Abstract

This article examines the emergence of Non-Fungible Tokens (NFTs) in the art market and explores the implications and challenges of this new form of digital collecting. NFTs have gained significant attention recently as a means of tokenizing and trading unique digital assets, including artworks. The study begins by providing an overview of NFTs, explaining how they have disrupted traditional notions of ownership and authenticity in the art system. It delves into the impact of NFTs on the art market, discussing the issues surrounding this digital collecting phenomenon, including environmental concerns related to the energy consumption of blockchain networks.