JOSHA’s Critical Review of “Crypto Art: A New Era in Art vs. Adventure Challenges” by Taras Habrel
Neher Aseem Parimoo,
Roland Mertelsmann
Affiliation: Journal of Science, Humanities, and Arts, Freiburg im Breisgau, Germany
Keywords: Digital Art, Crypto Art, Cryptocurrency, Blockchain, NFTs
Categories: News and Views, Visual Arts, Architecture and Design
DOI: 10.17160/josha.10.4.911
Languages: English
This article explores crypto art, a new phenomenon in the art world, and compares its challenges and advantages with the traditional art market. It argues that NFTs have brought legitimacy to digital art and offer a transparent and fair alternative for artists seeking financial independence. While acknowledging potential environmental impacts, the article concludes by outlining possible scenarios for the future development of crypto art worldwide. However, it also highlights the significant legal issues that must be addressed for a fair and sustainable market for artists and collectors.