Investing in digital art is one of the most promising investment options

Over the past month, many people have changed their views on investing, with events in Ukraine affecting most investors.

I myself have seen how risky it is to invest in real estate, since it is practically impossible to sell existing apartments or land if necessary.

The situation is similar with the securities market: stock prices have gone down, and no one is talking about paying dividends anymore.

At this time, people are beginning to pay attention to non-standard investment options, and in addition to traditional cryptocurrencies, digital art is gaining increasing popularity.

These aren't just paintings drawn on a graphics tablet, but image files in the form of NFT tokens. In this form, not only paintings but also photographs can be sold and bought; the main requirement for converting an image into a token is uniqueness.

When uploaded to the marketplace, the image is converted into CryptoArt, the ownership of which is confirmed on the blockchain:

This means that by purchasing a piece of digital art, you become the legal owner of the work and can prove your ownership rights at any time.

Just like regular paintings, items purchased on the marketplace gradually increase in price; the key is to make the right choice.

For example, a collage created by virtual artist Beeple, "EVERYDAYS: THE FIRST 5000 DAYS," sold for a record-breaking $69.3 million. This doesn't mean you should only buy works like these:

You can buy a digital painting you love for just $20-30, and then watch its price rise. And who knows, maybe in a few years that painting will be worth $20-30 million.

It's clear that investing in CryptoAr is quite unusual, and many doubt the value of this asset. However, ten years ago, many also expressed doubts about the value of Bitcoin, and now they deeply regret it.

Where to buy digital art?

The most popular platform for selling CryptoArt is Opensea, which sells artworks on the Ethereum blockchain. This means the digital art will be linked to this cryptocurrency.

To start investing, you need to visit opensea.io and register for a MetaMask crypto wallet or a suggested alternative.

Log in to the Opensea website using the MetaMask browser wallet app. Select the artwork you like and make a payment.

I won't go into detail about the technical aspects of the purchase; you can easily find a description of them on the Internet.

As a result, you become not just an investor, but a collector of sorts, owning a piece of digital art. The purchased painting doesn't need to be stored at home; it's always with you, protected from fire and burglars. The main thing is to remember the password to your MetaMask wallet.