art: Digital arts trends and best NFT platforms in 2022

art: Digital arts trends and best NFT platforms in 2022

< Show Wisdom Collection: Digital arts trends and best NFT platforms in 2022article avatarR F

Engineer

Are you bullish or bearish regarding NFT digital art development for the next 12 months?

I'm not quite bullish. We're just at the beginning of a new trend for digital art development. Examples as ‘NBA Top Shot’ by Dapper Labs, a blockchain-based platform that allows fans to buy, sell and trade NBA highlights as digital tokens, provide a bright future.

What are the most exciting trends in NFT digital arts and why?

One of the most exciting trends right now is ‘NBA Top Shot’, as I said before. And this can be replicated by other professional sports teams and leagues, because they realize the potential to create new fan connections and experiences.

What potential risks do you see that will slow down the industry?

From my point of view, the main threat can be an exuberant price bubble. Examples as 'Everydays: The First 5000 Days', by Beeple, sold by more $69M in a Christie's auction, are insane. It’s great because gives a lot of advertising but can generate a price bubble.

What new NFT platforms did you discover recently?

I could mention NFThub, which is a community-based portal into the world of NFTs and is taking a good approach to be more accessible, better understood, and less hectic to navigate.

article avatarElisée Yao

cryptopreneur

Are you bullish or bearish regarding NFT digital art development for the next 12 months?

Regarding NFT markets for the next 12 months i am so confident and bearish.The growth of digital art market is taking over the cryptoworld.Let us invest in it

What are the most exciting trends in NFT digital arts and why?

The most exciting trends in NFT digital are the fact that popular Celebrities,exchanges ,investors known are getting in it.APENFT is one i really like

What potential risks do you see that will slow down the industry?

what porential risks ??? i see none. the speedway is so transparent to run fast and follow the changes.No doubt it is getting over and over markets

What new NFT platforms did you discover recently?

art blocks, chill,Rare ,apenft ,cryptomories, ethermonkeys ,moose,cryptoadz,mutant ape yacht.Mad rabbit ,eponym ,fast food,forgotten runes,axie infinity

article avatarOlakunle Ajagbe

Student

Are you bullish or bearish regarding NFT digital art development for the next 12 months?

Well firstly am so glad this topic came up here. Well NFT art is a unique opportunity to the crypto currency and art as a all.- You like the art- And this is where we have something called "rarity", the more rare an art is, the more positive influence it will have on its pricing.. Eg if the artist creates 100 pieces of art containing black and white, and only 2 of them have an extra colour in them which is gold... Do you think the ones with gold color will sell for the same price with the remaining 98 which are just black and white? Definitely not... Why? Those two are rare! So if the artist is selling the basic 98 arts with black and white for $1k, the same seller can decide to list those two with golden colours for $3k and there will be buyers that will purchase it because they're unique and different from the rest. 👌

What are the most exciting trends in NFT digital arts and why?

I can say am excited about APENFT and FASHION The reason why you can do such is because these are fungible tokens.. You can swap them which means they are available everywhere. 1 SOL here in Nigeria is the same 1 SOL in UK, same with USA and anywhere else in the world, but NFTs are unique and you can't have duplicates of it because there can be only one of such NFT, and that NFT is registered on the Blockchain network... That registration is what makes it unique, even though anyone else can "right click > save" or screenshot the picture, they don't own the real NFT, what they have is just a mere JPEG because the signature lies with you and not them which means the legal ownership. The signature is what you sell and transfer for money, and this is what makes the term "non-fungible token". So say you buy a NFT built on the Ethereum Blockchain, the Nft would be registered in your name, it can be from a collection/project, but once you mint/buy it, the ownership gets transferred to you.. And when there's a lot of demand for the project, the floor price (least amount you can buy a NFT for) for the NFTs increase, and this is where basic economics come in play which is the concept of demand and supply.

What potential risks do you see that will slow down the industry?

It's not like crypto currency its a art and design Yippee... Let's go, 😊😌 NFTS(DIGITAL ART CRYPTOs) What are NFTs? NFTs stand for Non-fungible Token which are tokens that can't be swapped for another. For instance a 500 naira note in your pocket is the same note in mine, that's what fungibility means. But a NFT is unique and can't be duplicated anywhere else in the world. That's what non-fungibility is. And unique items have more value compared to non- unique ones. And that's where the concept of demand and supply comes in, If there's a lot of demand for a unique NFT collection, there'll be increase in it's cost because people value it, and there's no amount that's "too much" when it comes to the valuation of a unique item. That's why people would pay 150k+ for an Azul in a club and not for a Hennessy bottle because they term it more valuable than the Hennessy... And that's why we have people paying hundreds of thousands to millions of dollars for images JPEGs that you may see as "just images" and you may wonder why.... Their uniqueness is what makes them that expensive. NFTs are just digital assets... But unlike basic Cryptocurrencies like BTC, ETH, they can't be swapped because they're unique, you know on Binance you can swap BTC/USDT, or SOL/BUSD.

What new NFT platforms did you discover recently?

APENFT and FASHION I like the platform and APE as wellAnyways, for the ready ones, The famous artist Leonardo Da Vinci created hundreds or probably thousands of arts during his time, but why is it the painting of Monalisa that stands out? It's because it's unique... The present valuation of that art is over $860 million, is it just a picture? Definitely not... The artist Leonardo Da Vinci is a legendary man, the art was drawn in the early 15th century... These are the factors that make the art very expensive. So if you're looking to buy NFTs, rarity is one of the biggest influencers of price, and that's why people pay heavy prices for purchasing those rare NFTs. I think you should be able to get somethings from this. Big shout out to @PaulOla_ One of the best crypto coaches in Nigeria I will set up another day for this when I see more energetic and better response from y'all Thank you all and God bless👋

article avatarJacek Kołodziejczak

Blockchain | Web Developer

Are you bullish or bearish regarding NFT digital art development for the next 12 months?

I believe that for the next 12 months NFT digital art development has great potential for development as we discover new transfer methods for artists, painters and singers.

What are the most exciting trends in NFT digital arts and why?

I believe that the most exciting trends in NTF digital arts are musicians and painters. I think because they have a lot of fans, they evoke emotions and the music and art market is worth a lot of money.

What potential risks do you see that will slow down the industry?

I don't think there are many risks. The only thing that comes to mind at the moment are the risks associated with legal regulations and the prohibition of digital currencies and crypto assets in certain countries.

What new NFT platforms did you discover recently?

recently I find https://www.terravirtua.io/ I is a truly immersive collectible platform across Mobile, AR and VR with unique social, gaming and creative experiences, enabled by blockchain.

article avatarAthanasios Sarigiannidis

Algorithm creator, coder, chem. engineer,trader,investor

Are you bullish or bearish regarding NFT digital art development for the next 12 months?

being bullish or bearish on a field of blockchain that is still on early discovery mode is not my kind of prediction I easilly adopt. NFTs have huge space to grow still and what we have so far is nothing more than a Beta demo. not quite a demo not even a Beta.

What are the most exciting trends in NFT digital arts and why?

royalties and distribution of wealth on top of artists /creations /art is the most usable aspect of this tokenization of everything that we shall see in the next 3 to 8 years. the fan will finally be an active member of his/her favorite artist and the contribution and involvement will only make NFTs stronger and stronger each year.

What potential risks do you see that will slow down the industry?

there's no downside that someone can apply on a Dao that people vote and democracy live on its finest form like I'm ancient Greece. if we really analyse the NFT field under a fully decentrilized blochchain or even a Dao then I see 0 downside. only up and up as they say.

What new NFT platforms did you discover recently?

opensea is my newest platform I'm using. rarity and some new corners of decentraland have recently cought my attention. I really believe that the older platforms will be rewarded in the next cycle when NFT won't be the exotic part of blockchain but it will be something engraved on every fan/artist.

article avatarDevin Hummel

Artist

Are you bullish or bearish regarding NFT digital art development for the next 12 months?

Bearish. I believe that although there is potential high earnings, it could be a bubble that is easily targeted and exploited by bad actors from inside and outside nearly all NFT projects

What are the most exciting trends in NFT digital arts and why?

I believe the best and most excited are the developments in gaming around NFTs and blockchain technology. They are much more exciting and rewarding than paying lots of ETH for prospective digital art.

What potential risks do you see that will slow down the industry?

Inflation of fiat and international scandal will cause the market to contract and the NFT industry will lose steam. Stories of hacking and rug pulls will lower the incentives for potential investors.”

What new NFT platforms did you discover recently?

Skyweaver, the upcoming card game in beta (on test xdai currently) and yieldly, a defi/nft platform on the algorand blockchain. They are both a little unique and inexpensive (or free) to get started on.

article avatarJohanan Orok

Engineering Technologist

Are you bullish or bearish regarding NFT digital art development for the next 12 months?

I'm very bulish on NFTs for the next 12 months. Infact, I feel picking the right nFTs to invest now can be the difference between loosing out or making huge 10 to 1000x profits in the next 12 months

What are the most exciting trends in NFT digital arts and why?

Art galleries ( images , pictures )and drawings, NFT games are the current trend although music is gradually bring introduced. It's easier for laymen and people who are new into crypto to easily understand games, pictures, drawings as embedded with codes

What potential risks do you see that will slow down the industry?

1. Scams ... As with things that are invogue and popular, as NFTs become popular, I see fraudulent developers creating scams and presenting to NFT novices. Of course , the newbies are not able to separate between scams and real NFTs , what makes an NFT unique and it's rarity, how the codes can be checked and all. So it's easy for scammers to create fake. 2. Theft. Intellectual property theft may occur because a lot of people who didn't produce an item may decide to mint it as an nFT without the knowledge of the original authour

What new NFT platforms did you discover recently?

Coinbase recently launchedthier nft platform. Binance also has a newly launched platform For decentralized nft's Opensea is a great platform For website, I'm looking at Gamefi

article avatarözgür karadeniz

student

Are you bullish or bearish regarding NFT digital art development for the next 12 months?

nft will always keep rising. It offers easy income for many designers. In addition, the constantly valued digital collection will continue to be a favorite of designers and investors.

What are the most exciting trends in NFT digital arts and why?

It is realized with an infrastructure that is easy to put on the market and find buyers again. This makes it easy to reach many people. nft market will progress stronger.

What potential risks do you see that will slow down the industry?

The hacking of many stock markets and the resulting insecurity can create a negative opinion for investors. Strong measures to be taken in the long term will keep the process safer.

What new NFT platforms did you discover recently?

With the new platform announced by binance owner cz, the nftb project will form the basis of the industry's new digital art media. In a short time, more different projects will follow.

article avatarMuhammad Fathul Himam

Daily Trading Alt+Btc

Are you bullish or bearish regarding NFT digital art development for the next 12 months?

Very Bullish, because NFT digital art can be very helpful for nft designers, photographers, music studios and nft-based digital content creators, because of the ease of payment via blockchain. And the advantages of the blockchain for Nft's created cannot be duplicated by other parties.

What are the most exciting trends in NFT digital arts and why?

painting and avatar, because painting has its own meaning for the maker and is liked by the owner, if the avatar may be unique because it has its own characteristics.

What potential risks do you see that will slow down the industry?

lack of knowledge about Nft, and lack of education to the general public about blockchain technology, so that it will hinder the Nft industry

What new NFT platforms did you discover recently?

I found a lot of Nft projects on the Solana and Terra network, because of the large number of new Nft productions there. For now, many blockchain networks are making Nft products.

article avatarMwila Wise

General Manager @ Excoincial Exchange

Are you bullish or bearish regarding NFT digital art development for the next 12 months?

I am bullish regarding NFT digital art development for the next 12 months because of a number of factors like many known artists are entering the sphere for instance Snoop Dogg and Bow wow are selling their art work. The NFT digital art is giving the true utility of cryptocurrencies in real world and thus it will be bullish.

What are the most exciting trends in NFT digital arts and why?

NFTs are trending due to the number of factors prior to their usercases eg; some digital arts are mintable for a period of time, winning some art work in games like GameFi. Also not forgetting that ball game players have also shown much interest like Lionel Messi, Shark O'Neil selling their art work together with musicians.

What potential risks do you see that will slow down the industry?

Copyright issues will increase thus theft and illegal copying of other people's art work thus bringing down the credibility of the industry. Fake platforms are soon mushrooming selling counterfeit art work.

What new NFT platforms did you discover recently?

The new NFT platforms I discovered are mekaverse, Axie Infinity, Cryptopunks, Gods of Rock, Chill frogs NFT, Pancakeswap Squad, The doge NFT, Punk Floor, SuperRare.co and OpenSea.

This is not a financial advice. Please do your own research and consider the risks of trading cryptocurrencies.

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