What is cryptography art?

Since art is the most common use for NFTs, it makes sense that crypto art in the form of NFTs has recently gained a lot of popularity. Many creative people, who had only ever dreamed of such ease and accessibility before, were drawn to the novel blockchain technology because it creates the conditions that enable artists to earn tens of millions of dollars from their digital paintings. Public attention has been paid to sensational, high-profile auctions of NFTs linked to digital art. Because they raised millions of dollars, the most expensive sales made headlines. "Merge," created by digital artist Pak under a pseudonym, was the most expensive NFT in 2022, costing $91.8 million. Everyday: In 2021, Beeple's First 5000 Days NFT collection by artist Mike Winkelmann was sold for $69.3 million in another extremely high-priced auction. The term "crypto art" refers to one-of-a-kind works of art created by well-known artists and offered for sale at auction on marketplaces that include both well-known NFT platforms and conventional auction houses like Sotheby's and Christie's. Nevertheless, the majority of crypto-related art is being created by novices with unknown talent. However, generative art can be seen in some NFT collections, such as the pioneering CryptoPunks or the most hyped Bored Ape Yacht Club. Various autonomous systems are typically utilized in the creation of this kind of art. The pictures in these well-known collections are made by putting together a variety of simple picture elements in different combinations.