FAQ About The Impact of New Media on Traditional Art Forms
How do new media art forms affect the art market?
New media art forms affect the art market by introducing new types of sales and valuation methods. Digital art makes use of platforms like blockchain for selling artworks as Non-Fungible Tokens (NFTs), changing how art is purchased and owned. These innovations could democratize art collection but also raise questions about value, speculation, and the future of art as a commodity.
