What is cryptoart & how does it work?
Could you elaborate on the concept of cryptoart and its underlying workings? As a finance professional, I'm intrigued by this intersection of art and digital currencies. What defines cryptoart? Is it solely digital representations of traditional art, or does it encompass new forms of artistic expression? How does the blockchain technology facilitate the creation, ownership, and trading of cryptoart? What are the potential benefits and challenges associated with this emerging field? I'm eager to understand the nuances and implications of cryptoart within the broader cryptocurrency and financial landscape.