Digital Art in its origin has no original object which hindered the demand for digital art. Blockchain technology can generate a unique cryptographic token associated with a digital file, store all transactions securely which leads to unique ownership and enables limited editions.
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Cryptocurrency
Cryptocurrencies are digital currencies that aim to operate independently of a centralised governing body. Crypto refers to the cryptography used to ensure transactions of the currency is held safe, and the register of transactions is immutable. With governments still debating over how crypto will be regulated, investors should be wary that some currencies are likely to be completely abandoned should they fall into the category of unregulated security.
The collectible market is valued at over $370B. Digital collectibles are worth $35B and in case crypto-collectibles capture even a tiny fraction of the collectible huge market, this space could be worth tens of billions over the course of the next few years.