Art which is created based on the belief that its creation is more important than its consumption.
Jeff: "Did you hear that new album that Chuck and his band put together in a day?"
George: "Yeah, I heard it's crap art, but it still sounds pretty good."
Art for art's sake, usually accompanied by a fake deep statement on the bottom.
A Crap Art picture of a frog kissing a pig, and the Russian flag is in the background. Underneath it says "Lordy lord what a gourd!"