Tips on Buying Original Digital Art Online
Digital art has transformed the visual arts industry. Aside from helping art become more accessible to a wider audience, it has introduced new techniques, tools, and styles to the world. Once underrated due to a collective lack of appreciation for the field, buying digital art in the form of non-fungible tokens (NFTs) is now a worthy and promising investment option.
If you’re one of the emerging art enthusiasts or an investor who believes in the future of digital art, this article is for you. We’ll give you some pointers on how to purchase original digital art online for the first time.
Digital Art Purchase Checklist for Beginners
Use this checklist as a guideline before, during, and after purchasing digital art online.
1. Do thorough research about your chosen artwork.
When you invest in digital art and start your collection, learn everything there is to know. By studying NFTs, and the digital art industry, you can go into your first purchase with a clear understanding.
If you have a particular piece of art in mind, read the artist’s profile and biographical information. Familiarise yourself with their style through a portfolio review. Read about their most recent accolades and exhibition histories.
2. Find a reliable online art platform that features international artists.
Online art platforms sell NFTs and other original digital works by modern artists. As licensed art dealers, they work with global artists and galleries.
This access to the industry gives them the luxury of choice. These platforms can curate their online galleries and offer works from artists known for their pioneering styles.
3. Put authenticity, credibility, and security on top of your priority.
Thousands of websites claim to sell authentic digital art and secure NFTs online. Before finalising your purchase, read reviews about the platforms. They should be licensed and have the credibility to offer such services.
If you decide to buy artwork from an online art platform, request a Certificate of Authenticity. This document is just as valuable as the work itself.
The certificate should specify the artist’s name and the work’s title. It should also include the date of creation and provenance or ownership history.
4. Establish your digital cryptocurrency wallet for NFT artworks.
If you’re purchasing NFTs, the same rule applies. Your package includes a Certificate of Authenticity and a blockchain-secured digital file in your cryptocurrency wallet linked to the art marketplace. After purchase, you will have the right to resell the artwork on the same platform.
5. Store the artwork in an offline hardware wallet for security.
Unlike traditional and tangible artworks, digital art and NFTs require no maintenance. Blockchain’s decentralised identity allows NFT owners to own and control their purchased work. However, you must safeguard your asset and store them properly through an offline hardware wallet or a secure software wallet.
And those are the complete steps to acquire and store your original digital artwork. This investment move is a practical way to diversify your portfolio, so make sure to do it right!