Even As NFT's Plummet, Digital Artists Find Museums Are Calling
By: The New York Times
Non-Fungible Tokens, also known as NFT’s, became the craze in 2020 as the Corona Virus came along but now, the love for NFT’s has dwindled. Artist Refik Anadol has grown a following through MoMA as he has created hundreds of colorful abstraction pieces through digital art and NFT’s. Previously, most museums did not have the resources to adapt to the art world changing and the newfound love of technology mixed with art, but they have also been reluctant to embrace these ideas. Museums are realizing that they need to keep up to speed on the new types of art that their viewers will want to come and see. Through Anadol’s work, the partnership between him and MoMa has curated a financial breakthrough for both parties while also sparking interest in the blending of art and technology. Over the past year, MoMA has been talking to different digital artists to consider implementing them into the museum as there is in influx of interested viewers. As NFT’s were once the craze, many digital artists would rather avoid the term because many buyers’ speculation and the problem with scamming; They want to be taken seriously within the art world. Even though NFT sales are plummeting. we cannot forget how NFT’s sparked awareness and interest in digital art. NFT’s has changed what many view art and how art can be changed and manipulated into different things. This article suggests that there is a new genre of art that has been sparked and is booming into the public eye.
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