Posts

Showing posts from August, 2021

What are or NFTs? Why are they taking the digital art world by storm?

Image
  NFTs or non-fungible tokens are currently taking the digital art and collectibles world by storm digital artists are seeing their lives change thanks to huge sales to a new crypto audience and celebrities are joining in as they spot a new opportunity to connect with fans.  NFTs or non-fungible tokens are immutable digital tokens non-fungible means it's unique and can't be replaced with something else for example bitcoin is fungible you can trade one for another but not nfts where bitcoin was hailed as the digital answer to currencies nfts are now being touted as the digital answer to collectibles .nfts in the digital world can be bought and sold like any other piece of property they are not a tangible form of their own but their tokens can be thought of as certificates of ownership for virtual or physical assets. an image video game tweet can be turned into an nft and monetized nfts can be digital artworks virtual game accessories collector cards audio files etc ... How Do NF