Cryptoart | How Far Is Crypto Art From Becoming Popular?

In 2021, encrypted art, as a new collection method of digital art, has attracted our attention. As of the first three months of 2021, the total transaction volume of the NFT market has exceeded 1.5 billion U.S. dollars, an increase of more than 2627% from the previous month, and more than millions. The NFT works of has been sold, and the blockchain technology is drawing a brand new cultural industry map. Does this mean that encryption art has moved into popular culture? What is encryption art, when and where did it originate, and in what form will it exist and develop in the future?

Copyright has always been a pain point for artworks. We know that digital GIFs and MP3s are easy to copy and do not need to be referenced or attributed to the original creator. Outside of law enforcement, there is no way to track the copyright of artworks and trace the footprints of artworks.

With the birth of the blockchain, people have seen the value of the encrypted economy, and encrypted art has also emerged. It is supported by blockchain technology. Artworks are confirmed or stored on a decentralized blockchain. Really owned, the artist can not be restricted to a third party or an intermediary for distribution. Anyone (regardless of race, nationality, geographic location) can trade, transfer, and even destroy.