What is NTF Art?
NFTs are a new way to own and collect original artwork.
The world of NFTs and NFT art can be hard to get your head around. Don’t worry though, we’re here to help break it down or you.
An NFT is a “non-fungible token”, which is a special type of cryptographic token which represents something unique.
Cryptocurrencies like Bitcoin and Etherium are fungible in nature. Fungible means, for example, that you can trade one Bitcoin for another Bitcoin, and you’ll end up with exactly the same thing.
An example of Non-Fungible, would be a “one of a kind” painting like the Mona Lisa. You can’t trade the Mona Lisa for another Mona Lisa, as there is only one in existence. You can only trade the Mona Lisa for something completely different. This makes it “Non-Fungible”.
Non-Fungible Tokens are used to create digital ownership.
They are also used to create verifiable digital scarcity (and the possibility of using the asset across multiple platforms).
NFTs are used in several specific applications that require unique digital items like crypto art, digital collectibles, and online gaming.
Most NTFs and NTF Art is connected to the Etherium blockchain.
How can i buy NFT Art?
Firstly, you’ll need a cryptocurrency account. Coinbase is probably the most well known and easiest to use. That will allow you to buy cryptocurrency.
Then you’ll need to download a cryptowallet like Coinbase Wallet on your phone. You’ll see tabs for Coins and Collectibles.
Then you can follow the link to our NFT Art account on OpenSea and check out the NTFs that we currently have for sale or that we’ve created.
Or you can contact us directly and we can take payments and send the NFTs directly to your wallet.
Is NFT Art only Digital?
Yes, the short answer is NFT Art is digital. Sometimes it can be connected to a physical painting or collectible item. If you look at some of our tokens, they also include ownership of paintings or custom sneakers.
Why is NFT Art important?
NFT Art allows digital creators to monetise their work in a way that was only possible for traditional artists.
Also, every time the NFT is sold, the artist get a percentage of each sale. Which is really exciting.