Is blockchain the future of 'digital art'?

Supply and demand has always been prevalent in the art world, even more so now with the rise of ‘digital art’ supported by blockchain. Artists now turn to new mediums of creatively expressing their artistic craft more conveniently through R.A.R.E., a blockchain powered ‘digital art’ marketplace.

What is blockchain art provenance?

Blockchain art provenance is a method of proving the ownership of original creations via blockchain. It works like this: An artist creates a new piece and certifies it with a token on a blockchain. When you buy the artwork from the artist, they transfer the associated token to you. When you sell the piece, you transfer the token to the buyer.

Why do artists use blockchain monetization?

Because the cards are on the blockchain, you, as an artist, can choose exactly how many you want to sell. There’s no need to worry about copying, forgery, or massive fees. This opens up a whole new world of monetization for digital artists. Even with physical works of art, galleries are using blockchain.

Why is digital art more difficult to own than traditional art?

Digital art is more difficult to own than “traditional” art. The issue of shareability again affects the work’s value. Blockchain allows art collectors to own digital art in a completely new way. Non-fungible tokens, or NFTs, are cryptographic tokens that are unique pieces of information.