The Parallels Between NFT Art And Photography To learn more about NFTs (non-fungible tokens), see our article - What Exactly Are NFTs - Fungible Vs. NFTs are used to establish ownership and create scarcity of a digital asset, assigning value to the asset being represented. That being said, however, NFT art can definitely be considered a new addition to the art market. NFT art shouldn’t be confused with being a new art form or artistic medium as even digital art, which is most commonly represented by NFTs has been around for decades. NFT art is quite simply a piece of digital art, the ownership of which is represented by a non-fungible token with its unique data stored on the public digital ledger known as the blockchain.

Those are just some of the parallels between NFT art and photography and we’ll be looking in depth at those parallels and more in this article.Įven in their brief history, NFTs have brought about huge changes to visual culture and the art world in a similar way to photography, but to begin with, let’s define exactly what NFT art is.

NFT art and photography share a surprising amount of common ground neither were immediately accepted nor embraced by the art establishments yet they both managed the make art more accessible, as well as change the entire trajectory of art history.

Parallels nft