The most expensive NFT sold to date was a piece of digital art that sold at Christie's auction and, without beyond any doubt, directly contributes to the association of Non-Fungible Tokens with artistic productions traditional. In fact, initially, NFTs were considered a digital certification of authorship and ownership of works of art through registration on blockchain networks. However, this market is consolidated today, and NFTs have come to be understood as a single class asset, with particular characters and values.
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In that sense, according to Caroline Taylor, founder of the Appraiser Bureau, “NFTs are wildly different beasts than traditional art. You have so many other considerations to make because with NFTs you have tangibility, you have utility. These things have different functions. It's not just a collectible item."
According to the art evaluator, traditional works are judged based on their aesthetic characteristics, beauty, rarity, origin and authorship. When evaluating an NFT, there are other factors to take into consideration as well.
Taylor draws attention to the usefulness of NFT in virtual environments or in real life, as perks in games or access to certain clubs or parties. Finally, the expert emphasizes that “the world of art is very opaque and many deals are done in a veiled way”.
“In a private sale, you won't know who the other party is most of the time and that's something regulators are keen to clarify. The big problem is money laundering, of course – just flows in and out. And if you don't know who the buyer is or where the money comes from, that's a problem for the authorities,” he explained.
Geographer and pseudo writer (or otherwise), I'm 23 years old, from Rio Grande do Sul, lover of the seventh art and everything that involves communication.
