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Empowering the Art Industry in Web3: CESS Leads the Way

Asthe world has fully embraced digitalization, every aspect of daily life has been impacted by Web2. However, art remains a timeless and creative source of inspiration, yet the way it is displayed and stored is constantly evolving with technology. The emergence of digital art as a new art form is a testament to the transformative power of internet technology.

Now, the Web3 era is on the horizon, and blockchain technology is making its way into various industries, including the art world. Decentralized storage based on blockchain technology is a critical infrastructure of Web3, and its emergence has brought exciting new possibilities to the art world.

This article explores how Web3 storage technology is empowering the art field and revolutionizing the way art is digitally transformed. We will discuss the current status of blockchain technology in the art world, identify the problems that the art world faces, and showcase how decentralized storage technology can solve these problems. Most importantly, we will introduce the Cumulus Encrypted Storage System (CESS), a secure and efficient storage platform that enables artists to promote their works to the market and propel the growth of digital art, leading art into the Web3 era.

NFTs have been at the forefront of the blockchain technology revolution in the art field, especially in fine art. NFTs, or Non-Fungible Tokens, are digital assets that represent the ownership of physical assets such as artworks with uniqueness and non-substitutability. Artists can tokenize their works and issue NFTs that represent them, and the chain storage of these NFTs requires decentralized storage technology.

The impact of NFTs has been tremendous. One such example is Mike Winkelmann who has been creating a digital artwork every day since May 2007. He combined his 5,000-day paintings and sold them as an NFT for a whopping $69 million. Additionally, famous street graffiti artist Banksy has had his work “Morons” purchased by Injective Protocol blockchain company and sold as NFTs after the artwork was burned live. Even museums have joined in on the NFT craze, offering NFT versions of their most famous paintings. NFTs have truly exploded in the art field, demonstrating the potential of blockchain technology and the combination of decentralized storage and art.

Why Art Needs Decentralized Storage

The art industry is facing a number of pain points including excessive power centralization, difficulty in trading artworks, and challenges in storing and protecting them. These issues have resulted in a non-transparent art market with high commission fees and frequent copyright disputes, severely hampering the development of the art industry.

Decentralized storage technology offers a potential solution to these pain points. Due to its features such as information security, shareability, and transparency, it can provide more transaction methods and circulation channels for artists and collectors, reducing intermediate costs and risks, while better protecting the copyright and privacy of artworks. Decentralized storage technology can also transfer art from physical to digital space, providing convenience for artworks to circulate and allowing more people to access and appreciate them, thereby promoting a healthy development of the art market.

Ownership Protection

Using blockchain technology, artists can store their artwork copyright information on the blockchain, ensuring the copyright and ownership of their works. At the same time, blockchain technology can record transaction and ownership transfer records of artworks to ensure transaction transparency and ownership traceability.

Complete Storage

The traditional art market usually requires complex coordination and intermediaries among collectors, artists, galleries, auction houses, and others, which also poses certain risks such as art loss or damage. With the development of Web3 storage technology, artists can encrypt their works and store them on the blockchain, ensuring the integrity and permanence of the artworks.

Display and Trading

Distributed storage technology can also provide more diverse and decentralized ways to display artworks, enabling more artists and artworks to be appreciated by audiences worldwide. For example, through NFT technology, artists can create digital assets from their works and store them on decentralized storage networks, realizing more secure and flexible transaction methods.

In addition to NFTs for artworks, other forms of art such as music can also benefit from decentralized storage for better protection and promotion. For instance, decentralized storage can provide better protection for audio files, allowing artists to earn more revenues and realize more transparent and fair transactions. Moreover, music works can be widely shared and promoted through the decentralized storage network.

CESS Empowers the Art Industry

As the first blockchain network in the Web3 industry to support large-scale commercial storage, CESS provides a decentralized full-stack solution for Web3 data ownership, privacy and security, high availability. With its innovative technology, CESS can offer the art world even more development advantages and application scenarios, thereby promoting the art industry’s entry into Web3.

Protecting Art from Piracy and Theft with CESS

Due to their reliance on network transmission, digital artworks are highly susceptible to hacking and piracy. Consequently, penetrating traditional markets can be a major obstacle. It is crucial to prioritize security considerations, especially given the frequency of NFT theft in the Web3 industry.

CESS has the potential to revolutionize the art world by fulfilling basic requirements for ownership proof, complete storage, diverse display, and art trading through its innovative technology. Its Multi-Format Data Rights Confirmation mechanism (MDRC) and Proxy Re-Encryption technology (PReT) offer unique digital fingerprints that establish data ownership and enable data owners to change ownership without revealing data content.

CESS Facilitates the Sharing of Art

Through CESS’s decentralized cloud storage service, digital artwork can be circulated and traded worldwide, promoting seamless transactions and value transfer. Moreover, CESS ensures that art is permanently stored, allowing its value and significance to be passed down from generation to generation.

Art DApps — Build a Web3 Art World on CESS

Using CESS, artists can also build decentralized applications (dApps) that meet different artwork promotional and usage needs. This includes creating a decentralized platform for a Web3 artist’s work by utilizing CESS’s decentralized large-scale storage advantage.

Scaling Phenomenon DApps with CESS

As the foremost decentralized cloud storage network, CESS is dedicated to advancing the use of decentralized storage technology in the art industry. CESS’s decentralized object storage service(DeOSS) not only offers efficient and secure storage services but also supports the commercial storage of large-scale phenomenon dApps. By leveraging this technology, CESS can empower more artists and cultural institutions to share and trade their works on its platform.

The Web3 Digital Art Market

With a decentralized art platform based on blockchain technology, artists and cultural institutions will have access to digital copyright management, artwork sales, art valuation, and auctions. This platform offers more business opportunities and economic support, which can promote the development and prosperity of the digital art market.

Secure and Efficient Storage Services

CESS’s decentralized storage technology offers a more secure and efficient digital media storage method for artists and cultural institutions to manage, showcase, and trade their works with ease.

Building an Art Collaboration Platform

The decentralized storage platform allows artists from different regions to collaborate seamlessly, without the need to worry about file storage, sharing, and version control. By providing a secure and decentralized collaboration platform, artists can focus on their work, secure in the knowledge that their creations are protected and easily accessible.

Immersive Art Experience

With the rise of VR technology like the Metaverse, decentralized storage can empower artists with a robust and secure platform to create and share immersive digital art experiences. Decentralized storage ensures the availability and accessibility of high-quality digital assets, enabling artists to push creative boundaries and captivate audiences in novel and exciting ways.

Conclusion:

The adoption of decentralized storage technology presents promising opportunities for the art industry in Web3 and is expected to accelerate the growth of the digital art market. CESS, being the industry’s leading decentralized cloud storage network, offers secure, efficient, and scalable storage capabilities. Its pioneering Decentralized Object Storage Service (DeOSS) technology enables the large-scale commercial storage of phenomenon dApps, thus providing robust technical support for constructing a Web3 decentralized art platform. When we make sure that people own and share their data freely, we can trade, show, and share more digital artworks in a decentralized system. This way, we can fully realize the potential of combining art with decentralized storage, and explore all the amazing things we can do with it.

2023.04.04 14:30
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