Looking at NFT Art Through the Eyes of Virtual Communities: A Netnographic Analysis

With the rapid advancement of technology, the transformation of images into digital codes has enabled computer technologies and their derivatives to be included in the art environment, production, and exhibition methods, as well as traditional tools used in artworks. Blockchain and NFT technology, w...

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Main Authors: Murat Aytas, Ceren Karaviran
Format: Article
Language:English
Published: SAGE Publishing 2025-01-01
Series:SAGE Open
Online Access:https://doi.org/10.1177/21582440241311348
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author Murat Aytas
Ceren Karaviran
author_facet Murat Aytas
Ceren Karaviran
author_sort Murat Aytas
collection DOAJ
description With the rapid advancement of technology, the transformation of images into digital codes has enabled computer technologies and their derivatives to be included in the art environment, production, and exhibition methods, as well as traditional tools used in artworks. Blockchain and NFT technology, which emerged because of these developments, merged with art to create a new digital art field. This new technology offers new perspectives on the preservation, exhibition and evaluation of art and plays an important role in the digital art economy. The main problematic of this study is to develop an in-depth understanding of the rise of NFT (Non-Fungible Token) technology in the art world and how this new digital art form is perceived by virtual communities. The effects of NFT on the production, distribution, appropriation, and evaluation of artworks have provoked different reactions among artists and art lovers. This study aims to reveal the value, acceptance, and criticism of NFT art in virtual communities through a netnographic analysis. In this study, the perspectives of virtual communities on NFT were examined using a netnographic analysis method. For this purpose, forum sites such as Donanım Haber, R10, Reddit, Shift Delete and Technopat, which have high traffic and active members, were selected and the content shared on these sites between January and October in 2021, when NFT was popular, was analyzed. Discussions, comments, and opinions about NFT on these sites were analyzed in depth. As a result of the study, it was determined that NFT has received various reactions in the art world, some users find this technology meaningless and speculative, while others see NFT as a revolutionary step in the digitalization of art. It is concluded that NFT offers new opportunities to artists and collectors by securing the ownership, authenticity, and trade of artworks in a digital environment.
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spelling doaj-art-191f297c93f24543aae33eb923b1fb652025-01-03T15:03:20ZengSAGE PublishingSAGE Open2158-24402025-01-011510.1177/21582440241311348Looking at NFT Art Through the Eyes of Virtual Communities: A Netnographic AnalysisMurat Aytas0Ceren Karaviran1Selçuk University, Konya, TurkeySelçuk University, Konya, TurkeyWith the rapid advancement of technology, the transformation of images into digital codes has enabled computer technologies and their derivatives to be included in the art environment, production, and exhibition methods, as well as traditional tools used in artworks. Blockchain and NFT technology, which emerged because of these developments, merged with art to create a new digital art field. This new technology offers new perspectives on the preservation, exhibition and evaluation of art and plays an important role in the digital art economy. The main problematic of this study is to develop an in-depth understanding of the rise of NFT (Non-Fungible Token) technology in the art world and how this new digital art form is perceived by virtual communities. The effects of NFT on the production, distribution, appropriation, and evaluation of artworks have provoked different reactions among artists and art lovers. This study aims to reveal the value, acceptance, and criticism of NFT art in virtual communities through a netnographic analysis. In this study, the perspectives of virtual communities on NFT were examined using a netnographic analysis method. For this purpose, forum sites such as Donanım Haber, R10, Reddit, Shift Delete and Technopat, which have high traffic and active members, were selected and the content shared on these sites between January and October in 2021, when NFT was popular, was analyzed. Discussions, comments, and opinions about NFT on these sites were analyzed in depth. As a result of the study, it was determined that NFT has received various reactions in the art world, some users find this technology meaningless and speculative, while others see NFT as a revolutionary step in the digitalization of art. It is concluded that NFT offers new opportunities to artists and collectors by securing the ownership, authenticity, and trade of artworks in a digital environment.https://doi.org/10.1177/21582440241311348
spellingShingle Murat Aytas
Ceren Karaviran
Looking at NFT Art Through the Eyes of Virtual Communities: A Netnographic Analysis
SAGE Open
title Looking at NFT Art Through the Eyes of Virtual Communities: A Netnographic Analysis
title_full Looking at NFT Art Through the Eyes of Virtual Communities: A Netnographic Analysis
title_fullStr Looking at NFT Art Through the Eyes of Virtual Communities: A Netnographic Analysis
title_full_unstemmed Looking at NFT Art Through the Eyes of Virtual Communities: A Netnographic Analysis
title_short Looking at NFT Art Through the Eyes of Virtual Communities: A Netnographic Analysis
title_sort looking at nft art through the eyes of virtual communities a netnographic analysis
url https://doi.org/10.1177/21582440241311348
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