Digital arts trends and best NFT platforms in 2022

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Digital arts trends and best NFT platforms in 2022

NFTs are still growing in popularity. Many creators seize an opportunity and bring to market new NFTs to monetize their work through it. We asked our specialists about digital art development in the coming year.
Even now we have a variety of options to select from. Starting with the Kings of Leon album, ending with many digital paintings for example from Beeple. Also, we asked our users about the most exciting trends in NFT digital arts, potential threats that might stifle the industry's growth, and new NFT platforms.

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We have asked 548 Experty community members questions related to "Digital arts trends and best NFT platforms in 2022". We have received many valuable replies, the best ones (based on Experty community feedback) you can read below.

article 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.

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 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 avatarJames Barcus

IT VP

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

I am both, depending on the market. Obviously on the precipice of a huge alt season I am hugely bullish, but mostly in the NFT projects over actual NFTs. Once the alt season winds down I will be more bearish.

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

I think the most exiting trends would have to be in the new ecosystems that are supporting NFTs and the new marketplaces that are being ran on those blockchains. NFT minting on ETH is just too expensive.

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

I do not see much. A world-wide disaster or war. Other than that NFTs have shown remarkable resilience through all this years FUD, and there has been a lot of it.

What new NFT platforms did you discover recently?

NFTb has some pretty great NFTs. Ethernity as well. I am waiting for the new marketplaces in Cardano, Algorand's Abris, and Fantom's Artion. There are other NFT-like platforms starting to perform like Centrifuge, and Landshare, as well as music NFTs like Opulous and Audio.

article avatarOlakunle Whitehorse

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.

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

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.

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.

article avatarHenry Bill

Trader

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

One good question. It is difficult to accurately predict the price trend of a token or a certain type of token. The market is bull now. NFT is hot trend. Coinbase just release NFT and NFT market. So In the short term NFT and NFT tokens will remain bullish Long term like one year two years or 5 years. The NFT market and the crypto market will continue to rise. But between the ups and downs there will be corrections down. And you have to be mentally prepared for that. Take profits when the target is reached and wait for a nice buy zone when the price drops Good luck !

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

Unique and popular in the world. They are very helpful to gaming I like it. The arts are not for all. But now we can own them very easy. It's wonderful The gaming is monopolized by the manufacturer. They make arts and money and sell for player. The Player not sell again. But now with NTF digital we can

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

Risk is always present in all investment fields. You can see in real estate when it is frozen. There are some concerns here. Governments don't like crypto activities and the industries associated with it. As China ban ban and ban. But not problem, The market is huge and they can self-regulate

article avatarMwila Wise

Listing Head @ Excoincial Exchange

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.

article avatarIndigo Skypers

Investor retail

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

the most interesting trend is the variety of nft from paintings and cryptopunk that are viral, there are so many nft breakthroughs this year which are so highly rated by people who collect them

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

long manufacturing time and takes years will produce fatal results but satisfying results, and very tense with bad news that slows down and becomes small in the eyes of people

What new NFT platforms did you discover recently?

XWG, Flipper, cropper, metahero, waggle, agld, 42 labs, zenicon studio hash divine collection 8 bit nifts omgart apesclub thebonus kidz damage airex

article avatarGatot Sumarseno

Pancasila

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

Bulish,because there are many enthusiasts in the NFT world and this is a place for artists and creators to show off their art.and I believe that losing nft is getting more advanced and many enthusiasts or investors are looking at it

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

works of art, because it is a classy work of art that can be used for a collection and can be traded on the market or p2p. And that's where a breakthrough is for artists to work and show their creative ideas

What new NFT platforms did you discover recently?

a new breakthrough coinbase and binance opened the NFT market for well-known NFT creators. that's a very good breakthrough to make NFT more advanced

article avatarKenneth Enenche

Music Producer

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

NFT digital art development is something that shook the foundations of cryptocurrency. It has very well changed the value of artworks and artists as the value of their work are easily seen and rewarded... I am very bullish on the idea of NFT digital art development

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

The most exciting for me is being able to create arts and then get value for them almost immediately at very affordable rates. This has brought the art community closer and create a value chain for artists

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

With the digital age comes alot of digital footprints.. one of the potential risk I can forsee is fake artists copying stealing the digital arts of real artistes especially for the unsuspecting newbies in crypto who might end up buying fake arts

What new NFT platforms did you discover recently?

Recently, NFT platforms on Solana and Internet Computer has been mind blowing. DigitalEyes, Solanart, MagicDen, Entropy on IC... Great platforms

article avatarAl-Rashid Sahial

Crypto Trader, Investor, Crypto Expert

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

Solana is an open-source and public blockchain platform. It works under the technology known as distributed ledger technology. Therefore Solana has a decentralized working ecosystem, meaning it attains consensus via proof of work and proof of history. Additionally, Solana facilitates p2p exchanges for its internal digital currencies. Moreover, it can perform around 50,000 exchanges per second. And in addition to all this, it is the cheapest to mint. 😉 The following images are demo and have a security seal that the real Elvis will not have.

article avatarJohn Alvin Palmero

Customer Service Represenative

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

Some are bearish, some are bullish. That depends on the area of the NFT that you're trying to purchas or to get. There are NFT games that are doing good right now. Some are just good at the beginning

article avatarChai Teck ming

Street Artist

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

Depending on how much you willing afford to spend on and Hold unto it. For me, still bearish but no for long-term. Nft keep changing pace without need to show legitimate of art work.

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

No variation in the true love of art. Everyone do it due to the fact of profit in short term. Potential create fake ID to snatch someone. Lack of security

article avatarphi hian

mechanics

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

bullish is the best choice i must say, the market of NFT has been rocket for the past few month and is just the beginning, i think NFT will becoming the more valuable than cryptocurrency soon.

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

digital file in formats such as JPEG, , acronyms that mean Non-Fungible Token. why ? becouse anything can be a work of art, a stamp, a letter, even a tweet, as long as it is in the digital ecosystem. As it is not fungible, it refers to the fact that it is not interchangeable since there is only one, the NFTs are unique and although there may be imitations Like any physical work of art, it remains unrepeatable and verifiable. and although the work is still visible on the internet for any user, only one person has its certificate of originality that also guarantees that it belongs to them, that is thanks to the NFT

article avatarGecille Marie Campecino

Artist, Programmer

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

As on my opinion, NFT arts is a new 'up trend' as many people loves the idea of it. The higher the demand,the more bullish it is. I think NFT Digital Art is a new era of Art Movement and of course would always be a trend since many people are now engaged in crypto industry.

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

Honestly, millenial era is really hard to pin point which one would be a hit. There was even one NFT of a plain red color sold at thousand dollars(in Eth)! I mean like what could even be more interesting in a plain red color? It is because it is an NFT! My suggestion, think of a single character with different designs, minted in like a collectible series. Maybe an NFT for a cause could be nice. Overall, it is just about people's engagement, supply and demand, and also a good marketing.

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

Like what I have mentioned in the recent questions, these industries are highly dependent on the supply and demand. Economic loss maybe (like what happened on the first corona outbreak). Also please bear in mind that these industry is cryptocurrency related. When crypto goes down, so also with it.

article avatarHendra Cipta

Fisherman

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

I hope for the next 12 months, NFT is everyone's art creation, the best NFT is the most valuable. but not everyone can understand NFT, not everyone understands art, even though art is an inspiration that comes out of the soul of someone who has the value of beauty

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

NFT in the digital world has received little attention, and interest, because of the wide choice of art. But with the exchange rate in the Crypto world, hopefully NFT can be successful in the future

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

Public interest, lack of knowledge and information and communication technology products and quality of goods that are easy to imitate, which makes it difficult for people to distinguish between genuine and fake

article avatarMahmud Mahmuddah

Back End Developer

What new NFT platforms did you discover recently?

A lot, like valkrio, overlord ,aegis immutable god unchain, wonder hero and much more i literally want to try all the game i f i could but nit every game launch yet

article avatarDelia Retno Gajatri

Trader

What new NFT platforms did you discover recently?

Anima Users tend to be able to interact with NFTs via their digital wallets, but as time goes on, such tokens will, and indeed already are acquiring more functionality. Anima, for example, combines the worlds of non-fungible tokens and Augmented Reality (AR), with tokens on its platform usable in what it calls the “camera metaverse.”

article avatarTobi Micheal Olaitan

Manager / Crypto Passionate

What new NFT platforms did you discover recently?

Nanobash, Coinbase NFT Marketplace, AxieDoge, FTX, PancakeSwap NFTs are some newly discovered platforms. I believe they will bring greatly support the industry.

article avatarShijin T

Investor

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

I am bullish on NFT digital art development, in fact I believe Alts season starts with very bullish for NFT digital art and gaming tokens. This industry is booming and lot of creative use cases are created everyday. Applications of NFTs are increasing day by day. This trend is gonna stay for few more years.

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

There are so many NFT digital arts are coming up everyday. It is also very easy to portray a work as from famous artist or celebrity, there is no central authority to verify all these fake NFTs. If NFT market is flooded with so many such fake items and items which are of no value, can be disastrous for this space.

What new NFT platforms did you discover recently?

Solsea, Efinity, Solanart.io and unqndt.io are few NFT platform I have come across recently. Apart from old and very well established NFT platforms like Opensea, Superrare, rarible etc.

article avatarFatai-Ayoade Lateef Adekunle

Electrical Engineer. Trading & Poultry.

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

Although I was an sculpture carving artist on waste-to-wealth then, yet not deeply involved and interested in other aspects of arts generally, and in particular when NFTs started being mentioned in digital assets sphere, l'm still being confusing till now, in a nutshell meaning l don't think l will ever be/being bullish about NFTs, even in future.

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

I don't think l will ever being interested in trying to know much anything about NTF digital art most exciting trends , talkless trying to knowing why anything trending in that aspect.

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

One of potential risks slowing down the industry (NTFs) is non-wide acceptability by many people like me, even being partially involved in arts. And secondly, why will I place my hard earned money on what l'm so fascinated about and in particular, what I can't touch or handle physically. And thirdly physical artworks are difficult to sell, not to say of untouched art, but only being seeing always virtually.

article avatarMaxime Lecoustre

Software engineer

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

In my think, the more exciting way is hybrid art between digital owning as NFT assets with VR technology to see in "real life" arts. That would be more consistent art that just png file stored on Blockchain.

article avatarRapheal Samuel

Entrepreneur and crypto investor

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

NFT projects are nice and it's a more fun way to earn money in the crypto market now. NFT is definitely going to be bullish in the next 12 months because of the massive adoption its currently having.

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

Basically I don't see any risk. And I doubt that most NFT projects could be scam unlike most defi developers who create scam tokens just for crowd funding or for their own gains. But NFT is a different approach on its own

What new NFT platforms did you discover recently?

Well the only one I know is opensea, and also binance can be used to mint NFTs to some extent. Opensea is what I know more about and I doubt if other nft platforms exits

article avatarWinarto Winarto

Im full telemarketer crypto and telegram also trader

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

The current trend is digital art which has use cases in the cryptocurrency industry such as play2earn and others. many artists are now creating 3D works and applying them in NFT. looks very interesting and has an element of art in it

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

This risk has been seen since the days of DeFI, and shitcoins. and it is possible that such risks will also arise in the NFTs industry. like a scam,Mint at a very high cost, the creators Take advantage of themselves. and copyright art itself

article avatarKrisdiansyah 09

Trader

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

I predict it will be bullish gradually due to the influence of the times, moreover investors will get to know more about crypto, automatically the power of NFT to go up will happen more and more

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

human life now has two dimensions, the digital world and the real world, the real world has interesting things such as music, entertainment, art etc, as well as NFT, NFT is art in the digital world or the internet

article avatarNanda Oktasaputra

Trader, investor, market analytic

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

Very bullish i have held several nfts on several blockchains as, eth, Polygon, near, nuls, bsc, and i'm sure next year there will be more. because I'm sure that next year NFT will be popular

article avatarDavid Filip

Product Manager

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

I am quite bearish as I think the NFT market is overheated right now and many project will fall. It resembles me the 2017 ICO hype. There is only real value in the top few projects.

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

There is the hype around collections of 10000 pieces. I think the trend should be focused outside of the digital art to more use cases such real estate etc.

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

There will be huge crash and the NFT market will cool off eventually which will help the market end of the day. There is also risk that the focus will shift to other new cool crypto things.

article avatarnoe tsertsvadze

Mechanic

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

Beyond the noise surrounding frenetic NFT flipping, the circus of new platforms, and wild cryptocurrency fluctuations, the key takeaway from the past nine months has been the emergence of a new digital frontier, one in which the roles of creators, collectors, art gatekeepers, and, indeed, audiences is radically changing.

article avatarPierre Jean

Crypto Investor

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

I am bullish about NFT as more artistes and professionals are beginning to come into the scene. It's only a matter of time before we see the real usecases

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

Having musical albums, arts all together on blockchain are a new experience for fans and other people out there. It's a whole new experience if u ask me

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

I am not sure if the risk of counterfeiting is completely addressed. Also listing unbelievable art works for ridiculous prices is a let down

What new NFT platforms did you discover recently?

I came across a few such as sorare, rarible, opensea and some others But sorare caters to the footballing world which makes it a game changer owing to the number of football fans in the sport

article avatarMirb Investments

Crypto Currency Specialist,Analyst

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

Digital art will evolve over the next 12 months and gradually prices will become much more realistic and acceptable with many customers.Digital art was a must.

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

NFT has a great future globally, although it is currently going through a period where in many cases the price estimate was not correct and it is a great threat for much more mass adoption, but the end of mass frivolous price offers is approaching. NFT will become more and more necessary and important in space. I would like to mention the Bloktopia application, which will be very important in the transition from insignificant to essential. Bloktopia will most likely be at the top in 2022 and in the next few years NFT will have a rapid transition to increasingly important and purposeful human projects.

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

The potential risk has been unrealistically priced in many cases and this has slowed the industry and that risk will continue in the future until it improves over time.

What new NFT platforms did you discover recently?

That is Bloktopia application, which will be very important in the transition from insignificant to essential ➡️NFT - and Bloktopia will most likely be at the top in 2022 and in the next few years NFT will have a rapid transition to increasingly importantand purposeful human projects.

article avatarJANE CHANG

investor

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

As soon as digital entertainment became just as “good” as physical entertainment, everyone started streaming Netflix, Disney+, and HBO Max, and now, the digital entertainment industry is on the cusp of being bigger than the physical entertainment market.

Summary

Currently, NFTs are a big part of the blockchain industry. NFTs help artists reach a broader audience than publishing through physical media. All indicates that they are here to stay for a long time.
Most asked Experty users share their optimistic opinion regarding NFT digital art development for the next 12 months. This sector is exploding, and every day new innovative applications are being developed. NFT apps are being used daily more frequently. Of course, not all of asked share the same views. There might be a potential for big profits, but also there is a danger about it being a bubble.
In addition, our users don't see many big threats that would stifle the industry's growth. One of the biggest risks is no central authority that can verify all of the NFTs. If the market is flooded with so many fake, meaningless items, it can be disastrous for this space.
Focusing on the bright side, there are a lot of exciting projects. Including gaming, fashion, or even the music section. A similar situation we can find about platforms. If you are interested in this topic, we encourage you to read the comments.

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

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