price: Digital arts trends and best NFT platforms in 2022

price: 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 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 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

What new NFT platforms did you discover recently?

Many I like Bake from Binance. https://www.bakeryswap.org/ They are the owners of a series of popular IDOs as RACA, TOKAU and DOGGY. It's wonderful NFT market. They allow users to create their own NFTs and sell on their platform It's fair game for all. And Binance just invest 1 billion $ in BSC. So Bake will go far more.

article avatarTobi Micheal Olaitan

Manager / Crypto Passionate

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

I am bullish! This is because art is life. The intellectual property of man's creativity must continually be appreciated and rewarded. The beauty and uniqueness of NFTs will make it to be sought after. The only changes we may see with time is the regulation of price tag to the exact worth of each art piece and not an exorbitant and unwarranted price. I am bullish the market will grow more in a year to come.

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

The most exciting trends are the game tokens such as Axie Infinity which gave airdrop to its early adopters which worth thousands of dollars. Mist, CiFi, etc which had sporadic multiples. It is also amazing that some games cannot be played except one hold some NFTs which serve as the cartridge to run the game. Amazing moments and lots more.

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

Unimaginable and exorbitant price. When this is corrected, the buy pressure will reduce. Although correction is needed, but the hype will reduce while the actual people who need it and truly value the art pieces beyond profit making, will stay.

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 avatarMirb .

Investment Specialist,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 avatarHabibie Ashauqi

Courrier

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

I hope bullish of course even i not hold the NFT digital art I not interested the funtions of the NFT digital art however i just follow the trends maybe i can have from airdrop

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

I don't know because NFT digital art is so bias persepsion every single person is different maybe i like ones but some people not like.NFt digital art just for crazi rich people

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

We can change the risk for opportunity because the situasion make the price down for some people thats mean serok time and when situasion going better we are go to the moon

What new NFT platforms did you discover recently?

I don't like NFT digital art i not interested for discover everything about that because i don't know how funtions the NFT digital art but i won digital art from airdrop itu just want to sell that

article avatararief Gondo kusumo

Designer

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

Bullish. Now have been much NFT on other blockchain like luna and solana this is really trend on social media . And so hype . All collection trending generative

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

Nft generative now on trending because collectors looking about royality and future about project launch . So this opportunity about populer generative art on digital art

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

To many paperhand on project generative art this is will be broke price NFTs. And will be risk for collectors and to many fud about community on group

What new NFT platforms did you discover recently?

Platform on Terra station this very early and so big hype for NFTs. And really easy and small fees. Now already there project success with this platform like Galatic punk and lunabulls trending on platform Randomearth

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.

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

The global collectibles market – including physical trading cards, games, toys, cars, and more – is a $370 BILLION market. That’s more than 1,000X bigger. By our logic, then, the global NFT market can (and will) grow by 1,000-fold over the next 10-plus years…

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

When it comes to liquidity — how readily an asset can be exchanged for cash — NFTs are a lot more like baseball cards or paintings than bitcoin or stocks, because every seller needs to find a buyer who's willing to pay a certain price for a particular, one-of-a-kind item.

What new NFT platforms did you discover recently?

WEYU is the world’s first Multi-Chain Platform designed specifically for the NFT resale market. As the tokenization of items such as collectibles, art, music, content, property, and everything in-between becomes the norm, WEYU believes that the mass adoption tipping point will come from simple-to-use platforms that cater to the average internet user.

article avatarIdika Ezinne

Teacher/entrepreneur /crypto enthusiast

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

I am bullish regarding NFT digital art development because it's the next big thing in the crypto space. I see it growing stronger because new digital artistes are springing up daily. But if the minting price keeps increasing then there's a tendency of a bearish downtrend

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

The most exciting trends in NFT are the NFTs on atomic hub,ApenNFTs, POAPs and recently the Algo Umbrellas. Most of these NFTs are on opensea market and rarible, which makes it easier for the NFTs to be listed for sale.

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

I see some risks in the industry, especially in the minting. If the project source is not legal and for some projects that require wallets to be connected to the website,it exposes such wallets to scams

What new NFT platforms did you discover recently?

The most recent NFT platform is the Pancakeswap,nanobash,oneof NFT, AlgoNFTs, ParasNFT on near wallet, rarible,Iotex,ComingChat platform,jumpnet on Enjin and a whole lot of others

article avatarAlfred Solomon

HR

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

Yes, as of this moment NFT become more hype and i feel bullish about it from play to earn up to the NFT market place its a trend that you don't have to miss

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

For me when market and artist collide and creates a bullish momentum it's absolutely an upward trend and no one can stop that. I can't wait to have that play to earn and NFT market at the same platform NFT will play a big role for Crypto explosion

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

The market is volatile all around the world we can't tell the future Covid 19 outbreak for example it cause a huge impact on crypto and that cause a bearish market, I also see hacking as a risk

What new NFT platforms did you discover recently?

I discover the DC Fandom, and Nifty space jam. They are new to the market but the price is expensive I'm pretty sure that crypto enthusiasts will really love it!

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

Experience Experty at its fullest

Join to unleash the power of crypto wisdom and never feel FOMO again.

Waitlist