Are NFT’s the future of Art or just a novelty?
NFT and Digital Art Digital art has existed since the late 1960s, but the product was just a file that was difficult to exchange and collect. It didn’t find adequate appreciation as it didn’t have adequate protection and could be freely reproduced. With blockchain technology it is protected and takes value in terms of scarcity. In this scenario digital art is not a novelty. Today, the novelty factor is the tool, the container: the Non-Fungible Token (NFTs) and the blockchain applied in the art world. While NFTs may seem new, they are not....
