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NFT art refers to digital artwork that is authenticated using non-fungible tokens (NFTs).
NFT art allows artists to control the distribution and ownership of their work in a decentralized manner.
Artists do not need to rely on traditional galleries or auction houses to sell their artwork. Instead, they can sell their art directly to collectors on blockchain marketplaces such as OpenSea or Nifty Gateway.
Additionally, there is concern about the potential for fraud or misrepresentation of NFT art, and the lack of regulation and standards for NFT marketplaces.
Nothing beats an explosion of blockchain news to leave you wondering, “Um… what’s going on here?”
That’s how I felt when I read about Grimes being paid millions of dollars for NFTs or Nyan Cat being sold as one.
Nothing beats an explosion of blockchain news to leave you wondering, “Um… what’s going on here?”
That’s how I felt when I read about Grimes being paid millions of dollars for NFTs or Nyan Cat being sold as one.
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