NFT as a tool in art

This study examines the technological, economic, and cultural impacts of Non-Fungible Tokens (NFTs) in the art world. It discusses how NFTs are integrated with blockchain technology and ensure ownership of digital artworks, while also exploring their entry and expansion into the crypto art markets. The focus is on the effects of NFTs on artists, transforming methods of earning income and presenting their works. Additionally, it conducts a comparative analysis between traditional art markets and crypto art markets, discussing the dynamics in both fields and their role in evaluating artworks. The changes brought about by NFTs in the art world and their implications for artists, collectors, and art institutions are elucidated.