What are the differences between crypto art and digital art? In spite of the fact that both crypto art and digital art relate to the artwork, there is a lot of difference between the two.
This is the right place to gain some knowledge about the differences between these two art forms. Crypto art typically refers to the crypto-themed artworks.
This means that these art forms typically deal with specific subject matters that involve crypto currency and blockchain technology.
The focus can be on different subject matters such as the culture, economics, politics, or philosophy.
Digital art, on the other hand, is particularly a practice or an artwork that uses digital technology to create a presentation.
There are different names given to this art form since its start way back in the 1960s such as multimedia art or computer art.
7 Differences Between Crypto Art and Digital Art
Apart from the above difference in the definition, here are a few other basic differences between crypto art and digital art for you to know.
The crypto art forms cannot be reproduced due to the NFT. On the other hand, you should be a bit careful while dealing with digital art pieces because these can be copied very easily and readily. All it needs is a simple copying of a file.
2. Value Creation
The value of a crypto artwork is primarily created due to its scarcity. The value of a particular crypto art is placed by the people.
Being dealt in the primary market mainly, the value of the crypto art is typically based on the real or imagined relative availability as well as the type of work of the artist.
However, in comparison, the value of digital art is created mainly on the basis of the interests of the consumers and high-end collectors.
However, the huge audience of traditional art lovers also plays a significant role in the valuation of digital art since they are willing to buy such pieces at rates that are more affordable.
Moreover, the value of the piece largely depends on the principle of supply and demand once it goes out of the hands of the first buyer, though the primary dealer can also manage it.
When an artist sells a crypto art, he or she retains the copyright and also gets royalties from every sale of it made on the secondary market.
This is unique in the NFT marketplace as opposed to social media platforms and Instagram where they use the art any way they like without seeking permission from the artist for their own benefit.
They can modify and edit the artwork or simply sell it outright to make a profit off it. However, with crypto art and the NFT system, the profit is made by the artist on their own artwork.
As for digital art, the concept of original work of visual art is applicable when it comes to its copyright. It can be a limited edition copy where the pieces are consecutively numbered and signed by the artist or bear any other mark that identifies the original creator.
In this case, the digital art form also includes any digital drawing or painting illustration that is created using Corel Painter, Adobe Photoshop, or any other image-based software.
You will find a lot of crypto art marketplaces out there to sell your art on. The list includes invite-only and walled gardens like eBays. However, if you want some easy ones you can try out Async.art, Rarible, SuperRare, KnownOrigin, Nifty Gateway, and OpenSea.
On the other hand, you will also find some reliable marketplaces to sell your digital art. These are Etsy, Amazon, Zazzle, FineArtAmerica, UGallery, Saatchi Art, TurningArt, Shopify, and Society6.
5. Process to Buy and Sell
You will need to create an account with the chosen platform to signup with them and also link a crypto wallet along with it to start buying and selling your crypto art.
And, for buying and selling crypto art, you will first need to upload the file format of your crypto art. You may also add tags, set a description, set a ‘Buy It Now’ or minimum bid price, and even fix a time limit on the piece till when it will be up for sale.
Once all those are done, you will need to mint and tokenize your artwork and create the first ‘Drop’ which means putting your crypto art up for sale. Now you can sit back and relax to see the ETH roll in.
On the other hand, when you wish to buy and sell digital art on any platform, the sign up process is pretty similar to the above.
However, the process of trading your digital art involves manual selling which is the easiest way. You simply have to put up the artwork on the website or a social media platform and link to a payment system such as PayPal.
When you find a buyer, you simply have to email the file. You can also sell your work over a platform that will handle everything from logins to file delivery and payments. Additionally, they will also provide tools for marketing your product.
6. The Forms
There are different forms of crypto art which include music, digital graphics, programmable art, VR dreamscapes, graphic images, videos, GIFs, photography, and much more.
As for digital arts, there are also different forms of it such as fractal or algorithmic art, data moshing, dynamic painting, 2D and 3D computer graphics, digital photography, pixel art, photo painting, digital collage, 2D and 3D digital painting, manual vector drawing, integrated art or mixed media and hybrid painting, computer-generated painting and raster painting.
7. The Concept
The concept of crypto art is based on the thought of digital scarcity that allows owners to treat it like a physical good that they can collect, buy, sell, and trade. Since these are scarce, the buyers can even buy rights to reproduce the artwork or partial royalties.
On the other hand, in the broadest existing sense of digital art, it is a form that depends primarily on computer technology and involves digital encoding.
There is an electronic storage and different formats are used to process the information, numbers, texts, images, and sounds.
All these are done in the standard binary code. However, the process of incorporating digital encoding in computer-based art-making is extremely diverse.
Which is Better – Crypto Art and Digital Art?
Well, both crypto art and digital art have different uses and values that make one different from the other and therefore comparing them to find which one is better among them is quite difficult.
Ideally, the digital art market has seen a boom in the last decade with the advent and use of cryptocurrencies.
It is all due to the fact that both digital currencies and the NFTs or Non-Fungible Tokens have a distinct place in the art world.
It is due to the framework and the emerging technology of NFTs that has allowed people to post their artwork online for free and share them with the world for thousands of dollars each.
In addition to that, the best part of it is that it has allowed them to ascertain digital ownership over their work and get an accurate valuation for their efforts.
With all these beneficial features, the digital art world has experienced a boom in the sale of fully digital artwork.
There are lots of digital artists of different varieties who now do not have to resort to the social media platforms or exchanges to share their creations, which, historically, offered them very little in return.
It is all due to the newfound place – the NFTs system. This has, in fact, caused a few effects in the crypto art world as well, particularly in the past couple of months from the end of 2020 and early 2021.
Crypto art has also made a remarkable impression, and it is not only for art’s sake. Rather, it is now a productive investment.
People now look for much more than simple NFTs or Non-Fungible Token art.
They look around in the marketplaces for several other varieties of digital collectibles such as music, videos, installations, animations, and more.
Crypto art typically makes use of Ethereum but with blockchain technology which helps in storing information.
This has enabled crypto art forms to make waves in the global market.
The crypto arts are rare and digital and therefore have value and are easy to store.
These features not only give the buyer the rights to own such rare art pieces but also give the assurance that it will add to its value over time thereby making it a lucrative investment.
The art scene is democratized by crypto art due to the technology behind it which allows the artists to reach out to the world much easier and find new fans and a lot of buyers.
A Bitcoin or other crypto coin is fungible. This means that you can trade one type of coin for another and get the same thing.
In comparison, NFTs are unique and therefore have more value. People, therefore, hold their art pieces in the form of a digital coin.
They can make a purchase in lieu of cryptocurrencies and then convert it into fiat money such as the US Dollar.
Yes, to buy and sell crypto art, the primary coin that is used is Ether or ETH. You will always get or pay through ETH and then convert it into a non-crypto currency of your choice.
Therefore, considering all the facts and information mentioned above, it can be said that both digital art and crypto art are good enough to consider in this time and age where cryptocurrencies are fast becoming mainstream adoption.
However, if you want to consider things from the ROI perspective, crypto arts do have a significant edge over the digital art forms.
You will be able to make a clear and more decisive choice between crypto art and digital art when you know the differences between the two. Through this article, you surely have come to know about the facts that were unknown to you till now.
I have special interest in crypto and intend to help common people to gain knowledge about the digital asset as well as its potential. Follow Me at Linkedin.