work: Digital arts trends and best NFT platforms in 2022

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.

Disck jokey

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

many people do not understand and how to use an industry. So because of that many industries are slow to progress and are ogled by investors to enter

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

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

Crypto Trader, Investor, Crypto Expert

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

For nearly the entire history of digital assets — and cryptocurrencies like Bitcoin and Ethereum — one criticism has consumed the economy of thought: the pretense that digital assets aren’t real, aren’t backed by anything, and therefore are not worth anything at all. In truth though, there have been few asset classes or investing opportunities that have taken the growth curve of cryptocurrency and digital assets. To most investors, it doesn’t matter that crypto is backed by nothing but sentiment — they’re making money anyway. Perhaps that’s what’s fueling a burgeoning new class of digital assets called non-fungible tokens (NFTs). NFTs are tokens which represent ownership of limited-run digital assets or collectables like art, music, trading cards, shoes or even items in video games. The idea of fungibility is where NFT gets its name. Bitcoin (BTC) or Ethereum (ETH) is considered fungible because the coins themselves are interchangeable; all currencies are indistinguishable from each other and have the same value. Non-fungible refers to the way in which each token (and the asset it represents) is unique from one another. For the crypto-skeptics who think BTC and ETH are already unorthodox, NFTs and other digital assets push convention even further. However, the NFT market might feel like familiar territory for gamers and digital natives. The idea of “digital collectables” are the backbone of some of the world’s biggest video games. Counterstrike: Global Offense, League of Legends, ROBLOX, Team Fortress 2 and Fortnite boast bustling digital economies. Some even allow users to craft, buy, sell or exchange digital goods. The gaming industry has been crucial to the history of NFTs. However, unlike the guns or gear you get in your favorite video game, NFTs are verifiably scarce and cover more use-cases. It might be used as a means for content creators, companies and other players to monetize or trade assets. The NFT space is in its infancy. And as such, many people are bullish on its prospect to enable new means for creators, companies and other parties to monetize virtual items, digital content and more. So, Bullish is breaking down and demystifying the current NFT ecosystem:

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.

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

Non-fungible tokens or NFTs are a completely new type of digital asset, thereby implying the possibilities for radical fluctuations and uncertainty in the NFT ecosystem. The common types of NFT challenges include the following,Legal and regulatory challenges Evaluation challenges Intellectual Property or IP rights Cybersecurity and fraud risks Anti-money laundering (AML) and CFT challenges Smart contract risks and NFT maintenance Consideration of NFTs as securities Environmental Social Governance (ESG) challenges

What new NFT platforms did you discover recently?

NBA Top Shot Marketplace One of the first NFT series to gain traction with the wider public, NBA Top Shot is a set of digital trading cards featuring NBA video highlight clips. Once you purchase a pack, clips are stored in your secure, encrypted blockchain-verified wallet, where you can view them or re-sell them on the NBA Top Shot Marketplace. The secret to NBA Top Shot’s success is that creators Dapper Labs have made it simple for the mainstream user to get started. The easiest way to sign up for NBA Top Shot is to link your Google account to Dapper, after which you’ll be asked to enter your phone number for SMS authentication.

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

I love art and most of my art are original and legit which I couldn't mimic it after I drew it. I love showing i to all nation about it and hope could find a way for collectors to inspire it. But thing change

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

What new NFT platforms did you discover recently?

None. I still sitting in my desk creating art I loved. Due financial difficulties now, it gonna took me a few while till I can get back to nft

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

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

well i can't say or analysis for risk that slow down the industry, all can see is great opportunity in the future, is been a while now i following the NFT market and i can see the value

What new NFT platforms did you discover recently?

i have been join and get NFT collection from Comingchat and booming rightnow, and solanaart for example and highly value NFT in the market also there's a million participate in their marketplace

Trader

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

bullish regarding NFT Digital art development for the next 12 months, I think this is good because it is a form of appreciation for the artists in appreciating their work

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

I think this is good because it is a form of appreciation for the artists in appreciating their work, and also profitable for collectors. So that this can support the development of the NFT ecosystem itself

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

It is difficult to say whether NFT will be widely used in the coming years. Obviously, there is great interest in them right now, as well as some potential benefits. However, the technology is still in its infancy, and there are many challenges to overcome. The whole future of NFT depends on the next generation, how that generation can affect the value of NFT itself. Investing in NFT can be a speculative and risky investment

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.”

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

A lot of new innovative solutions are coming out everyday by leveraging properties of NFTs. Some of the most striking trends as per my opinion, are shared here. NFT collectible games, Celebrity Arts and NFT Cards of celebrities and assets.

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.

Profesional

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

I think NFT artwork will be very bullish because digital NFT is a very meaningful and cool work of art whatever it is a work of art will always be appreciated with high value

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

what is very interesting about NFT art that is digitally depicted and gives a very creative and imaginative picture and with a broad understanding and the owner will feel what is depicted digitally

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

obstacles that will occur if digital NFT artwork has no special meaning and origin in the manufacture of digital and monotonous NFT which makes NFT worthless

What new NFT platforms did you discover recently?

the latest coinbase NFT platform created to make digital art of high value and very new value for those who really value digital NFT art as a vast and collectible market that makes digital NFT prices even higher

Audio Engineer

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

I dig the NFT-Showroom on the HIVE blockchain, I have come across mindblowing artists. Minting your own NFT on the NFT-Showroom is easy & has reasonable fees. I am looking forward to all the developments in the crypto world & can’t wait to see what’s to come next, exciting times!!

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

As a musician I celebrate music NFTs, they empower the artists on so many levels & through creating unique pieces of art they satisfy the listeners like never before.

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

Copyright infringement, it is already a huge issue, too many do not respect the work of others, I have a feeling that could become a bigger problem

What new NFT platforms did you discover recently?

I discovered the NFT-Showroom which is built on the HIVE blockchain. There is Splinterlands, a play to earn NFT card battle game. Last but not least, I recommend checking out AUDIUS, a music platform run by the community.

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