What is art NFT?

Art NFTs can be physical pieces of artwork that are digitized, or they can be natively created using digital tools. OpenSea supports both non-fungible tokens and semi-fungible tokens. When an item is fungible, it means it’s interchangeable with another of the same item.

What are the NFT selling options for digital art?

Eplore the NFT selling options for digital artwork and how you can get started in this developing field. Non-fungible token (NFT) art refers to digital assets stored on a blockchain that represent content or even physical items. Art mediums that NFTs can represent include digital drawings, paintings, music, film, poetry, or books.

What makes NFTS so novel?

What makes NFTs so novel is that they’re bought and sold through exchanges, so anyone can see the last transaction. For instance, one of the most popular collections of NFT art are the Bored Apes, a group of 10,000 cartoons with randomly generated features (sunglasses, a hat) that help determine their value.

What is the job outlook for NFT artists?

According to the US Bureau of Labor Statistics (BLS), the job outlook for artists, in general, is projected to grow by 6 percent from 2021 to 2031 [ 1 ]. The NFT artist's career outlook depends on the amount of artwork sold and the price it sells for. You can earn royalties on subsequent sales if the buyer resells the digital art.