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Which is basically like a public book that records all transactions. This thing is verified by a public block chain. The artist can chose to make more copies, but can’t duplicate that particular signature, just like with real art, where you can get a “perfect” fake that looks like the original, but isn’t. Essentially, you are getting a digital signature embedded in your artwork. In the past, you could own a limited reproduction of an artwork, for example in silkscreen, but only the ones with the original artist’s signature had any real value. This method, watermarks each digital file using blockchain, and “tokenizes” them, giving the same value as a signed artwork. The original problem is that all digital art is not distinguishable from the original, as you can have an unlimited number of identical copies. But you got to remember that the more you have, the cheaper they will be. There is a bunch of stuff like drops, basically “releases” some images have one edition, some have a run of 20. People who buy it in the hopes of selling it for more later. Who created it, who bought it, who big on it, who the last owner is. Or you can directly check the block chain, which has a record of the whole life of the token. But it’s possible to log on to the websites that deal in crypto art and check who the owner is and how much it costs. Obviously no one is stopping you from just playing the images and telling your friends you own them. Friends come over, the owner can brag that they just bought this for $5.5k.

Hang a plasma on the wall which shows off what art they own. There are 2 basic people who buy crypto art. with the bonus that the original artist gets a % of the sale if the art work rises in price when you sell. The basic concept is: if you have extra money, you can now buy digital art ownership and brag to your friend that you are the owner. So you heard about Beeple making 3.5million in a weekend with it?Ĭrypto art is an umbrella term for a system used to verify ownership of a digital piece of art.

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