Advance Market Analytics has added a Crypto Art Market research publication document breaking down the major trade segments and highlighting broader geographies to get an in-depth analysis of the market data. The study is a perfect balance linking qualitative and quantitative insights of the Crypto Art market. The study provides valuable historical market size data (volume** and value) from 2016 to 2020, which is estimated and forecast to 2026*. Some are the key and emerging players that are part of the coverage and have been profiled are CryptoArtNet (US), Nifty Gateway (US), Eden Gallery (US), FRESCO (Switzerland), Artory (US) United States), Verisart (United States), YAIR (your art is reality) (Germany), DADA (United States), Adappcity Inc. (Canada).
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Crypto art is digital art that lives off blockchain technology in the form of NFTs. It’s a concept that revolves around the idea of digital scarcity. With this mindset, people treat digital art like physical goods and buy, sell, trade, and collect it. Crypto art is a hot topic thats dominated the investment news. These artworks often have themes related to modern politics or blockchain and cryptocurrencies or economics and philosophy.
The titled segments and sub-sections of the market are illuminated below:
by Type (Digital Graphics to Music, VR Dreamscapes, Programmable Art), Application (Personal, Commercial), Platform (Nifty Gateway, SuperRare, Async Art, MakersPlace, Others), Cryptocurrency (Ethereum, Bitcoin, Others)
Growing popularity of digital art
Growing popularity of crypto art
Increase in demand for cryptopunks
Artists Make Big Profits From Crypto Art
Rapidly Growing Crypto Art Fans
Rapid prevalence of digital art
Regions included are: North America, Europe, Asia-Pacific, Oceania, South America, Middle East and Africa
Country level breakdown: United States, Canada, Mexico, Brazil, Argentina, Colombia, Chile, South Africa, Nigeria, Tunisia, Morocco, Germany, United Kingdom (UK), Netherlands, Spain, Italy, Belgium , Austria, Turkey, Russia, France, Poland, Israel, United Arab Emirates, Qatar, Saudi Arabia, China, Japan, Taiwan, South Korea, Singapore, India, Australia and New Zealand, etc.
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Market leaders and some development strategies
In July 2021, Opensea released a statement announcing that it had acquired a $100 million Series B round, led by Andreessen Horowitz, valuing the organization at $1.5 billion. As the first cross-blockchain NFT marketplace, the company also announces official support for various blockchains. With this funding, OpenSea will continue to evolve its NFT platform, initially focusing on adding engineering expertise and expanding globally to new regions and audiences, enabling users to purchase and to trade NFTs more easily.
Points Covered in Global Crypto Art Market Table of Contents:
Chapter 01 – Summary of the Art of Cryptography
Chapter 02 – Market Overview
Chapter 03 – Key success factors
Chapter 04 – Global Crypto Art Market Covid-19 Crisis Analysis
Chapter 05 – Global Crypto Art Market – Price Analysis
Chapter 06 – Global Crypto Art Market Background
Chapter 07 – Global Crypto Art Market Segmentation
Chapter 08 – Analysis of key and emerging countries in the global crypto art market
Chapter 09 – Global Crypto Art Market Structure Analysis
Chapter 10 – Global Crypto Art Market Competitive Analysis
Chapter 11 – Assumptions and Acronyms
Chapter 12 – Research Methodology
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Thank you for reading this article; you can also get individual chapter wise section or region wise report version like North America, Middle East, Africa, Europe or LATAM, Southeast Asia.