- Avinandan Banerjee
- September 27, 2022
Since times immemorial, art has always been an integral part of human existence on this planet. Be it the million-year-old cave paintings lurking in some corner of a mountainous region or the giant, colossal structures like that of the Pyramids or the Stonehenge, that have become associated with our culture and identity, it is true that mankind has always sought for ways in which they could express themselves through the different creative ways available at their disposal.
The desire to express oneself is extremely powerful even at this point in time. We can see how people across the world are pouring over the social media platforms willing to express themselves as best as they can and now there are so many tools and platforms present just for that purpose. Everyone in the present-day world is willing to stand out amidst the maddening chaos on social media and connect with others in a way that is more meaningful to them.
One of the other ways in which mankind wants to make a mark in this world and leave behind a legacy of their own is to possess ownership of land and real estate. Land is one of the scarcest of items that people over centuries have always coveted and tried expressing themselves through the intrinsic value it upholds. This is quite similar in the case of digital art, which is undoubtedly an invaluable way of expressing oneself, although it can be replicated and shared any number of times as anyone would wish to.
However, most of the digital arts that we see online are mostly not owned by their creators. That is because they mostly exist on centralized servers which are primarily owned by governments or private corporations. This is what propels the necessity for decentralized applications. Decentralized applications are extremely beneficial as they provide a way for people to literally own their data and decide what to do with it. Decentralization upholds the true spirit of ownership.
And many believe that it is only through the use of non-fungible tokens or NFTs that will allow us to take control of the ownership of our information and data from the corporate giants.
NFT Land Art
There are significant reasons why NFT has emerged as a phenomenon in the world of art over the span of the last couple of years. Non Fungible Tokens or NFTs are basically uniquely created crypto assets that exist beyond the purview of the traditional systems of finance, which also means that they do not depend on the central banks or institutions to determine their values. Instead, they are operational on their individual blockchain networks.
Similarly, a new platform has risen which is named Next Earth, which is basically a detailed replica of this planet but only on a digital platform and it is completely based on blockchain. Users will be able to buy virtual land on this platform and will be able to create Pixel art which can be unique and quite valuable in the long run.
Why collect land art?
There can be multiple reasons for acquiring an asset other than simply appreciating that art. In the same way, in which investors monitor, observe and analyze data, digital art collectors also can go through data analysis to figure out what makes a particular art more valuable than the other and apply specific strategies to maintain some aesthetic value to their overall collection.
With emerging platforms such as Earth 2, Next Earth and Decentraland, it gives the users a chance to purchase digital land. It is important to mention that all the land does not have equal valuation. Just like in real life, the value of these digital lands varies according to the ecosystem surrounding it. For instance, while the platform named Earth 2 offers land which is centrally owned by the company, other platforms such as the Next Earth is a platform which is completely decentralized, which means that the ownership of the land belongs to the owner only. There are no third parties involved.
The Next Earth platform even allows users to monetize their artistic expressions through creative displays. Through this initiative, the platform is pioneering a new paradigm for the digital art world, which is not only about purchasing tiles, but an opportunity to create a world of one’s own.
Finishing thoughts: How to build your own NFT based projects?
Learning Blockchain, and NFTs are easy now, all thanks to reputed online courses and training sessions. Blockchain Council is one such organization that offers online training and certification programs to aspiring trainees to render them desired competencies so that they have a successful career in the Blockchain space. Keeping the rising demands of blockchain professionals in mind, Blockchain Council certifications are diversified to meet each aspirant’s discrete needs. They have a host of training and courses on NFTs that provide world-class knowledge and support.
To get instant updates about Blockchain Technology and to learn more about online Blockchain Certifications, check out Blockchain Council.