Digital art is a new platform in the creative world. If you’re new to the scene, you might wonder – is digital art worth anything? What contributes to the value of art that exists on the internet?
If you’re interested in learning more about digital art, you’ve come to the right place. Read on to learn more about five factors that contribute to the value of digital art. The more you know, the better your judgment when investing in digital art. There’s a lot to cover, so let’s get started.
One of the factors that contribute to the value of digital art is the number of copies available. It might seem like there would be unlimited copies, but there aren’t.
The less of something available on the market, the more valuable it will be to the average investor.
NFTs are an excellent example of this craze. There is only one receipt for proof of purchase of each piece of digital art. If you pay for the copy, you are the only one who owns it until you relinquish the rights to the product. If you see a piece of digital art that costs a lot of money, consider how many versions of the image are available.
The artist is another factor in determining how much digital art is worth. If an artist is more well-known, their pieces tend to be worth more than those who don’t have any fans on their side. If you recognize the name, the piece is worth more.
An artist is well-known if:
- They garnered their fame from something else, such as singing
- They have a history of creating popular pieces
- They have a cult following
Some people have fame from before the digital world, while others gained it in the past few years. The artist has a large impact on the value. No one wants to own art that doesn’t have a name they can brag about to their friends.
The subject of the painting can also influence the price. If it’s something critical to society or pretty to look at, people are more likely to invest in an art piece.
Here are a few subjects that tend to make art valuable:
- Abstract creations
- Unique modern designs
- Historical significance, current and past
These tend to sell the best. People want to invest in art they can relate to. If it has everything they want, the value goes up. People don’t just want beautiful art – they want something that matters to them.
The technique of the artist also contributes to the value. Did they use Photoshop for their design or did they use a stylus to create tiny dots on a page? What was their strategy for the creation of the product online?
Many don’t think about the technique, but those who determine the value of art do. Consider how the artist formed the painting to determine if digital art is worth anything to the creative world.
Of course, the buyer has some say in if a piece of digital art is worth anything.
If they are willing to pay hundreds of dollars for a digital painting, it has value. This statement is especially true if the buyer is someone with high regard in the art world.
Art is always subjective. It’s tricky to determine what is worth it, but some people have more sway than others. If a famous art critic purchases the piece, it has some value, no matter how bad or silly it might be.
Digital art is a fascinating trend. There is an artist and a medium that creates the piece, but you don’t get a physical copy of the work. Still, there is value in digital art. The number of versions, artists, subjects, techniques, and opinions of the buyer contribute to the worth. These trends will shift over time.
We hope this information was helpful! Digital art is a new phenomenon, and it can be tricky to determine what makes one piece worth more than another. Beauty is in the eye of the beholder. Art is worth the value you give it. The more people love it, the more it will be worth. It’s up to you to determine what you love.