This (typically) visual form of expression latched on to the trend, hopping on the bandwagon of the digital revolution. The artist has constantly evolved from who used to be the cave dweller, to becoming the Da Vinci, to the recent Hussain and eventually present day’s digital artist – immensely empowered with tools and capabilities.
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Digital art is widely popular due to its interactive capabilities. The more artists venture into the virtual, the higher its value is realized. It is effectively the cheapest and quickest way to exhibit one’s creations. What’s more, one of the many reasons that digital as a medium is garnering the trust of the community is because…
