The Best NFT Art Top 10 Picks
An NFT solely represents a proof of ownership of a blockchain record, and does not necessarily imply that the owner possesses intellectual property rights to the digital asset the NFT purports to represent. Someone may sell an NFT that represents their work, but the buyer will not necessarily receive copyright to that work, and the seller may not be prohibited from creating additional NFT copies of the same work. Nonfungible tokens are disrupting the traditional art market, creating new communities of collectors and giving artists more access to their fans and buyers. But even investors who see NFT art solely as an asset to be bought low and sold high are putting money into artists’ pockets. Andrew Benson, a Los Angeles-based artist, has been experimenting with psychedelic, glitchy digital video work for years.
They can be artifacts, digital art, game items, avatars, and the like, which have no equal to other NFTs. Non-Fungible Tokens, or NFTs, are becoming a much more viable solution for artists to create financial value from the digital artwork they produce. With the ever-increasing developments in technology, art and artists have much space to adapt their work and rely on new and valuable technologies to provide solutions.
But many digital artists, fed up after years of creating content that generates visits and engagement on Big Tech platforms like Facebook and Instagram while getting almost nothing in return, have lunged headlong into the craze. “You will have so many people from different backgrounds and genres coming in to share their art, connect with people and potentially build a career,” Boykins says. “Artists put so much of their time—and themselves—into their work. Axie Infinity is a blockchain-based video game created on Ethereum's network.
Just as the internet bubble needed to burst to drive innovation so the NFT art bubble had to let out some air. The NFT bubble hasn't popped, despite articles on the NFT art controversy proclaiming it dead even last year, but it looks like the NFT hype is letting out air, slowly. "NFTs break it open," says Mack, "which is interesting, in that it was like this when Netflix disrupted the theatre industry, and now NFTs probably will have an opportunity to disrupt streaming platforms."
Another location for playing cards, SoRare, is a global blockchain-based fantasy football game. Users can buy, sell, trade, and manage their virtual team of players. Being located on the blockchain, every card is unique, and each is registered as a one-of-a-kind, non-fungible token on the Ethereum ecosystem.
Along the way, they’ve generated over $2 billion worth of trading volume, and yielded dozens of sales over the million-dollar mark—most notably, this one. It’s a physical/digital hybrid piece that reflects Beeple’s growing artistic ambitions beyond the purely digital canvas—but it also comes with an NFT deed of ownership included. HUMAN ONE secured a hammer price of $25 million at Christie’s auction in November 2021, but landed at $28.9 million once all fees were added. Ryan Zurrer, formerly venture partner at Polychain Capital, had the winning bid.
nft arts published by Statista, as of February 15, 2022, the aggregated NFT sales value over 30 days in the art sector worldwide amounted to around 87 million USD. Artists are invited to the platform by the Foundation community, and buyers simply need a crypto wallet funded with Ethereum to start making purchases. If you're looking for a quick and easy way to start creating your own NFTs, Foundation probably isn't the best place to begin, but the marketplace has plenty of artwork that can be perused in a simple format. SuperRare recently announced its own token of the same name based on the Ethereum blockchain.