Are NFTs the future of photography?

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Without a doubt, NFTs are the future of photography . The creators of these images have never had so many opportunities to do business with them. Nor had buyers been completely sure that what they were buying really came from its author, especially if it was a digital product. Do you want to know how the development of NFTs has improved the photography sector?

 

3 reasons why NFTs are the future of photography

 

 

More and more people are learning about the benefits of blockchain and non-fungible tokens (NFTs), which are part of this environment. Not only do individuals resort to this chain of blocks, but there are also companies that find it a safer environment in which to carry out their procedures. How does it benefit photographers? We tell you 3 reasons why NFTs are the future of photography. 

 

Security

Until recently, when a photographer took a digital photograph and sold it, he had to upload a file to a platform that handled its sale. It was relatively easy for the buyer to obtain it and then make copies. In a short time, that article that was unique in its day ceased to be. When a photograph becomes NFT, it is as if it acquires a seal of authenticity. No copy could be passed for true after being uploaded to the blockchain.

 

A new way of income

NFTs are a new revenue stream for professional photographers. Some are lucky enough to exhibit their photographs in an art gallery and sell their work directly. Others, however, upload their photos to platforms that take a substantial portion of the sale or distribute the same photo over and over again at a very low price. With NFT development, artists can directly sell their work and get a fair price for their talent. You have to remember that they have invested a lot of time in learning, capturing the moments and buying the equipment they use. 

Promotion possibilities

Art galleries and exhibitions exist in the metaverse. Any of the avatars can see the works and purchase them directly. Taking into account that more and more people are part of some metaverse and that there are projects to expand or improve them, it can be said that this is a new way to show works to digital art collectors. 

 

Why are collectors interested in NFTs?

Proving the authenticity of an NFT is very easy thanks to the blockchain. Once the photo file has been uploaded or minted on the blockchain it is no longer lost. Each movement is recorded and cannot be modified. Unlike photos you buy on photo paper or from an internet archive, these won't get damaged or stolen. 

Another advantage that buyers find is that the exclusivity of NFTs makes the value increase over time. They not only acquire an image, but also an asset that can be sold at a much higher price over time. In other words, it is also an investment.