3 Predictions for the Future of Art NFTs

3 predictions for how art NFTs will benefit artists, collectors and art lovers.

1.The Democratization of the Arts

NFTs are giving artists opportunities to create art and distribute it through online channels, bypassing traditional watchdogs that have dictated what art is and who has access to it for centuries. Blockchain transactions also allow artists to be directly supported by their audience and control their own careers.

2.Increased Diversity and Representation

The digitization of art and the rise of blockchain technology and NFTs will transform key players and influencers in the space for art to more represent the world around us.

3.New Methods and Media

Artists are already creating on digital canvases, making their work accessible through VR or AR, and prioritizing the created experience over a static, passive object.