Why would anyone buy Crypto Art_

1. Why would anyone buy Crypto Art?

2. Art is an asset, and we usually associate with physical objects such as paintings or sculpture. So why would anyone buy crypto art that belongs permanently in cyberspace? You can never take a Non-Fungible Token (NFT) home with you unless, of course, there is a separate agreement where you can own the physical original if there is one. No extra costs Buying crypto art gallery needs no storage, transport costs, and insurance against damage or theft. Moral and Social ethics The exciting and rewarding idea behind crypto art is not just the personal investment it offers but the moral rights for people. Buying crypto art allows everyone to be a part of a community immediately from their own homes.

3. Moral and Social ethic The exciting and rewarding idea behind crypto art is not just the personal investment it offers but the moral rights for people. Buying crypto art allows everyone to be a part of a community immediately from their own homes. There is no traveling to Paris to see the artist’s exhibition or negotiating fees with agents and art galleries. When you buy art with crypto it is directly from the artist or the art platform at a speed of light pace instantaneously anywhere in the world. This saves so much time and money and opens a world of opportunties. People from developing countries can, if they have a phone and are interested in steampunk art, be part of a global community of artists, creating and sharing ideas at the touch of a button.

4. So who is buying crypto art Many of the auction houses are cottoning on to the idea of NFT’s and accepting payments with Bitcoin for artworks. It will become a standard way of purchasing as Bitcoin gets adopted by countries and the banks start to recognise it as a currency. Once the crypto filters into more and more market place customers’ confidence will rise, and buying crypto art will become more popular. The buyers of these images are part of the cyberpunk community and some new art investors who perhaps have profited from Bitcoin. The other buyers are general folk who appreciate digital art. Many cyber galleries are seeking contemporary digital art and artists to promote.

6. It is still very early days for NFT’s with most people not understanding or acknowledging the crypto world or really embracing the digital revolution except perhaps for having a mobile phone or a computer. For the artists to create an NFT is not immediately straight forward and I have gone into more detail in another article which you can read here however for buyers it is simply a case of logging onto the desired platform, choosing the artwork you like, and then buying with the favored coin, usually and safely Bitcoin or perhaps Etherean.

7. Why Bitcoin It is a bit like coffee shops, there are now many many coins popping up but Bitcoin is the coffee. Many apps are being designed to distribute the coins but Bitcoin is the original and the only coin that is limited in amount and will most probably end up being the dominant currency and asset. I think buying art with bitcoin is guaranteed whereas some other coins may not be so accepted.