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Why NFT Art is Worth More Than Gold: The Surprising Truth About the Future of Art Collecting

NFTs, or non-fungible tokens, have taken the art world by storm. These digital tokens, which are used to certify ownership and provenance of digital assets, are changing the way we think about art. But why is NFT art considered more valuable than traditional, non-tokenized art? In this essay, we will explore the unique qualities of NFTs that make them particularly valuable for digital art, and examine how these qualities are changing the way we think about the art market as a whole.

One of the key features of NFTs is that they are unique. Unlike traditional digital art, which can be easily copied and distributed, NFTs are one-of-a-kind, and their authenticity can be verified using blockchain technology. This uniqueness is what makes NFTs particularly valuable for digital art, as it guarantees that the art you own is truly original.

Another important aspect of NFTs is their ability to establish provenance. Because NFTs are tracked on the blockchain, it is possible to see the entire history of an artwork, including who has owned it and when. This allows for a level of transparency and accountability that is not possible with traditional art. Additionally, it also makes it possible to prevent fraud and ensuring that the art you buy is legitimate.

Furthermore, NFTs allow for the creation of unique and limited editions of digital art. This is something that was not possible with traditional digital art. The ability to create limited editions not only creates scarcity, but also allows for the artist to have more control over their work and how it is distributed.

Peter Schjeldahl, a prominent art critic, states “NFTs are not just a new way of buying and selling digital art, they are a new way of thinking about art itself”. NFTs are changing the way we think about ownership and provenance, and they are allowing us to see digital art in a whole new light.

In conclusion, NFTs are revolutionizing the art world by providing a new level of authenticity, transparency and control for digital art. They are creating a new market for digital art, and this is just the beginning. As Jerry Saltz, a senior art critic at New York Magazine, puts it “NFTs are the way of the future of art world”. As technology continues to evolve, we can expect to see more and more NFTs being used to certify ownership and provenance of all sorts of digital assets.

  1. Saltz, Jerry. “The NFT Craze Is a Harbinger of Something Bigger.” New York Magazine, 15 March 2021,

  2. Schjeldahl, Peter. “The NFT Boom: What’s Really Going On?” The New Yorker, 14 March 2021,

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