What is AsyncArt?
Async Art is an NFT marketplace powered by the Ethereum blockchain network and Pinata Cloud, which hosts multi-layered programmable digital art. They offer a Master-art piece that forms the basis of the artwork, along with additional layers that update the artwork’s appearance.
Who created AsyncArt?
Incorporated in January 2021, this platform operates under the name of Asynchronous Art Inc and is based out of the San Francisco Bay Area in the United States. The private company is currently backed by 8 investors and raised $2 million in its seed funding round on 18 February 2021.
The investors in the seed funding round are Divergence Ventures, Collab+Currency, Inflection Ventures, The LAO, Blue Wire Capital, Lemniscap, Semantic Ventures, and Galaxy Interactive.
What is an NFT?
NFT is an acronym for “Non-Fungible Tokens”. Something which is fungible is replaceable. For instance, one kilo of 24 karat gold is – at least in theory – replaceable with any other kilo of 24 karat gold. When something is non-fungible, it means that it is unique, and not replaceable with any other item out there.
Although NFTs are conceptually similar to cryptocurrencies, these digital assets might represent antiques & artworks, collectables like trading cards, and other items with unique features. These tokens are stored cryptographically in a blockchain network for authentication and validation. Even when transacting, each token is sold as a whole, unlike cryptocurrencies which are divisible into smaller units. NFTs lose their value when split into smaller portions, however, they can be duplicated by the artist and each additional copy can be sold separately (but the total number of duplicates will then always be known).
Is investing in Async Art a good investment?
It is impossible to speculate about whether investing in AsyncArt’s NFTs are a good investment or not. The best answer we can give you is to show a picture of the price development so far. But remember, the historic return on investment is under no circumstances a guarantee of the future return on investment.
The following picture shows the price development for Async Art’s NFTs as of 13 April 2021. The picture is obtained from OpenSea.io.
As is evident from the above picture, as of 13 April, 2021, the all-time average price is ETH 3.4947 and the all-time volume in the market of AsyncArt is 3,456.2809 ETH.
How many AsyncArt NFTs are out there today?
At the date of first writing this review (13 April 2021), there were 1,400 different artworks out there. They offer single as well as bundled artworks.
How expensive is the most expensive AsyncArt ever sold?
AsyncArt’s most expensive NFT was the “Right Place & Right Time (Bitcoin Hourly Price Offset)” priced at ETH 262. Here’s it is:
Where can I buy AsyncArt?
There are numerous NFT marketplaces out there where you can buy NFTs. The biggest of them all is OpenSea.io. AsyncArt can of course also be bought there.
To find all other NFT marketplaces where you can buy AsyncArt, please visit or NFT Marketplace List (the largest, most updated and most comprehensive such list in the world).