What is crypto art?

Crypto art is digital art that uses blockchain technology to verify ownership. Just as an original Matisse can have its authenticity verified, crypto art uses a non-fungible token (NFT) for verification. The work’s uniqueness is what makes it valuable, because unlike ordinary digital art that can be easily replicated, crypto art is one-of-a-kind.

What is crypto & how does it work?

Crypto are digital assets —they have no tangible form. Cryptocurrencies exist and operate on a public ledger called a blockchain, which records all crypto transactions. Blockchain encryption is designed to make all transactions immutable and secure from tampering, counterfeit, and other forms of fraudulent transactions.

Is buying crypto art a good investment?

Besides the esthetical aspect, buying crypto art may be a good investment. Most of the time, you will pay in ether, so investors prefer to monitor the ETH price before making a transaction. Here are the most popular platforms for buying and selling crypto art: OpenSea – this one is promoted as the oldest NFT platform.

Who is the most popular crypto artist?

The digital artist produces video content and concert visuals for celebrities like Eminem and Nicki Minaj and is currently the most popular crypto artist. Beeple, whose real name is Mike Winkelmann, has sold over 800 artworks for more than $9 million in total.