It IS my first @rodeodotclub 🐎
Incomplete 2.015. A piece that marked a transition in my artistic journey tossed aside collecting dust for 10 years.
Now reborn again, marking a new chapter in my journey.
10 reasons why digital art will be huge:
1. Digitization: The world has become increasingly digitized. Art will be no different.
2. Demographic shifts: Millennials and Gen Z will inherit trillions in wealth over the next 10 years (and will be in their prime earning years). They grew up with the internet and are comfortable buying digital goods.
3. Status squared: Like it or not, part of the motivation to purchase art is status. Digital art allows people to flex what they own across the world vs. just their home.
4. AR/VR tailwinds: People already spend more and more time online. This will only increase in the future with the rise of AR and VR, giving digital art additional utility (you’ll be able to create your own immersive digital art museum, for example).
5. Less friction. The traditional art market is one of the most inefficient markets in the world. People don’t have access. It’s difficult to buy and sell. Fees are exorbitant. There are storage costs. Digital art can be traded 24/7 and will be increasingly liquid.
6. It’s fun: Digital art is the most enjoyable corner of crypto. People will lose money on memecoins and never come back. A decent % of people who are exposed to digital art will stay and become evangelists.
7. Evangelism: Communities will form around digital artists and art collections. These communities will help to spread key collections and cement their status as cultural fixtures.
8. Verifiably scarce: In an increasingly post-scarcity world driven by AI, value will accrue to verifiable scarce assets, of which digital art NFTs will be one of only few.
9. Bitcoin tailwind: Digital art prices have been correlated with the price of Bitcoin and Ethereum. While this increases volatility, it will further drive prices higher over time.
10. The signs are already there. While down from the peak, digital art NFT sales were up 10x in 2024 from 2020. We’ve also seen increasing traditional art world acceptance with Christie’s and Sotheby's auctions and LACMA’s involvement as examples.
Digital art will be the next major art movement. It’s only a matter of time.
Gm! Becoming is my first collection at Nifty Gateway. It's a celebration of self-growth, the journey to become the better version of self. "Flourishing, Relentlessly" & "The Awakening" will be available to mint on Feb 13th, 9 am EST (24 hours OE)
RTs are so appreciated! TGIF🤍
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