Ultimate Satoshi on Nostr: 56. Bitcoin and Art: Revolutionizing Art Sales In the art world, Bitcoin enables ...
56. Bitcoin and Art: Revolutionizing Art Sales
In the art world, Bitcoin enables artists to sell their works directly to collectors via NFT (non-fungible token) platforms.
For example, Beeple, a digital artist, sold a work of digital art for $69 million in 2021, marking a turning point in the acceptance of NFTs.
This not only gave artists a new source of income, but also enabled buyers to own authentic works, verifiable on the blockchain.
Artists can receive royalties on each resale, which was previously not possible in the traditional art market .
#bitcoin #btc
#nostr #zap #zapathon #studybitcoin
In the art world, Bitcoin enables artists to sell their works directly to collectors via NFT (non-fungible token) platforms.
For example, Beeple, a digital artist, sold a work of digital art for $69 million in 2021, marking a turning point in the acceptance of NFTs.
This not only gave artists a new source of income, but also enabled buyers to own authentic works, verifiable on the blockchain.
Artists can receive royalties on each resale, which was previously not possible in the traditional art market .
#bitcoin #btc
#nostr #zap #zapathon #studybitcoin