One year in NFTs

Mainstream media mainly covers PFP projects like Bored Apes or Cryptopunks. But I think that the real revolution is happening in digital art. A lot of people don't realize that digital artists didn't have the ability to sell "originals" before. Now they do. And it's really easy to buy and sell them. Beeple made his everydays for 14 years for free, anyone could download them. And he was "happy" if he could sell a few prints for $100. Now he's able to sell them for tens of millions. Digital art is art too, and its creators deserve to be appreciated for their work, which is what NFT technology allows them to do. When it comes to 3D art, people tend to think that somehow the computer does it all by itself and that it has no value. In fact, in some ways it is much more demanding than classical painting. Creating in 3D piece requires a deep knowledge of optics, physics, cinematography craft, lighting, texturing, digital sculpting, composition and also a good mastery of the necessary very complex software that takes many, many years. Plus a very powerful workstation, a fancy graphics card and expensive software.

In the NFT environment, everything evolves incredibly fast and there is a lot of competition. The number of artists and markets are rapidly increasing and this forces the creators to get the best out of themselves. And that's ultimately a very good thing. Because now they can be paid well for it. I am convinced that when future generations look back on this time, they will see it as the greatest artistic revolution and explosion of creativity since the Renaissance. And we can be there now and build it together.

Another great feature of NFT is royalties. You set what percentage of each secondary sale goes to you and the smart contract will automatically send it to you in the future.

NFTs solved one big problem associated with digital art. The Problem was, that with digital art, no artwork could really be considered as the true original. Everything was just “prints” or “copies”. This all changed thanks to a revolutionary technology called NFT. Now I can create 1 of 1 digital original and sell it for a price it deserves. The NFT is stored on a blockchain of Ethereum network and the owner can easily prove that he/she is the only owner of the artwork. It can be easily sold and the great thing is that I receive a percentage from every secondary sale forever. The NFT cannot be changed or deleted because it is stored securely on the blockchain. Recently renowned auction houses like Christie´s and Sotheby´s started to sell NFTs very successfully. This is a huge revolution, especially for digital artists like me. But many traditional artists like eg. Alex Grey or Damien Hirst started to use NFT technology too. I believe it will change the future of the art world forever.

No one knows how the NFTs will turn out in the future. Currently, only a few hundred thousand crypto wallets are trading with NFTs and some users are using more than one at a time, so the actual number is even lower. What will happen when there are millions, tens of millions or even hundreds of millions of users? Some say it's a bubble that will burst, others say it's a revolution that will be part of mainstream culture and business sooner or later. The most of NFTs will have no value in the future, others may be worth millions. Only time will tell. But one thing is certain, NFT has solved a long intractable problem: digital ownership. And that will be very important and necessary in the coming age of the Metaverse. It still has its problems, it's not perfect, gas fees are crazy, but every technology needs time to reach perfection and the people and developers behind the technology are brilliant, so I'm not worried. The only ones who can ruin the whole thing are our governments and banks, who still don't understand what's going on and are fighting for their monopoly on money creation. But web3 is not just about money. It's about our freedom, independence, decentralisation, demonopolisation and ownership of digital assets.