In recent months, cryptocurrency art has dominated investing headlines. But you’re certainly not alone if you have no idea what crypto art is. Dan Schatt and Domenic Carosa realize this and want to help. They got together to create Earnity to offer everyone a chance to be a crypto master.
What Exactly Is Crypto Art?
Crypto art is a type of digital art. It’s handled like a tangible art collection, with owners able to prove they own a piece of crypto art. Paintings and sculptures have long been collected according to established processes in the art world.
However, even though these artworks already existed, there was no real way for individuals to gather digital artwork until today. Now, you can accomplish precisely that using crypto art and NFTs.
Digital visuals, music, virtual reality dreamscapes, and programmed art are all examples of crypto art.
How Do You Purchase Crypto Art?
Blockchain technology underpins the NFTs used to purchase crypto art. It will be simpler to understand how NFTs function if you are already familiar with bitcoin or blockchain.
If you are not familiar with bitcoin or blockchain technology, Earnity is a great place to start. Fintech experts Dan Schatt and Domenic Carosa created a platform where users have the freedom to ask any crypto-related questions about the crypto world.
Digital currencies employ blockchain technology. The blockchain provides a secure, computerized record of transactions.
A specific crypto network is used by crypto art and its connected marketplaces. The Ethereum network is used by most, but not all, NFTs, which means that all transactions are carried out in Ethereum. You don’t always need to hold Ethereum cryptocurrency to buy art on these sites, though.
Because policies differ, you may be required to acquire cryptocurrency to purchase crypto art in some circumstances. It is necessary to have a basic understanding of how blockchain and cryptocurrencies function.