Faiz is reporting here. NFTs started debates in the world of art because there are two types of people: those who believe NFT is a revolutionary force and those who believe in physical art. So now the question that comes to mind is, will NFTs replace the physical art galleries in the near future? If you want to find the answers, then let's analyze the information.
NFTs do not need any middleman or physical space, and if you artist and have created any NFT, then you can directly sell to the collectors and fans. Now, even if you belong to a village or small town, you can connect globally and sell your art globally. Blockchain means true ownership. In the traditional art market, you can't get commission on a second sale, but NFT space, you can earn royalties on every resell. That is what makes NFTs different from the traditional art market.
Metaverse is opening many doors for artists because there are 3D art experiences that users can feel, and it is like a real-world experience. So digital artist will have a great opportunity here, and this is not possible in the real world. NFT is already connected with blockchain gaming and now the metaverse so you can understand how big this industry is going to be.
But we need to see everything, and it is true that NFTs are providing innovation, but physical galleries have irreplaceable things. The first thing is sensory and emotional experience, which we experience when we see sculptures, paintings, and other art. It is different from the on-screen experience. We feel that connection in physical art that is not possible in NFT art; however, why not support both NFT and physical art?
Digital art, in other words, NFT, is still young for the galleries, and we are also seeing scams in the space. So it is still early to talk about replacing physical art galleries, and we will wait for the future to see what innovation comes in this field.
For now, the only thing we can say is that non-fungible tokens and digital art can't erase or replace the physical art galleries. Here we have to understand it with examples of painting and photography. Painting is irreplaceable with photographs; similarly, an ebook is irreplaceable with a real book. Now with these two examples, you can understand what I am trying to say. What I am saying is that both are important for us, so without replacing each other, it is time to celebrate both.
We need both digital and physical art. Instead of waiting for the replacement of the physical art galleries, we should enjoy what is innovative. So, if you still have questions about whether NFTs will replace physical art galleries in the future, then my answer is clear: it will not. And I am not saying it on my own, but you can research it by yourself. I hope you liked this information. Please consider sharing this post, and also leave a comment in the comments section. I will be here tomorrow.
