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Everything you need to know about NFT

- April 6, 2021 | April 6, 2021 - arecent

What are the benefits of NTF art?

Galleries and auction houses are simply curated marketplaces, and the need for them will never go away. They may look different over time, but their core function and purpose will remain the same. We can see a huge increase in the demand for digital assets, especially as we start living more in the digital space. This will only continue to grow. As the digital world becomes more popular and you will see a huge difference art world!

I can click-right and download a million-dollar artwork! what is up with that?!

That’s right! You can. But NFTs are designed to give you something that can’t be copied: ownership of the work (though the artist can still retain the copyright and reproduction rights, just like with physical artwork) To put it in terms of physical art collecting: anyone can buy Nyan Cat. But only one person can own the original. what is NFT?

What are some examples of NFTs?

Garbage Pail Kids: an iconic cult-classic collectible since the 1980s reimagined as NFTs
I can right-click and download a million-dollar artwork! what can explain that?
William Shatner: the legendary actor whose roles include Captain Kirk in Star Trek, who released personal memorabilia to the public as trading cards.
CryptoKitties : the “OG” popular NFT series that skyrocketed NFTs to popularity back in 2016 and even though they quickly fizzled out, they are one of the most recognizable names in the NFT world since they were the first to be successful.
Blockchain Heroes : an original trading card series featuring the likenesses of personalities in the crypto and blockchain space
CryptoKitties, is a blockchain game on Ethereum that allows players to purchase, collect, breed and sell virtual cats ! image from CryptoKitties

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