NFT and crypto art can magnify the truth of our reality without censorship

A group exhibition brought leading artists of our time - the Kabakovs, Kendell Geers, AES+F, Recycle Group and others - to the blockchain space, and a series of panel discussions worked as a bridge between the traditional and blockchain-based art worlds with its own systems of distribution.

One criticism of the crypto art market has been the perceived naivety of the works.

Will the emerging artists in the new field of crypto art be influenced by traditional artists bringing their works into a shared blockchain space? With strong voices raising political, race, gender and inequality issues, their influx in these current times may create a shift in the way art is created, collected and viewed.

The traditional art market brings with it not only artists but also gallerists and curators who are naturally also drawn to growing markets.

Of course, this will also open the door to Crypto Art Basel, Biennale and other curated events whose crypto artworks will break sales records at Christie's or Sotheby's.

Fifty years from now, those first NFT artworks by world-acclaimed artists could become highly valuable, just like what happened with the first animations of John Whitney, the father of computer animation, who created the first animated art on his computer back in 1960.

Serious contemporary artists mirror and even magnify the truth of our reality without censorship.

In the current political world, a marriage between the established artists and crypto art with no censorship is virtually a perfect match.

"While many creative industries like film, music and publishing have begun their transition into the digital realm many years ago, the inability to establish digital scarcity for art has kept the $60-billion art market largely in the physical domain. Blockchain technology does not only offer the ability to establish scarcity for digital content but also has the potential to unlock other exciting social mechanics that artists can experiment with, while reaching new global audiences directly without needing to cross physical borders and other barriers."

Is the crypto art audience ready to be challenged with serious statements of shifting toward digitalization? Especially as established artists now find themselves with a new technological medium and a way to reach audiences they never had before.