Open edition

There will be as many pieces minted as are bought in that window of time. Once the window closes, no more editions of that NFT will be minted. Open editions can be a type of drop , and therefore a marketing tool.

For most NFTs created on non-curated platforms like OpenSea and Rarible , though, it's not necessary to specify whether an NFT is part of a limited or open edition if the artist is not in high demand. Open editions may or may not have an edition number, and may or may not advertise the total number of editions created.

In early , the artist toomuchlag dropped a collection called " My Journey " on Nifty Gateway that featured both normal limited editions and open editions.

The four NFTs in the main limited collection were sold at auction and limited to 25, 15, 3, and 1 edition, respectively. This means that each of the four pieces would produce only that many editions as long as there were enough buyers in the auction to fill up that number.

The open edition collection featured a single NFT called Le Anime that had no limit on the number of editions that could be purchased. You might love a piece that I loathe and vice versa. Can you number your open-edition prints like a limited-edition print? He has vowed to stop producing prints once his print chemical supply runs out. That is legitimate case of scarcity right there regardless of whether the print has a pre-defined edition size or not.

Are open-edition prints more affordable than limited-edition prints? It depends. Some photographers price that way. In my case, prints are priced based on production and overhead costs with margin applied on top of it because I have to work in order to earn a living.

Some photographers also charge a lot more than I do. My focus is on offering the best quality artwork that I can and not cut corners. So it really just depends. How can I buy an open-edition fine art photography print?

Browse my website galleries for my print collection. Any photo not labeled as a limited-edition print is an open-edition print at this time. Sculptures may also be produced in limited or open editions, but they are not considered "prints" because the reproduction process is done through casting rather than printing.

Some books are also released in limited edition printings, especially art books, but most books are considered open edition because reprintings are generally based on reader demand rather than the creator's decision to print. Instead, books may have first, second and third editions and beyond, each of which refers to a fresh print run, generally of a few thousand books each, with first editions being more valuable than later editions.

Regardless of the lower monetary value of open edition prints, if you are buying art for your personal enjoyment, the type of edition should not have influence over your selection. If you are buying fine art as an investment and your personal appreciation of the piece is secondary, limited editions or original artworks are generally a better investment than open edition prints. Anne Hirsh has been writing and editing for over 10 years. She has hands-on experience in cooking, visual arts and theater as well as writing experience covering wellness and animal-related topics.

She also has extensive research experience in marketing, small business, Web development and SEO.