Certainly, and you thought navigating the thousands of available cryptocurrencies was confusing, prepare to have your mind blown by NFTs. These one-of-a-kind digital assets number in the millions, offering their buyers ownership of digital content such as images, videos and music.
Yea ...Prior to the existence of Cryptocurrency, we never really got to own something that was completely digital. We passed around videos and motion graphics, repurposing and reposting them, but there wasn’t this current opportunity to automatically assume complete, concrete ownership over a digital file or artwork.
Correctly, and in order to sell them, designers need to get some kind of ‘legal’ ownership of their work. So, after NFT art is created, it’s ‘minted’ or tokenized on the cryptocurrency service, Blockchain. The Blockchain is a digital transaction system that records information in a way that makes it very difficult to hack or scam, which means it’s extremely useful for tracking copyright ownership and maintaining records of creation. Theoretically, any digital masterpiece you create and mint will lead solely to you.
Ultimately, this process should allow digital artists to gain formal recognition for their work, similarly to how a painter like Gustav Klimt is credited with his infamous painting, The Kiss. The issue surrounding this very new concept is that although Blockchain does have contracts in place to support the legalities of minting and copyrighting cryptoart, none of these have yet been tried or tested in court.
This is truly the best time to be a part of the metaverse
It is isn't it?
It really is
What a time to be alive😏
😀
I'm very excited about it
Investment on point
On point
I'm in
👍
Safe to buy
NFTS are now the future of the crypto space. What a time to be alive.
I'm eager to see their impact on the crypto space and the world in general in the years ahead
👍
I know right. It's brilliant
Absolutely brilliant
👍
It's astounding how NFTs are being used to fund the production of animated series now. Crypto truly is the future
Within the next 10 years, NFTs are definitely going to dominate the crypto space
Yeah. I speculate that as well
Same here
NFTs are making waves right now and I'm all for it😌
Certainly, and you thought navigating the thousands of available cryptocurrencies was confusing, prepare to have your mind blown by NFTs. These one-of-a-kind digital assets number in the millions, offering their buyers ownership of digital content such as images, videos and music.
Yea ...Prior to the existence of Cryptocurrency, we never really got to own something that was completely digital. We passed around videos and motion graphics, repurposing and reposting them, but there wasn’t this current opportunity to automatically assume complete, concrete ownership over a digital file or artwork.
The rise of NFT’s changes this, allowing creators the authority to rent digital artworks out, to sell them or display them how they wish.
Correctly, and in order to sell them, designers need to get some kind of ‘legal’ ownership of their work. So, after NFT art is created, it’s ‘minted’ or tokenized on the cryptocurrency service, Blockchain. The Blockchain is a digital transaction system that records information in a way that makes it very difficult to hack or scam, which means it’s extremely useful for tracking copyright ownership and maintaining records of creation. Theoretically, any digital masterpiece you create and mint will lead solely to you.
Ultimately, this process should allow digital artists to gain formal recognition for their work, similarly to how a painter like Gustav Klimt is credited with his infamous painting, The Kiss. The issue surrounding this very new concept is that although Blockchain does have contracts in place to support the legalities of minting and copyrighting cryptoart, none of these have yet been tried or tested in court.
I love this...
👍
👍
SPLENDIOUS
Fantastic article, thanks! Lots of info, lots of good opinions.
😍
Love the conversation
👍
💪
Absolutely astounding. I'd like to learn more about this
It really is very intriguing
Now is the best time to invest!!!!
Yep✔
This is amazing. I advise everyone to invest in this
Very smart investment
A very smart investment that I feel everybody should try out.
I'll most like invest in it before the next week
I have plans to do so as well
Same here
I advise anyone interested in crypto to try out NFTs. They're currently trending worldwide
Best thing to invest in right now
The absolute best
A very very wise investment 🔥🔥
I'm interested in getting to know more about cryptokicks. Perhaps it could be posted in the next newsletter.
I'd really like to see how it affects the crypto market generally
I'm a newcomer here but I'm very much interested in investing in NFTs after reading this article
As am i
Yeah. Me too
I'd like to know a bit about the best NFTs to invest in
Me too
Perhaps they might be posted in the next article.
👍👍👍👍
Interesting article. I'd like to know more about this.
Thank you for this highly informative article. I really learnt a lot from it
Me too
Now I've seen my motivation to go into NFT trading. Thanks for this
💪
I like how educational this article is. Thanks so much for this
This has suddenly caught my interest. I think I'd like to invest in NFTs later this week