NFTs can be as original as a painting or as collectible as baseball cards.
What is an nft art piece. An NFT is a digital token that proves ownership of an asset. NFT artwork put simply is digital artwork. They are bought and sold online routinely with cryptocurrency and they frequently encode with the same underlying software as numerous cryptos.
The value of collectables and art are subjective in the physical and digital world but this ledger system gives a digital file authenticity. This is just where it is showing it self in the main stream. Photographs videos gifs audio and really any digital file can be represented as an NFT.
It can represent anything in a digital form and most commonly represent things that people value such as art music videos video. Blockchain technology confirms ownership of assets. Imagine walking into a shop and buying a painting.
An NFT is a digital asset that represents real-world objectives like art music in-game pieces and videos. It could be a piece of art or a song or a book online or even a clip from a long video. An NFT is a piece of digital art registered in the blockchain and that can be bought or sold.
In some cases you have no rights to any royalties no copyright over the piece of art and no real ownership to any extent. At the time of writing this article one of the pieces titled The Golden One received a bid of over US 11 million. Even Tweets are being sold as NFTs.
What is a NFT Artwork. Digital representation of art is easily copied and shared. Because it is securely stored in the blockchain an NFT is unique and non-interchangeable.