The Year of Digital Art by CoinQuora

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2022: the year of digital art

    • Digital art has become synonymous with NFT.
    • NFTs have become the founding financial value of digital art.
    • French artist Philippe Pasqua releases his third NFT collection.

Non-Fungible Tokens NFTs, which are like deeds, are a combination of computer files, proof of ownership and legality. They are recorded on a blockchain, which is a tamper-proof digital public record, similar to cryptocurrencies like .

Like dollars, cryptocurrencies are “fungible”, which means that one bitcoin is always worth the same as another bitcoin. Meanwhile, NFTs have unique values ​​set by the highest bidder, such as Rembrandt or Picasso.

Digital art has quickly become synonymous with NFT. With this level of comfort, many digital artists have rushed in wholeheartedly, fueled by years of work generating traffic and interactions on Big Tech platforms like Facebook (NASDAQ:) and Instagram without earning anything in return.

These artists of all kinds – authors, singers and filmmakers – see a future in which NFTs change both their creative process and the way the public perceives art now that it is truly possible to “own” and selling digital art for the first time.

Due to its accessibility, digital art has long been underestimated. NFTs provide the crucial element of scarcity to help artists establish financial value for their work. If they know the original version exists, some collectors are more likely to seek out the “authentic” thing.

Scarcity is one reason baseball card collectors are willing to spend $3.12 million on a piece of cardboard with a picture of Honorus Wagner, a famous Pittsburgh pirate. It’s also why sneakerheads swoon Nike (NYSE:) and the latest limited editions from Adidas and why “pharmaceutical brother” Martin Shkreli paid $2 million for Wu-Tang Clan’s only copy of Once Upon a Time in Shaolin in 2015.

Therefore, coming from a traditional artistic background, the perfect example of this is the beginning of Philippe Pasqua. A well-known French artist, who, after releasing two NFT collections, is preparing a third. “Papillon” and “Vanity” were the first two collections that both hit under 10 minutes.

This makes the third collection: WEN bigger and better! The date chosen for the launch, 02/22/22, has a special connotation that will be revealed to admirers of traditional and digital art. Thus, making it a not so random date.

One of the most eye-catching features of this launch is that if you own a WEN NFT, you can choose to win a Lamborghini that was tattooed by the same artist a few years ago, sold, and then bought back. And is now worth over half a million dollars.

The Philippe Pasqua NFTs will also give you access to a digital metaverse that the artist is creating – with the main goal of bringing traditional art even closer to the digital world. You can find out more about WEN by joining the Discord channel, which is the right place for fans, NFTs and artists of Philipe to further admire his artwork and stay up to date with all the latest developments.

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