THE IMPACT OF NFT TECHNOLOGY ON DIGITAL ART: REVOLUTIONIZING EXHIBITION, PRESERVATION, DISTRIBUTION, COMMUNICATION, AND ARTISTIC POSSIBILITIES

The emergence of NFT technology has catalyzed a revolutionary shift in the field of digital art, facilitating the emergence of innovative practices. Artists have gravitated towards creating unique digital assets that are exchanged through blockchain technology, a development that has made intermediaries obsolete. As a transparent system, NFT technology ensures equitable compensation and safeguards intellectual property rights.This paper investigates the impact of NFT technology on the digital art landscape. Focusing particularly on the effects of exhibition, preservation, distribution, communication, education, and artistic opportunities, this research encompasses interviews with eight digital artists who have direct experience with digital art both before and after the introduction of NFT technology. Through this approach, the study comprehensively examines the subject matter related to NFT technology.