There’s a very interesting phenomenon in the digital art space where people are buying both a digital art NFT and a print of the same artwork from the artist. This made me think: which one holds the real value—both of them, maybe? Or could one potentially devalue the other? This is just an observation and an opinion of mine. I assume the concept came about because collectors who bought NFTs wanted a way to display and enjoy them, and prints are an accessible medium for the artist to create a...
about 1 month ago • 1 min read
NFT Digital Art is Back, But Not in the Way You Think. There's been a lot of chatter lately about whether NFTs are making a comeback. My answer? YES—but not in the way you might expect. People are no longer buying NFTs solely with the hope that their prices will "go to the moon." Recent data points suggest a shift towards purchasing NFTs for the purpose of collecting them. I believe there are two reasons for this change. First, there's a strong sense of community around NFTs, with people...
about 2 months ago • 1 min read
Join us for an insightful conversation with digital art pioneer Vesa, exploring the world of Digital Art and NFTs. In this video, we dive into the fundamentals of digital art (1:53), uncover how to determine its value (7:57), and learn about Vesa's unique approach to creating art (14:21). We also discuss the importance of culture, history, and storytelling in digital art (18:39), explore Vesa's distinctive art styles (27:02), and highlight what digital art to avoid (33:14). Stay tuned as we...
about 2 months ago • 1 min read
The Ledger wallets would be more suitable for storing NFTs currently. Why? Blind Signing. Disclosure: This post contains affiliate links, and we may earn a commission if you make a purchase through these links, at no extra cost to you. Source - Ledger If you want to use a Trezor wallet, this is what they say: Even though NFTs are not natively supported by our Trezor Suite application, it is possible to manage them by using a Trezor device together with a 3rd party app such as Rabby Wallet or...
about 2 months ago • 1 min read
Key takeaways from the Capgemini Welath Management Trends 2024 Slide Deck with respect to digital assets (Below are the sections from the report where the info was sourced and are highlighted): 1. Tokenization of physical assets has the potential to expand access to a global audience. 2. Wealth Management Firms are customizing services to include digital advisory to capture 'young heirs'. Sources https://www.capgemini.com/insights/research-library/wealth-management-top-trends-2024/
about 2 months ago • 1 min read
Below is a passage from RBC Wealth Management which gives a well rounded description on what constitutes a digital asset, understanding and defining your estate and estate impacts in the digital age. What is a digital asset? When it comes to the term “digital asset,” there’s no universal definition that applies across the board (some resources define it broadly as an electronic record). The STEP recognizes digital assets as those that have financial and/or sentimental value, in much the same...
about 2 months ago • 3 min read
EY has been making significant strides in the blockchain space for nearly a decade. In an interview with Clare Adelgren, EY Global Head of Blockchain Sales and Operations, we explore what the company aims to achieve and the potential impact of its blockchain initiatives on various industries. EY's Blockchain Journey According to Clare, EY has been investing in and building blockchain skills for about nine years. With a global workforce of around 400,000 employees in audit, tax, and...
3 months ago • 1 min read
In a world where the definition of assets has expanded to include art, collectibles, and even digital holdings, estate planning has become significantly more nuanced. Many individuals fail to consider these unconventional assets when planning their estates, leading to potential complications after their passing. Here, we explore key aspects of estate planning for art, collectibles, and digital assets, answering pressing questions and shedding light on potential strategies. Inheriting a...
4 months ago • 2 min read
It's important to note that storing NFTs and cryptocurrencies involves different methods. Cryptocurrencies can be stored entirely offline using cold storage. However, NFTs require a hybrid approach, involving a wallet that connects the NFT to both a marketplace and a hardware wallet. This method combines the accessibility of a software wallet with the security of keeping your private keys offline in a hardware wallet. Please note that our review and comparison focus on the compatibility of...
4 months ago • 4 min read
