Creators continue to push the boundaries of creativity using NFTs, adapting them in new and innovative ways. NFT assets can take the form of digital art, collectibles, a creative extension of music, a synergy between all three, or entirely new and unexplored compositions.
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In turn, a revolution is paving the way for artists to create and monetize their work while collectors have full transparency into the authenticity and provenance into their purchases. The advent of NFTs have created a new medium for artists and creators to showcase their creations or collections. A non-fungible token (NFT) is unique and can represent any digital asset on a blockchain (such as Ethereum, Solana, Flow, Tezos, etc.), thus making it scarce, provable, and valuable. What's the Importance of Non-Fungible Tokens? However, for those with limited time, we will provide the sweet and short background. Please check it out for a deeper outline. Our friends at Artnome wrote an incredible article outlining what CryptoArt is at the time of publication, January 19, 2019.
CryptoArt, and NFTs, combine the worlds of time-based media art, backed on the blockchain, decentralized, provably scarce and authentic, and most importantly pro-artist. The term CryptoArt brings up a mix of emotions depending on who you ask. Written by Branyce Wong NFTs, CryptoArt & CryptoCollectibles It Doesn’t Have To Be Cryptic
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