The world of motorsport artistry is well-established and highly varied from classical to Pop Art.
In 1900, motorsport art captured the excitement of early races.
During the 20s and 30s, the influence of the Art Deco movement was felt.
Following WWII’s resurgence in motorsport, a new style of art emerged, even sculptures and Pop Art.
In the 70s and 80s, motorsport art was further popularised with increased TV coverage.
Followed by Modern Trends, including Hyperrealism, Mixed Media and Limited-Edition Prints.
With the resultant impact on Motorsport Culture, with Brand Collaborations, Commemorative Art, and Museums dedicating sections to motorsport art.
Then, there is a crossover with popular culture in films, video games, and merchandise.
Now, non-fungible tokens (NFTs) have appeared.
NFTs are unique digital assets verified by blockchain that provide monetisation and, evidently, ensure provenance.
NFTs are supposed to enable traceability and verification of transactions and reduce fraud.
Others argue, ‘one major drawback of blockchain investments is their substantial energy consumption, which negatively impacts both the economy and the environment.’
I am still confused, clearly and need clarification on the whole issue!
It seems to me that investing in motorsport NFTs seems like betting on a race; it is thrilling and unpredictable and best enjoyed with a stiff drink.
Buying an NFT is like buying a Formula 1 car: you can own it, but good luck explaining it to your mum.
