The Future of Digital Art & NFT with Monty Preston of Saatchi Art

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UpTech Report

Alexander Ferguson

373 episodes

3 days ago

The UpTech Report is a channel committed to diving deep into upcoming technologies that will disrupt how we live, work, and play. We’re also thrilled to share real stories told directly by C-Suite executives about how their companies are leveraging Software as a Service (SaaS), Artificial Intelligence (AI), Machine Learning (ML) and other emerging technologies to maintain a competitive edge in today’s rapidly-changing world.

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The Future of Digital Art & NFT with Monty Preston of Saatchi Art

UpTech Report

36 minutes 37 seconds

3 years ago

The Future of Digital Art & NFT with Monty Preston of Saatchi Art

Why are artists creating NFTs and what are the various NFT use cases going to be in the future?

In this edition of the UpTech Report, host Alexander Ferguson talks to art expert Monty Preston from Saatchi Art to learn more about NFT, digital art, cryptocurrency, blockchain tech, and where this is all going.

At its core, Saatchi Art is an online marketplace for independent artists to sell their artwork. It currently features over 1.4 million original artworks created by 94 thousand emerging artists from around the world, and 110+ countries are represented to date.

But in the future, it’s likely that the focus is going to be more and more about digital art. The real questions are, what will NFT in the Metaverse actually look like and how soon are we heading towards mainstream adoption? Plus, what are the environmental impacts of NFT and cryptocurrency, and should we be worried?