The NFT Art Industry needs its own seperate article/video.
We’ve seen the last few record sales come from this industry. It makes sense as the Art Industry itself is enormous, it doesn’t take that much to bring it online, (unlike creating games), and people in crypt have a ton of money and collector desire.
So a lot coming together here.
The current list of Art Platforms taking the lions share of sales volume,
Each are slightly different but to summarize,
Has an artist application process
Only sells 1/1 editions, (single – unique pieces)
Has a LOT of collectors on the platform
has been around for 2 years with an established ‘average Art price’ growth record,
No application process
Anyone can mint not just Art, but tickets, codes, anything really
Has a ‘governance token’ that has liquidity on uniswap
Has a 75,000/week allocated drop for users of the platform
Good platform for beginner artists that want to get their feet wet
Does a LOT of sales volume
Usually people use their twitter/social handles to market their work
They find big/established artists and personalities and bring them to the platform
Drop art every Thursday
Sell art in USD along with ETH
Hot Secondary market, (can usually pick up cheap primary pieces)
Parent company is Winklevoss Twins
Also have an artist application process
Aren’t restricted to 1/1’s, can do multi editions
Does decent sales volume
Has an Artist Application process
Can do multi-editions
Used by many Artists
Artists can create their own contracts
Extremely focussed on the Decentralized nature of the industry
Anyone can create their own ‘store’.
Can sell tickets, art, etc.
A universal marketplace
People also use it to create ‘Art Stores’
Popular artists use it
A LOT of general NFT enthusiasts watch the Opensea marketplace