The development of the artist practice regarding a digital art market: an overview
The Development of the Artist Practice Regarding a Digital Art Market: An Overview
The Changing Landscape of the Art Market: Insights into Digital Art and the Role of the Artist
The review gives an insight into several arts and community reports and gives examples of digital artists in the art market. It explores the relationship between the artist, spectator, and the dealership. The first phase of the research includes a brief description of digital art in art history and recent times. Secondly, this review sums up an understanding of the digital art market's values and investigates the artist's role in practice. Because most of the digital art is connected to a digital currency that can be sold as an NFT, this study uses the Art+Tech Report 2020 to understand the motivation of digital art collectors. The third phase of this study includes an insight into the decentralized market by looking into the art market and its spectators from a local to a hybrid art economy in the literature of (Hawkins, 2021). This review gives an overview of the development of the art market and identifies the challenges each player in this game brings to the table by including examples of three artists with diverse practices. How did the artist's practice develop throughout art history in the past? Let’s briefly go back to the history of digital art in recent years. Media art has been used before the days of VHS and Pac-Man and was born through the innovation of digital photography. As technology persistently shifted, artists and creators were able to develop new methods to create their bodies of work. This gave creators an opening for innovative ways to reach their audiences. In the days of the ‘era of LAN- Parties’ that forms an entire generation of young adults, the boomer generation questioned the impact of ‘ego shooter’ games on our mindsets and what influence staring at a screen could have on our health. (Gleis, 2005) An unprecedented culture was born, and generations of gaming developers, photography and film producers, designers, artists, and architects gained new assets for their production of work. Recently, these innovations have pushed the boundaries of the understanding of art and art production.
“The NFTs may disappear, but the critical dialogue they have created will remain in our collective memory, and the value and legitimacy they have brought to digital art through this conversation may have changed their social perception forever. The new paradigm first emphasizes that “value” as property and characteristic of objects or phenomena in modern conditions is increasingly determined not by the past, but by the future. This is what determines the “paradigm shift” — the present in the future is much more important than the traditional in the past. “ (Habrel, 2022)
The Relationship between Artists, Spectators, and Dealerships in the Decentralized Art Market
Gleis, A. (2005). Verknüpfung von virtuellen und realen (Sozial)Räumen - LAN-Partys als Aneignungsfeld in der offenen Kinder- und Jugendarbeit, Sozialräumliche Jugendarbeit,  (pp. 277-278)