12 Tips for Artists & Collectors of Rare Digital Art

in #art5 years ago

JoePortraitMindPourAnimate01.gif
My new piece, The Mind Pour is available as rare digital art on MakersPlace.

"Before I met you and only knew you through your cartoons, I thought you were just some goofy guy."
That's what a talented colleague said to me recently--in all seriousness.

While my comics can delve into the silly side of things, it might surprise a few folks to know that I am a deep thinker. Lately I have deliberated on what would be useful for artists and collectors to know about innovations in the art and blockchain space. Twelve considerations come to mind, and they all trace their roots back to a little digital creation called Bitcoin.

The fact that Bitcoin has been coded to exist in only 21 million units is highly relevant to artists and art collectors. Perhaps this is even more relevant than many in the art industry currently perceive. With Bitcoin came the advent of limited-supply cryptocurrency issuance; digital art tied to such currency is now able to be released in a limited supply as well.

Therefore, for the first time, a scarcity market can be imposed (or coded) into digital art, making it collectible. Ownership and rarity are verified on the blockchain. This ecosystem produces what we call "rare digital art." It is a movement that has grown by leaps and bounds since its inception a few years ago.

Rare digital art has widespread implications, including industry-disrupting innovations. It lands under the subcategory of Art as well as the subcategory of Cryptocurrency. As with anything new, it can be helpful to provide guidelines for rare digital artists and collectors joining in on this exciting game-changer in the art and finance ecosystems.

The following 12 recommendations and considerations are designed to shepherd artists and collectors through this revolutionary field that is rare digital art. I will list them as a quick overview and then go into more detail in the link below.

  1. How To Choose A Good Blockchain For Rare Digital Art
  2. Operate On At Least 2 Blockchains
  3. Which Rare Digital Art Market Should You Operate On?
  4. Pricing Rare Digital Art With Variety
  5. How Many Rare Digital Art Editions Should Be Released?
  6. Artists Become Collectors
  7. Collectors Become Artists
  8. Buy Art That Includes The Artist's Signature
  9. Tell The Backstory
  10. Promote Your Art
  11. Beef Up Online Security
  12. Remember To Have Fun

Click here for my full article: https://joechiappetta.blogspot.com/2019/06/dozen-deliberations-rare-digital-art.html

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I always love your comics, and some good points you raise, number 12 is a rule I live by :)

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Thanks so much Jay. Glad you see what I see!

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