Crypto art: what it is, how it works and where to buy it

The phenomenon of crypto art, or cryptographic art, is the first form of digital art based on NFTs.

With the advent of Blockchain technology, some artists have seen the opportunity to create a new form of art with the same guarantee of authenticity as a traditional artwork.

All of this is made possible through NFTs, which have allowed artworks to be completely dematerialized, no longer physical like traditional art.

What is crypto artA digital artwork can be purchased using cryptocurrencies, which are a type of digital currency.

These days, there are more than 2000 types of cryptocurrencies, so it’s important to be careful about which one you choose.

The buying and selling of crypto art can take place on crypto art marketplaces or specialized galleries and auction houses. The latter have contributed greatly to the spread of crypto art.

Notable examples of digital art markets are the American platform SuperRare and the European platform KnownOrigin, which were the first to exhibit and sell NFT-based artworks in 2018.

As you continue reading, you will delve deeper into the topic of crypto art. In particular, you will find information on:

  • What crypto art is
  • How the world of NFT art works
  • The most popular marketplaces for purchasing digital art
  • The most famous crypto artists in the international scene
  • How to become an NFT artist

Furthermore, to learn about the characteristics and benefits of blockchain technology, I recommend participating in the courses where you can also gain practical experience with the innovative tools provided by this cutting-edge technology.

What is the phenomenon of crypto art?

When we talk about the phenomenon of crypto art, we refer to a range of artistic expressions through the creation of digital artworks or the digitization of physical artworks using specific software.

Initially, crypto art was thought to have no future, but from 2018 onwards, this new art technology has achieved tremendous success to the point that the crypto art frenzy is now worth millions of dollars.

The phenomenon of crypto art has opened the doors of the art market to the masses, offering numerous advantages to both art collectors and crypto artists. The latter, in fact, are completely independent and not bound by the dictates of critics.

The cryptographic works are based on NFT technology and for this reason, they are also referred to as NFT art. Through these digital assets, buying and selling can take place without intermediaries, using dedicated platforms.

The first artwork on the blockchain was Rare Pepe, a comic by author Matt Furie featuring a frog, which was later “tokenized” by unknown individuals. The artwork was also involved in the first artistic transaction using cryptocurrency.

How crypto art works in 3 steps

Crypto art as a form of art has exploded in the past 10 years, expanding the concepts of creativity, technology, and security to new horizons.

What is Crypto artworkThanks to NFT technology, it is possible to certify the authenticity of digital artworks just like in traditional art through the artist’s signature.

However, the difference lies in the ability to replicate a digital artwork infinitely without losing its intellectual property, as it is protected by the blockchain.

As mentioned earlier, for the sale of crypto art, numerous user-friendly marketplaces have emerged due to its recent widespread popularity. Additionally, artworks can also be purchased through digital art galleries.

Below, you will have the opportunity to delve into the underlying mechanism of crypto art, starting from the creative process of the artwork and concluding with its sale.

1. Creation of the digital artwork

The creation of the digital artwork begins with the artist’s creative process. From the initial idea to its digital form, it is then exhibited and promoted on various marketplaces.

Each artist chooses their preferred method and style, considering that unlike traditional art forms, in NFT art there are no artistic movements or external influences. Therefore, every crypto artist is completely free to follow their inspiration without constraints.

The artwork can be originated physically and then digitized, or it can be created using specific hardware and software. The important aspect is that it is reproducible on digital media. The formats of digital artworks can include GIFs, MP4 videos, JPG images, motion graphics, or 3D files.

One fundamental aspect, if you are considering becoming a crypto artist, is to create your portfolio that represents you and your art.

2. Authentication with smart contract

As mentioned earlier, what gives authenticity to a digital artwork is the NFT, which acts as the “passport” of the artwork. A non-fungible token (NFT) can gather various information such as:

  • The artist’s identity;
  • When the artwork was created;
  • How many copies exist;

Each artwork needs to be authenticated through a smart contract. This creates an identity document that guarantees the authenticity of the digital artwork.

Thanks to NFT technology, the artwork can be reproduced infinitely, but the ownership of the crypto artist always remains unique. Once your artwork has been certified, you can put it up for sale on one of the available platforms.

3. Selling crypto art

The buying and selling of crypto art NFTs takes place through Blockchain platforms using cryptocurrencies such as Bitcoin or Ethereum, which are the most common currencies in the field of crypto art.

Collectors can purchase artworks through smart contracts by transferring the agreed amount directly to the artist’s wallet or digital portfolio. The records on the blockchain then guarantee the authenticity of the purchased artwork.

It’s interesting to note that NFTs related to the art world represent 9% of the overall volume. However, these values are continuously increasing, indicating the constant growth of this new artistic movement.

You should know that the crypto art market has reached substantial figures. Some artworks have reached prices equivalent to 2.3 million units (cryptocurrencies).

In recent years, to keep up with the new trends, even some renowned auction houses like Christie’s have started selling NFTs. For example, the artist Beeple’s artwork, which had an initial value of $100, reached a value of almost $70,000,000.

How to Become a Crypto Artist

Becoming a crypto art exponent is a recognized profession. What distinguishes this artistic phenomenon is its democratic nature, as anyone who wants to venture into this field has the opportunity to experiment freely.

But how do you become a crypto artist? Below are the 3 fundamental steps to become part of the digital art community.

1. Create your digital artwork

Creating the digital artwork is, of course, the first step. It can start with a clear idea in your head or a pencil sketch that you can later digitize using dedicated software.

How to make crypto artAnother method to create your artwork is by using specialized graphic tablets, which allow you to draw and process the artwork directly on a computer.

The subject should not be chosen randomly; you can let your imagination roam, perhaps choosing themes of a more dreamlike or abstract nature, or subjects of a political or social nature.

There are no predefined rules regarding the composition of the artwork. It is crucial to avoid plagiarism. Originality is a fundamental and essential factor.

2. Authenticate your artwork

Once the artwork is created, you can authenticate it using NFTs.

First, you need to purchase or create your NFTs. You can do this on various blockchains, with the most famous one being Ethereum, a platform with its own currency (Ether) supported by the most important NFT markets. Converting NFTs has a cost. To proceed on the Ethereum platform, you need to open your wallet and deposit at least some starting Ether. You can create your wallet using Metamask, which is available as a free app for Android and iOS.

Once you have created your wallet, you can purchase Ether. It is advisable to have at least $100 worth of Ether as cryptocurrency prices can fluctuate based on daily market conditions.

A free alternative for minting NFTs is provided by OpenSea, one of the largest marketplaces that allows you to mint NFTs without any cost. This is made possible through the type of token that the platform creates during the minting process.

Whichever option you choose, remember to connect a wallet to create your account.

3. Sell your artwork on top NFT art marketplaces

You can open your wallet through a marketplace of your choice, but it is essential that the wallet and the platform are connected. Once your artwork is authenticated, and you have your wallet, make sure you have:

  • The private key, similar to a PIN, which is used to access the restricted area of your wallet;
  • The public key, which corresponds to an IBAN, to receive payments.

Some platforms offer the opportunity to freely upload and sell your artwork, conduct auctions, and manage the entire sales process. These platforms are accessible to anyone who wants to explore this new art technology and join the crypto art movement.

3 examples of successful crypto artists

The phenomenon of Beeple

Beeple is the pseudonym of artist Mike Winkelmann, a 39-year-old illustrator and crypto artist born in Charleston, South Carolina. His style combines pop culture and technology with post-apocalyptic scenarios and clear political and current affairs references.

Beeple creates his artworks entirely on the computer, and his most famous piece is undoubtedly “Everyday,” which he started on May 1, 2007, documenting every single day of his life through images.

The technological art of Pak

Active in the digital art world for over twenty years, Pak utilizes technology and its continuous evolution to create increasingly cutting-edge and extreme artworks. In this case as well, Pak is a pseudonym, and despite their long career, their true identity remains unknown.

In addition to being a highly active crypto artist, Pak has founded Undream studio and created Archillect, a system that uses artificial intelligence to discover and share visual media.

The innovation of Fewocious

Feowcious, born Victor Langlois, is the youngest artist in the field of NFT art. Thanks to their remarkable talent, they have earned numerous accolades, despite never receiving support from their family.

Victor started selling his first digital artworks on the SuperRare platform, through which he quickly earned an average of $7,320 per sale.

Thanks to crypto art, Victor has had the opportunity to explore new spaces and diversify the formats of his works, such as customized sneakers in collaboration with Artifact Studios.

Conclusion

The crypto art movement is continuously expanding as more and more artists are shifting from traditional art to digital art.

Due to its inclusivity, it allows anyone to express their creativity. Therefore, if you aspire to become a crypto artist, feel free to unleash your creativity, keeping in mind these essential aspects:

  • Utilize crypto art platforms and marketplaces to showcase and sell your artwork;
  • Stay connected with the crypto art community to learn about emerging trends and technologies;
  • Consider the legal and financial aspects of crypto art, such as copyright and taxation;
  • Experiment with different digital mediums and formats to push the boundaries of your creativity;
  • Embrace the decentralized and transparent nature of blockchain technology that underlies crypto art.

By embracing these elements, you can embark on an exciting journey as a crypto artist and contribute to the ever-evolving world of digital art.

  • Your artwork should be digital;
  • Avoid plagiarism;
  • Authenticate your creation with a smart contract;
  • Create your wallet and link it to your preferred marketplace;
  • Join the community of top crypto artists.

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nicole.molteni4@gmail.com

nicole.molteni4@gmail.com

As a lover of Digital Marketing and SEO, I have embarked on a journey that I hope will lead me to fulfill a dream, but most importantly, to discover and realize myself! “There is a room where everything can be faced, everything can be resolved, everything can be healed. It is the room of dreams!”

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