The art world is no stranger to fraud and forgeries as art are seen by collectors as precious commodities, so they vy in any means possible for artworks, both vintage and modern ones, that are worth millions.
In recent years, the art world has embraced the power of blockchain technology to create transparency and fairness in the way artworks are bought and sold.
There are actually several DApps in the blockchain market now that cater to artists and art collectors. Here are five of the most popular decentralized platforms where art and music can be bought and sold.
PixEOS is an EOS-based art gamification platform that allows artists to promote, tokenize ownership, and monetize their digital art. Users can earn pixEOS and EOS tokens by drawing on pixEOS Paint, playing games, contributing to the platform, and supporting EOS artists who have published their work in the pixEOS Gallery and pixEOS Art House.
Built on top of the Ethereum network, SuperRare is a social marketplace where artists can create and sell their digital art collection. The digital collectibles on the DApp are all cryptographically secured, making them into limited edition and rare pieces that can be tracked and verified through blockchain.
Somewhat the blockchain version of music and podcast streaming platform Soundcloud, DSound is a decentralized site where musicians and artists can upload songs and other sounds on top of the InterPlanetary File System Network. Creators can earn crypto rewards when they gain likes for their content. The rewards can then be exchanged to fiat currencies.
Editional is an Ethereum-based mobile DApp that helps artists distribute authentic copies of their work called collectibles. Digital art collectors can also use the DApp to claim, trade, sell, hold or use the collectibles with other DApps. The mobile DApp is currently only available on the iOS App Store.
KnownOrigin is an Ethereum-based platform where art collectors can discover and buy authentic and unique digital artworks. All digital art uploaded on the decentralized platform are held on IPFS. KnownOrigin also allows artists themselves to control the number of copies of their artworks that they would want to sell.
(Rankings are based on number of users traced by dapp.com)