NFT art is not only a way to earn by digitizing your work online but also by making the valuable asset of work reach millions.
NFT Artists of India can put their digital assets like artworks, audio files, videos, and even tweets, for auction over the blockchain-based NFT marketplace to gain royalty.
With Kulturemint- featured artist NFT marketplace, Artists can make money through –
- Play-to-Earn games: These new kinds of games enable you to own the assets you earn or unlock in a game. You can collect and sell these NFTs within a game's store or on a marketplace.
- Collecting: Many people collect NFTs, and spot new projects until their values increase.
- Flipping NFTS: Buying NFTs to sell them at a higher price.
- Investing in new NFTs: If you're serious about getting into NFTs you'll want to find projects you like and get in early.
- Create your NFT: The success of NFTs is that anyone with a computer can create one, and even an NFT collection to fund other projects.
5 ways the best NFT marketplace for artists are changing the way the world works!
Non-fungible tokens or NFTs are digital tokens tied to digital assets that can be bought, sold, and traded, possibly enabling artists to profit from their work easier than ever before.
To see how NFTs are changing the way artists create art, let’s look at five ways NFTs have revolutionized the art industry.
- They Give The Power To the Artist
NFTs allow artists to tokenize their work, giving it uniqueness and value, which allows the artist to sell digital copies of their work.
With NFTs, they can tie their work to a smart contract that triggers royalty payments every time the piece of work is sold, kind of like how a recording artist is given money every time his or her song is played on the radio. This puts the artist firmly in the driver’s seat.
- Giving Artists Multiple Revenue Streams
Before NFTs, artists could only sell physical copies of their work. With tokenization, they can sell digital artwork and keep the ownership of the copyright to their original work which means they can still sell the physical copy if they want while continuing to make a profit from the digital copies.
- Auction Houses and Galleries no longer are the Gatekeepers
Like many things on the internet, NFTs have democratized how artwork is sold. No longer do you have people with an inflated sense of self-worth dictating what is and what is not good art. The public can now decide. The auction houses and galleries no longer have control over the artists’ careers and that’s a good thing.
- Artists Are Given Freedom of Expression
One of the many things that NFT celebrates is freedom of expression, with no limitations on the medium. An artist is not restricted to a traditional form of art, such as a photograph or an acrylic painting on canvas. In the world of NFTs, the limits are only defined by what one can imagine. Tweets, GIFs, videos, and music are just the beginning of what artists can create.
- Changing How We View Ownership
NFTs allow for online assets to have verifiable scarcity and ownership that cannot be manipulated. They bring the elements that endow physical art and assets with value into the digital area.
As blockchain technology continues to evolve, the NFT ecosystem will evolve alongside, growing not just in size but in complexity and opportunity, providing artists with almost untapped opportunities.
