Life is full of various natural or artificial artworks, and we always feel the beauty and impact these artworks bring to us.
How do we derive the value of an artwork?
The specific [artistic value] of the artwork, our most intuitive feeling is the [aesthetic value] of this work, and the [economic value] projected to the currency. Of course, in addition to the two, there is also the [epoch value] which is the most important factor when considering the value of the artworks. In essence, the decisive factor affecting the price of art is more than just the artistic value of the art itself and the rarity. But, the attention the artwork could grab.
Therefore, when more people pay attention to a rare artwork, the price of the artwork skyrockets.
Putting artworks on the blockchain makes it easier to be confirmed and gives it time value. Let us enter the world of encrypted artwork together — NFT.
Many organizations have made a lot of efforts and attempts to advance the NFT sector. For instance, the Block 21 sold by Christie’s at a high price is a work of art in the NFT asset. It is a portrait of Satoshi Nakamoto, the anonymous founder of Bitcoin. Block 21 is the epitome of the market’s attention to the encrypted artworks.
One day before its auction, DeFi Arts Intelligencer (DeFi Arts Intelligencer) calculated that in the past month, the monthly transaction volume of the Ethereum art platform SuperRare reached a record high of $777,000. In addition, the monthly trading volume of OpenSea, the largest trading platform in the NFT sector, exceeded US$2.75 million, which also broke the daily record.
It was the enthusiasm for these artworks that met a project party who was very obsessed with Monet. Through the combination of all of Monet’s artworks and encrypted NFT. Monet’s on-chain rebirth was realized, and Monet and his works were given more choices and value. I hope that the players can re-recognize Monet and understand the beauty of encryption art in this process.
You need to explore all the surprises yourself. The acquisition of artworks not only allows you to gain huge wealth, but more importantly, it allows you to participate in the rebirth of a great painter and to help promote his works and his contributions to human civilization. Art never extinguishes, civilization never dies.
