An NFT which stands for Non-Fungible Token is a unique digital asset stored on the blockchain.

What is nft for artists. We can look at an NFT like a uniquely made digital Certificate of Authenticity asset with a unique serial number and other metadata pertaining to the creator and creation date. Since then numerous artists see this latest innovation of blockchain-based technology to earn profits from their work. The digital certificate of authenticity is recorded at the time that the NFT is created so in the future if there are court cases they will be able to see who created the rights to the image.

This introduction to art collecting from a young age is novel as the. Because it simply gives a great opportunity for us to. The technology that allows this new kind of purchasing is the main draw among crypto enthusiasts.

Digital arts medium has no limitations and the artist unlike more traditional art forms where the artist is confined only to a canvas or a photo. What is an NFT. As stated above NFTs are digital tokens representing a work of art or media.

In the context of art NFTs provide unique and clear proof of ownership and authorship by the artist since the minting artist is always listed as the original owner of the digital artwork linked. But what does that mean. Think of an NFT like a first edition of a book signed by the author a print of a painting signed by the artist or a limited-edition vinyl record signed by all the members of the band.

Artists can provide their NFT details name description an image etc. Van Dorland is a digital artist an NFT art collector and founder of Arvable a digital agency helping artists explore the metaverse and NFTs. Even NBA Top Shot is raking in serious moolah with its own model.

While most of the artists in the NFT scene are painters and digital art creators 3LAU is different as he is a musician and made his name in the NFT community creating and selling music. In February 2021 before the massive sale of Beeples artwork for 69 Million dollars 3LAU was actually one of the record holders in the NFT scene as far as sales is concerned. Communities Are Very Important For an NFT Project Says Digital Artist Entering the NFT game young.