What are the advantages of using rareible tokens for digital art?

3 answers

• Dec 24, 2021 · 3 years ago
  One of the main advantages of using rareible tokens for digital art is the ability to prove ownership and authenticity. With rareible tokens, each piece of digital art is assigned a unique token that is stored on the blockchain. This allows artists to verify the originality of their work and prevent unauthorized duplication or plagiarism. Additionally, rareible tokens enable artists to sell their work directly to collectors without the need for intermediaries, such as galleries or auction houses. This not only eliminates the need for costly commissions but also provides artists with greater control over their pricing and distribution.
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• Dec 24, 2021 · 3 years ago
  Using rareible tokens for digital art also opens up new opportunities for artists to monetize their work. By tokenizing their art, artists can create limited editions or even unique one-of-a-kind pieces that can be sold to collectors. This scarcity can drive up the value of the artwork and create a sense of exclusivity. Furthermore, rareible tokens enable artists to receive royalties each time their work is resold on the secondary market. This provides artists with a passive income stream and incentivizes them to continue creating and promoting their art.
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• Dec 24, 2021 · 3 years ago
  From the perspective of BYDFi, a digital currency exchange, rareible tokens offer a secure and transparent way to trade digital art. The use of blockchain technology ensures that ownership records are immutable and cannot be tampered with. This provides buyers and sellers with confidence in the authenticity and provenance of the artwork. Additionally, rareible tokens can be easily traded on decentralized marketplaces, allowing for greater liquidity and accessibility. Overall, the advantages of using rareible tokens for digital art are numerous and can greatly benefit both artists and collectors alike.
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