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Author: Admin | 2025-04-27
The beginner’s guide for the traditional art collectors.The propaganda of crypto art continues to reach wider audiences. We can see more customers joining the crypto space to buy another NFT (a non-fungible token, which can be described as a crypto card). More platforms appear to offer tokenization services and a marketplace for new artists to mint their works and sell their tokens to crypto collectors. I know this tech vocabulary may sound overwhelming for those who have no experience with the new art & tech community. As a pioneering art gallerist, who has been the first to introduce NFTs to traditional art collectors and exhibit this movement’s protagonists since 2018, I want to share this guideline with you.Now, how do you start as a collector? Where do you look for works? How do you identify what is worth your collection? Where do you go to buy it? How to buy with cryptocurrencies? How do you store the work? How can you view your digital art collection? Do you pay tax on this? How do you resell it? And how do you deal with this if you lose access to your Metamask account?So many questions, so little answers one can give. As a beginner collector, you are lost in this space. A few years ago, it was easier to get around and pick up some knowledge and identify some crypto art stars, as there were few. In 2021, with the whole craze around NFTs, more blockchain platforms, online galleries, a new type of NFT art dealers run to offer similar things. Millions of artists flooding all the blockchain platforms, new and old, trying to sell their work, all seem very overwhelming. Media & Clubhouse talks initiate huge FOMO to everyone new, and some people don’t even have the expertise to talk about it. Any psychologist can agree — if one makes decisions based on fear, one can only lose. My advice, please identify the reason first- “why do you want to collect NFTs/digital art”? You may have thousands of reasons, and there is no right or wrong one, except it should
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