How to Start Investing in Art & NFTs

How to Start Investing in Art & NFTs

Assessment

Interactive Video

Business, Arts

University

Hard

Created by

Quizizz Content

FREE Resource

The video tutorial explores the world of NFTs, focusing on platforms like Nifty Gateway and Ethernity. It advises on exploring art, understanding the medium, and making affordable purchases. The pitfalls of NFTs, such as technological challenges and misconceptions about cryptocurrency, are discussed. The current state of the digital art market is analyzed, noting a decrease in hype and an increase in quality. The liquidity of the NFT art market is compared to traditional art, emphasizing the importance of collecting over speculation. Finally, the integration of NFTs into the fine art world is highlighted, showcasing their presence in prestigious art events.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the difference between viewing NFTs as investments versus as artworks?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

How are NFTs being integrated into traditional art spaces like Art Basel?

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