What do you think of when you hear digital currency? Is it computers and flash drives? Maybe it’s 1s and 0s or complex algorithms you don’t understand. While math and programming does play a big part in the virtual currency world, other aspects are often overlooked by those new to the space. And these things don’t require you to be a tech enthusiast, let alone very educated in technology at all.
Despite popular belief, digital currency can be a tool for people outside of the tech world, including artists. Surprised? That’s right, there’s a lovely place for artists in digital currency. In fact, you can completely change the way you produce and consume art through virtual currency. With that, we’re going to look at three different websites that combine digital currency and visual art.
SuperRare’s name explains a lot about its concept on its own. Everything on this site is as the name suggests, Super Rare. With the growth of digital platforms, art has found its own place online. One of the concerns with this transition is the loss of the authenticity and rarity that comes with physical original art pieces. SuperRare combats this “issue” directly in a very unique way.
Taking this back to digital currency, SuperRare runs off of the Ethereum blockchain. Without getting too deep into what that entails, it means that the creation and transfer history of this specific piece of digital art can be tracked. This is done by associating every individual art piece with a Non-Fungible Token (NFT), making each virtual artwork just as irreplaceable as a physical one! The process allows users of the site to be “collectors” and amass varying amounts of unique digital art.
OpenSea is very similar to SuperRare in a lot of ways. The most obvious is that both of these sites use NFTs, which run on the blockchain to make everything sold on their site completely unique. Where these two sites differ is in their offerings. SuperRare focuses primarily on digital art, while OpenSea has art, collectibles, gaming items and more. Both of these sites are doing amazing things for the digital art community and bringing a new uniqueness to how artists distribute their talent.
Nifty Gateway, like our other two sites, also uses Non-Fungible Tokens on blockchain technology. Art pieces and videos displayed on this site are called “Nifties.” Unlike some other similar sites, Nifties can have 20 copies available to purchase or only one. In many ways, these Nifties are similar to trading cards, as many of them can be done in collaboration with celebrities or athletes, immensely boosting their value. The collectibles can be purchased through auctions and greatly range in value.
Overall, it is a common misconception that digital currency is something separated from art. In reality, the communities are more intertwined than you might think.
Disclaimer: The information and views supplied on the Coin Cloud blog are for educational and entertainment purposes only. We are not financial advisors, so please do your research and consult with a trusted financial specialist before investing your money.
Founded in 2014 in Las Vegas, Nevada, Coin Cloud is the leading digital currency machine (DCM) operator. With over 4,500 locations nationwide, in 48 states and Brazil, Coin Cloud operates the world’s largest and fastest-growing network of 100% two-way DCMs, a more advanced version of the Bitcoin ATM. Every Coin Cloud DCM empowers you to quickly and easily buy and sell over 40 cryptocurrency options with cash.
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