Art Appraisals in the Digital Age: NFTs and the Changing Landscape of Valuations
July 9, 2023
In the digital age, non-fungible tokens (NFTs) have become an increasingly popular form of art appraisal. NFTs are digital assets secured with blockchain technology, and their applications to the art world have proven to be revolutionary. This article will explore the potential benefits and drawbacks of NFTs, the technologies associated with them, the impact they have on the traditional art appraisal process, and the security considerations when investing in NFTs. Finally, we will discuss the future of art appraisal in the digital age and how appraisers can help guide their clients into this new arena.