Non-fungible token (NFT) is the opposite of a fungible token, which describes the interchangeability of a token. For example, say you had three notes with identical smiley faces drawn on them. When you tokenize one of them, that note becomes distinguishable from the others—it is non-fungibl...
One famous painter who has ventured into the world of NFTs is Damien Hirst. Known for his contemporary art and provocative pieces, Hirst launched an NFT project called “The Currency” in 2021. This project involved creating 10,000 unique dot paintings, each paired with an NFT. What is an ...
3.Beeple– Mike Winkelmann, also known as Beeple, has been posting a new digital picture every day for the last 13 years. South Carolina-based digital artist is one of the most trending artists online. HisEvery day: The first 5000 daysof digital art, are the most successful. With NFT ar...
Once the NFT is minted, it is assigned a unique token ID on the blockchain. The artist can then list the NFT profile picture on the platform's marketplace, where potential buyers can discover and purchase it. Effective listing and promotion involve providing engaging and accurate information a...
1. NFT for Dummies: What Is it? NFT is an acronym for non-fungible token. They’re tokens in a blockchain representing unique digital or physical assets. NFTs are tokenized, meaning each and every one of them is unique and unlike any other. And that includes different versions of the as...
Okay, so this is a whole thing. Technically, yes: when you say NFT you’re referring to an entry on the blockchain.However, the actual media, like the picture, GIF, orflagrant flaunting of copyright lawis very rarely actually stored on the blockchain — it’d be too expensive to do ...
NFT trading markets and platforms are popping up in response to the new blockchain craze. See our guide to understanding NFT trading, including pros & cons.
1/1 artwork refers to an NFT that is one of a kind and not part of a larger collection. Most NFT collections are created by drafting multiple traits and generating them onto 1,000-10,000 base models. 1/1 artists take a more traditional approach to making NFTs and of the15 largest NFT...
8K TV is the highest resolution TV that has been released recently among UHD (ultra high definition) TVs. With four times more pixels than a 4K TV—another type of UHD resolution—8K TVs show a sharper and more detailed picture quality. This is because in 8K TVs pixels are so small they...
“The Progress Picture” –This one is tricky, but is often filed underNSFW on Reddit. For instance, say you’re part of a fitness/lifestyle subreddit, something liker/keto, for instance, and you want to post a picture of your weight loss. You might do this in your underwear, to sho...