X-rays: From GIFs, to videos and paintings: NFTs are gaining prominence in the world of art

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Contemporary artists around the globe have been trying to free art from the confines of art galleries and make it accessible to people. While some advocate bringing art to public spaces, others have chosen a more modern approach — digitising art. The latter, in the form of non-fungible tokens (NFTs), has come to the rescue of the artist community in the pandemic when physical galleries and museums closed their doors for exhibition and sale of artwork.

NFTs are also helping artists earn royalties for the resale of their work, and preventing plagiarism. From meme artists, GIF makers and AI specialists, to graphic designers and sound engineers everyone’s involved in NFTs now.

Source: X-rays: From GIFs, to videos and paintings: NFTs are gaining prominence in the world of art – Times of India