Digital art is such an interesting topic because the idea of how to value it is so abstract and so new to us. I think just like any art you have to look at the creativity, time into the project, and the meaning behind it. We see the rise of NFTs and how they became such a huge topic with people making boat loads of money just from having the rights to an image they liked or thought was funny. These images gained value from others also finding the NFT funny then wanting the image to be theirs and theirs only. I think this is where most of the value came from, but we’ve seen creators create a limited supply of their own NFTs and the value came from the idea that the celebrity gave it to them and that was the only one of its kind.
We see how Michael Green came up with the idea to take a once famous art piece and turn it digital with his own little twist. This combination of a new spin on a once famous art piece gave it a whole new value. His statement of how the GIF moves and deflates is from the fact that there is a new age of art. This is meant to signify how art as we know it was being “deflated” or changed into a new era of art. Even though it wasn’t sold at the time of this article it still shows it has value enough for ‘The Atlantic’ to be using their resources on writing an article like this. Everything on the internet seems to find a way to create value and you just have to find it. That’s the beauty of digital art.
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