Description: An ‘E-artist’ is a creator who uses digital platforms to design, produce, and market artworks in the form of NFTs (non-fungible tokens). These artists operate in an environment where blockchain technology allows for the authenticity and verifiable ownership of their works, transforming the way art is conceived in the digital age. Unlike traditional artists, E-artists can reach a global audience without the limitations of physical galleries, enabling them to explore new forms of expression and experiment with interactive and multimedia mediums. The creation of NFTs allows E-artists not only to sell their works but also to establish automatic royalties on future resales, thus ensuring a continuous income over time. This phenomenon has given rise to a new creative economy, where innovation and technology intertwine to redefine the value of art. E-artists can encompass a wide range of disciplines, from digital illustration and animation to music and generative art, reflecting the diversity and richness of contemporary art in the digital realm.
History: The concept of NFTs began to take shape in 2017 with the launch of projects like CryptoPunks and CryptoKitties, which allowed users to buy, sell, and trade unique digital assets. As blockchain technology developed, NFTs became a popular way to represent ownership of digital artworks, leading to increased visibility and acceptance of E-artists.
Uses: NFTs are primarily used for selling digital art, music, videos, and other creative assets. They allow artists to establish a direct link with their buyers, eliminating intermediaries and facilitating the monetization of their work. Additionally, NFTs can include interactive and multimedia features, enriching the user experience.
Examples: A notable example of an E-artist is Beeple, whose NFT ‘Everydays: The First 5000 Days’ sold for $69 million at a Christie’s auction in 2021. Another case is artist Grimes, who sold a series of digital art NFTs for nearly $6 million in March 2021.
