# NFT Art Visual artists and musicians are harnessing NFTs to profit from their work more easily. By [Kalin Ned](https://www.trendhunter.com/knedelch), Research Writer | Published Mar 22, 2021 | Category: [Tech](https://www.trendhunter.com/pro/category/technology-trends-and-gadgets) Source: Trend Hunter, https://www.trendhunter.com/protrends/nft-art ## Key Figures - Trend score: 4.6/10 - Evidence articles: 4 ## What is the NFT Art trend? **NFT Art:** NFTs ("non-fungible tokens") are units of currency in the Blockchain ecosystem that cannot be replicated. Within the art and entertainment industries, creatives are selling their works as NFTs to monetize their music or art. ## The consumer insight behind the NFT Art trend Ownership in the digital environment is precarious as many users are prone to pirate content and sidetrack paywalls. This is particularly affecting creative practitioners and digital content creators financially. Accelerated by the COVID-19 pandemic which has ensured the economic stagnation of the industry, many individuals are looking for new and innovative ways to sell their work, while also gaining some control of it on the Internet. ## At a Glance - Evidence: 4 featured examples - Articles from: Mar 4 to Mar 20, 2021 - Published: Mar 22, 2021 - Patterns: [Divergence](https://www.trendhunter.com/pattern/divergence), [Acceleration](https://www.trendhunter.com/pattern/acceleration) - Megatrends: [Experience](https://www.trendhunter.com/megatrend/experience), [Catalyzation](https://www.trendhunter.com/megatrend/catalyzation) ## Audience - Gender: 50% men, 50% women - Primary generations: Gen Z, Millennial, Gen X - Top markets: North America, Europe, Asia ## Themes within the NFT Art trend ### NFT Monetization In the art and entertainment industries, creatives are monetizing their music or art by selling works as NFTs. ### Tokenization of Digital Assets NFT technology is enabling the tokenization of digital assets, providing creatives and artists a means of monetizing exclusive content. ### Cryptocurrency-based Monetization NFTs are being utilized in creative industries for monetization, providing better control over licensing and payments made in cryptocurrency. ## What the NFT Art trend means for industry ### For Art Industry NFTs provide an opportunity for artists to monetize their work in the digital space, enabling better ownership and protection of digital assets. ### For Entertainment Industry NFTs are disrupting the entertainment industry, providing a means for musicians to monetize exclusive content and providing fans with new ways to own digital collectibles. ### For Blockchain Technology The tokenization of digital assets using NFT technology is a novel use case for blockchain technology, providing opportunities for innovation in blockchain development and applications. ## Workshop question How can your brand help creatives monetize their work? ## Trend signals for NFT Art Trend score 4.6 out of 10, from popularity 82%, activity 46%, freshness 10%. - Popularity: 82% - Activity: 46% - Freshness: 10% ## Examples of the NFT Art trend 4 featured examples from Mar 4 to Mar 20, 2021. - [Collectible Digital Albums](https://www.trendhunter.com/trends/kings-of-leon-album): The New Kings of Leon Album Will Be the First Available as an NFT (Category: Tech) Implication: Music production companies can expand their services to include NFT album releases, which can create a new revenue stream that is not dependent on streaming services. - [Martian Digital Homes](https://www.trendhunter.com/trends/mars-house): Mars House is a First-of-Its-Kind Digital NFT Home (Category: Art & Design) Implication: NFT technology has the potential to disrupt the real estate industry by allowing for the creation and sale of unique digital homes as assets. - [Non-Fungible Token Song Releases](https://www.trendhunter.com/trends/sng-app): Our Lady Peace Releases a Single Through the S!ng App (Category: Business) Implication: The music industry can explore NFT adoption to create new revenue streams and enhance artists' control over their music rights. - [Collectible Digital Artworks](https://www.trendhunter.com/trends/banksy-screenprint): Injective Protocol Digitized a Banksy Screenprint as an NFT (Category: Art & Design) Implication: Blockchain companies can use their technology to create and manage NFTs that hold value for digital collectible art ## Recent trend clusters - [Delegated Interfaces](https://www.trendhunter.com/protrends/delegated-interfaces) (Tech) - [Adaptive Controls](https://www.trendhunter.com/protrends/adaptive-controls) (Tech) - [Desk Systems](https://www.trendhunter.com/protrends/desk-systems) (Tech) - [Spatial Refinement](https://www.trendhunter.com/protrends/spatial-refinement) (Tech) ## Trending in Tech - [Decor-Led Home Projectors](https://www.trendhunter.com/trends/decor-led-home-projectors) - [Accessible Fintech Pop-Ups](https://www.trendhunter.com/trends/chequing-account) - [Dual-Wavelength Recovery Wearables](https://www.trendhunter.com/trends/joint-therapy) - [Pop-Culture WiFi Routers](https://www.trendhunter.com/trends/pop-culture-wifi-routers) All articles: [Tech](https://www.trendhunter.com/tech)