A new NFT survey carried out by Privacy HQ, an online privacy knowledge base, has unveiled some interesting findings. The site recently published findings from a 1000-person survey on NFTs, as well as an auction experiment comparing NFTs to physical art. Overall, while many respondents see NFTs as a natural evolution of art, nearly as many believe that NFTs are harmful to artists creating physical work.<\/p>\n To sum up, the Privacy HQ team surveyed 1,000 people. The first part of the survey involved asking respondents some general questions about their relationship to NFTs. Privacy HW also conducted an experiment asking respondents to compare NFTs to famous traditional art pieces.<\/p>\n The findings from the survey seem to fall in line with numbers from similar past surveys. For example, out of 1,000 respondents, 35.1% said they were very familiar with NFTs. 28.9% said they were somewhat familiar, while 36% said they were not very familiar.<\/p>\n Unsurprisingly, there was somewhat of a correlation between age and familiarity with NFTs. Indeed, respondents between the ages of 25 and 45 all fell around the 40% mark for how many were very familiar. In contrast, this number dropped down to 29.2% for the 46-55 age range, and 15.2% for people 56 and over.<\/p>\n Significantly, the survey also showed that many people are still dubious about the effects of NFTs. To that end, 46.6% of all respondents said that NFTs reported a belief that NFTs were \u201cconcerning for the environment.\u201d At the same time, 47.7% of respondents said that \u201cNFTs are detrimental to artists who produce physical pieces.<\/p>\n It\u2019s important to note that over half of the respondents, 53.3%, answered that NFTS are \u201cthe natural, digital evolution of art.\u201d Given all that, the survey seems to point to a growing acceptance of NFTs as more than just a passing fad. Even so, it is clear that concerns about NFTs\u2019 environmental impact and their effect on traditional artists, still abound.<\/p>\n To be sure, the issue of NFTs and the environment is well hashed at this point. More interesting perhaps, is the attitude that NFTs are harmful to artists who create physical art. It\u2019s easy to understand why people may think that.<\/p>\n In reality, however, many major physical artists and art institutions have embraced NFTs with open arms. As a matter of fact, there are reasonable arguments that NFTs have created more opportunities for all kinds of artists, not just digital artists.<\/p>\n There was another fascinating element to the new NFT survey from Privacy HQ. Basically, the company held an \u201conline auction\u201d with respondents. The way this worked is that it presented respondents with 10 famous paintings and 10 NFTs.<\/p>\n Participants were then asked how much they would bid on each piece to buy it. This experiment bore some very interesting insights. Firstly respondents\u2019 bids mostly came in considerably lower than their last selling price. Although, the three artworks whose bid prices were closest to their real prices were all NFTs.<\/p>\n This new NFT survey is certainly worth checking out for the insights it gathered. You can find the full report on Privacy HQ\u2019s website.<\/p>\n![\"a](\"https:\/\/nftevening.com\/wp-content\/uploads\/2022\/04\/pixellisa2-01.png\"){kind=tracking}
New NFT survey suggests that despite NFTs going mainstream, we are still\u00a0<\/em>early<\/h2>\n
![\"infographic](\"https:\/\/nftevening.com\/wp-content\/uploads\/2022\/04\/NFT-survey-1.jpg.webp)
\n<\/picture>The negative narrative around NFTs still lingers<\/h2>\n
![\"graphic](\"https:\/\/nftevening.com\/wp-content\/uploads\/2022\/04\/nftsurvey2.jpg.webp)
\n<\/picture>Privacy HQ\u2019s online art auction experiment<\/h2>\n