Getting Started With NFTS - As An Art Collector
Despite the relatively brief history of NFTs, they have claimed their position in the art market and become a new form of collectable, so as an art collector, it’s certainly time to begin looking at adding NFT art to your collection.
In this article, we offer some valuable advice for getting started with NFTs as an art collector with a simple 3 step process, we also look at the next steps to take once you have a collection of NFT art.
Steps To Getting Started With NFTs As An Art Collector
For an art collector looking to get involved with the fine art NFT marketplace, it can seem like an overwhelming prospect, but it doesn’t need to be a daunting endeavour. Whether you’ve come from a traditional art collecting background or you’re entirely new to the game, you’re in good company.
Our expert NFT consultants have crafted a simple 3 step process to get you on your way to collecting fine art NFTs.
Step 1. Set Up A Digital Wallet
The first step is the most essential in many ways because, without a crypto wallet, you won’t be able to buy or store your fine art NFTs. There are numerous options when it comes to crypto wallets but at Zeno Fine Art, we recommend using MetaMask.
A MetaMask wallet will allow you to connect to any Ethereum-based platform and store any digital assets you purchase; it also makes it easy for you to trade NFTs as well, which is a definite plus if you're collecting fine art NFTs for investment.
Despite the numerous crypto wallet services available, MetaMask is an industry-leading software with well over 21 million active users; the software operates as a free hot wallet service that can be used as an extension on a web browser or smartphone app.
If you’d like some help getting your crypto wallet created; we recently published a handy step-by-step guide for setting up a MetaMask crypto wallet.
Step 2. Find The NFT Marketplace To Suit Your Needs
NFT marketplaces are the online platforms that enable the buying and selling of NFTs and operate in a similar manner to other online marketplaces, however, as previously mentioned, you’ll need your crypto wallet to start purchasing fine art NFTs.
As an art collector, you’re free to use whichever NFT marketplace you desire. Some marketplaces specialise only in fine art NFTs, this can save a lot of time trawling through listings filled with videogame assets, digital collectable cards and so on.
You’ll also want to ensure that the marketplace you choose, allows you to keep your fine art NFTs in your own crypto wallet, as opposed to only on the platform itself, unless of course, that’s what you prefer.
As with anything, each marketplace comes with its own pros and cons and each has its own way of curating and listing the available NFTs.
To help you whittle down the options and decide the best marketplace to find your fine art NFT collection; we recently published a list of our top 10 marketplaces for NFT art.
Step 3. Start Adding Fine Art NFTs To Your Collection
Once your crypto wallet is created and funded and you’ve got an idea of which NFT marketplace appeals to you, it’s time to start building your collection of fine art NFTs.
The great thing about being an NFT art collector is that you don’t only have to stick to just one marketplace to purchase your NFTs, you can shop around and find the artworks you truly want in your collection.
There are several places you can purchase fine art NFTs:
- NFT Marketplaces
- Other Art Galleries
- NFT Collectors
You can also speak to a Zeno Fine Art NFT consultant for guidance on purchasing exclusive NFTs from emerging and established artists, through our network of close relationships within the art market we can help you gain access to some of the most sought-after pieces.
What To Do Next As An Art Collector Getting Started With NFTs
Once you’ve made a start on your collection of fine art NFTs you’ll more than likely wonder what to do next in order to get the most out of your collection.
Here are a few ideas to consider, we’ll soon be expanding these steps in the near future with another article packed full of useful tips.
Seek Advice From NFT Experts
It can be a challenge to try and find your way through unknown territory and with the NFT market being a relatively new space, it can feel somewhat overwhelming.
There’s an abundance of information available and several helpful beginner guides and primers on NFTs, however, it can be a wise move to seek advice directly from NFT experts.
If you need help getting set up with your NFT collection, please don’t hesitate to speak to our NFT consultants.
Displaying Your Fine Art NFTs
For art collectors, there are multiple options available when it comes to displaying your NFTs, you can choose to display them digitally, physically or perhaps take the hybrid route and get the best of both worlds.
For physical display, you can print your NFTs and frame them as still images for display, perhaps even with a QR code to enable a quick scan to see the digital version. Digital NFT frames are another option for physical display, using this method even your animated NFTs can be seen physically, in all their splendour.
With virtual options you can use augmented reality; blank frames and VR headsets, again making good use of QR codes, or you could house them in your own private gallery space within the metaverse.
Consider Traditional Fine Art Collecting
It may well be that NFTs are the thing that opened you up to the prospect of collecting art in the first place, and perhaps traditional fine art will suit your personal requirements more than digital.
It’s always a good idea to keep your options open as well as have an open mind when looking into starting an art collection, whether that is traditional or through NFTs.
The art market is more accessible now than ever before. As with NFTs, we can help you find rare, profitable traditional artworks through our close network of galleries and private collectors.
Just contact our expert advisors if you’d like to learn more.
Consider Selling Your Fine Art NFTs In The Future
A frequently overlooked aspect of art collecting is treating your collection as an investment portfolio, seeking the help of experts when building your collection and treating it with the long-term view of selling it in the future.
We’ve witnessed some fast turnarounds on NFTs already in recent years, and id this trend continues, it could be worth taking into account the option of selling them in the future when you’re looking at collecting them.
Are You Looking For Exclusive Fine Art NFTs?
Zeno Fine Art is a pioneering art publishing house, connecting galleries to artists and providing a quality worth collecting.
Our fine art consultants are trained experts in non-fungible tokens and experienced in navigating blockchain technology.
Whether you’re a collector looking to add some fine art NFTs to your collection or an art business interested in trade or looking to learn more about NFTs as well as discover Zeno Fine Art’s exclusive NFT collection:
Feel free to contact our expert consultants or sign up for a trade account with us.
Our trade clients benefit directly from access to all of our stock at a fixed, discounted wholesale price with exclusive notifications and a dedicated, bespoke service providing support and guidance in selecting and curating the perfect collection to fit your gallery’s style and needs.
Learn more about NFTs at Zeno Fine Art.
Featured Artwork: David Sheldrick - Coloris #1