Fine art is the area of human existence that deals with conveying the qualities of nature and the visible components of the landscape in a way that they may be physically observed.
It is expressed in a variety of ways, including paintings, drawings, ceramics, and sculpture. Photography and architecture are other mediums.
Fine arts are distinct in that they express meaning and beauty in many ways.
It has been a fundamental human behavior for a very long time.
The apparent results of fine art are produced using ideas like line, space, texture, color, space, etc.
SmarterWorx has built its reputation on this well-established specialty.
Digital breakthroughs like Non-Fungible Tokens, or NFTs, which are original, tokenized works of art that are kept on the Blockchain and cannot be replicated, are born from fine art.
SmarterWorx
SmarterWorx is a cryptocurrency invention focused on fine art. The network caters to cryptocurrency enthusiasts and art lovers (collectors and artists). The works of artists whose work is deemed to be very valuable are bought, and they are subsequently produced in NFT format as a corresponding connected collectible.
For NFT developers and collectors, SmarterWorx builds a platform. On NFT markets like Rarible and open sea, anybody may purchase NFT from the platform and resell it.
The ARTX token serves as the operating currency for SmarterWorx.
The ARTX token was developed as the first cryptocurrency asset backed by actual pieces of art. The token is designed to be practical.
By gathering (purchasing) a collection of contemporary art assets, holding them securely in the platform’s portfolio, and selling the NFTs of those artworks to art collectors who can redeem the NFTs for their original pieces at any time, SmarterWorx combats potential market uncertainties and volatility that might affect the stability and price of the ARTX.
The ARTX system receives the earnings from these activities as capital to hold the floor price.
Therefore, SmarterWorx is a company that promotes NFT investment in a superior way to rivals like Axie Infinity or Decentraland.
Decentraland
A metaverse is a three-dimensional virtual environment with gaming aspects where users may create characters and purchase real estate. To participate in Decentraland, all users must buy NFTs using the cryptocurrency MANA, which is the native token of the Decentraland. All the elements of this virtual world are NFTs.
The Ethereum network serves as its host.
Axie Infinity
Axie Infinity is an online video game universe that uses the Pokemon-style Axies system and offers players a P2E model, meaning players can earn rewards from participating in the game. It is a pricey platform that uses NFTs for gaming.
Conclusion
The NFTs can only be used in a virtual environment, so Decentraland and Axie Infinity both lack a fundamental idea of fine arts, which is contact with the actual world. Additionally, as they are both gaming platforms, they cannot be used to invest in NFTs like SmarterWorx.
The fact that the NFTs sold through the platform is linked collectibles—i.e., the digital twin of a physical artwork with merely a 1-to-1 pair, meaning that each actual artwork has just a single NFT—is another significant advantage of SmarterWorx over rivals.
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Source: https://www.thecoinrepublic.com/2022/12/13/fine-art-concept-puts-smarterworx-ahead-of-decentraland-and-axie-infinity-as-nft-based-investment/