NFTs: digitalizing art to a new level
With the advent of Web3 and metaverse realms, digitalization has become ubiquitous, and several industries have experienced unprecedented growth. Art is one such industry that has met new peaks in the digital world. Imagine you are an artist, and you need safety from theft for your artwork. And, there is a landscape where you can decentralize your art and earn profit. Here is where the Web3 tech—NFT— plays an important role. Your artwork can be protected from mutability, theft, damage, and copyright violations.
Yes, this is about Non-Fungible Token (NFT) art, a new definition of bringing art to the digital world! It’s not just art but music, poetry, books, film, domain names, memes, and more that can be converted to NFTs. The technology behind these unique digital collections protects your creativity and ownership, provides you with intellectual property rights for your original work, and ensures global accessibility. Importantly, NFTs are mostly built on the Ethereum blockchain due to its strong smart contract capabilities. These tokens are thus transacted using Ethereum (ETH) coins.
Now let’s check some art and paintings that have been turned into vibrant NFTs.
Notable NFTs on OpenSea marketplace
- Doodles
Created and co-founded by Scott Martin, also known by the pseudonym Burnt Toast in 2021, Doodles is a next-generation storytelling art that has become a juggernaut among the most trending NFTs according to the OpenSea NFT marketplace. Hap and Mello are the main characters in the original Doodle art. However, the NFTs represent the vinyl figure Hap. You can access 10,000 Doodle NFTs picturing hundreds of Hap characters with colorful faces, hats, facial expressions, hairstyles, and other unique traits. - World of Women
For women by women! Another unique asset that has created a record of 10,000 NFT collections! World of Women (WoW), co-founded by artist Yam Karkai, particularly aims for women’s empowerment; “bridging social and financial gaps” for women leaders and builders of art, tech, and culture. WoW currently costs a floor price of 0.44 ETH and shows a volume of 2 million ETH. - Azuki
Anime-inspired 10,000 hand-drawn NFTs launched in January 2022. A team of Los Angeles-based crypto and tech artists— Chiru Labs— created Azuki NFT. The project is inspired by the action game, “The World Ends With You,” and the American skateboarding magazine “Thrasher.” This NFT is a favorite piece for profile picture lovers. The price of one NFT is 2.52 ETH, with a total trading volume of 837,276 ETH.
- The Bored Ape Yacht Club
The Bored Ape Yacht Club (BAYC) is another set of 10,000 digital collectibles built on the Ethereum blockchain. These are unique hand-drawn pictures of cartoon apes in different colours and traits. It’s digital graffiti wall, THE BATHROOM, is a space where the members of Bored Ape Yacht Club can do artworks on a collaborative virtual canvas. With a total volume of 1,606,934 ETH, the NFT costs 14.2 ETH.
- NimBuds
Crypto art creator and cartoon animator Bryan Brinkman created NimBuds NFTs, featuring cumulonimbus clouds (dense clouds)in various colours, bodies, wires, eyes, mouths, and more. These attractive NFTs created on the Ethereum blockchain have a total volume of 1,213 ETH and a floor price hovering at 0.48 ETH. So far, there are nearly 400 NimBuds NFTs.
- Pudgy Penguins
Isn’t it refreshing when an NFT promotes positive vibes, empathy, love, and compassion? If so, Pudgy Penguins with a collection of 8,888 NFTs could be your favourite ones! Designed by Antoine Mingo in 2021, these unique collections display various penguins dressed up in different costumes. Like other NFTs, Pudgy Penguins also work on the Ethereum chain with a floor price of 9.85 ETH.
The existence of blockchain technology is what makes NFTs alive. Although these digital assets are not akin to cryptocurrencies in terms of value, it’s a creative way to generate and protect self-made works on Web3. As artists eye more on digital art and NFT conversions, there will be an exponential rise in NFT artworks. For an artist, the protection and safety of their work is as important as their life!
