NFT

Besides selling my physical art I recently stepped into the world of NFT's. Which are digital pieces of art existing on a (crypto) blockchain. Now some of you might wonder what is an NFT? 

 

Well NFT stands for non fungible token. “Non-fungible” means that it’s unique and can’t be replaced with something else. For example, a bitcoin is fungible — trade one for another bitcoin, and you’ll have exactly the same thing. A one-of-a-kind trading card, however, is non-fungible. If you traded it for a different card, you’d have something completely different. 

 

NFTs can really be anything digital (such as drawings, music, videos etc), but a lot of the current excitement is around using the tech to sell digital art. 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 a Monet print. But only one person can own the original. And this is exactly what you own when you own an NFT. The original token which only exists on the blockchain. Since it is a piece of 'crypto-art' the worth of the token can increase with the time and can be sold for profit. There are NFT's that go for tens of thousands of dollars so it's worth to hold onto your NFT for a while, it could make you rich! 

 

To visit my collection of NFT's please click on the following link and it will direct you to the marketplace: https://solsea.io/collection/61545b211732b77643f9e408