![]() In essence, they act as assurances of legitimacy because each one has its own unique encryption key that cannot be compromised.Īn NFT keeps a record of the artwork’s designer, the current value, and the owner. They can be described as distinct data units kept on a highly secured blockchain ledger. NFT is an abbreviation for the term “non-fungible token”. In actuality, the digital arts are rapidly becoming one of our age’s most valued creative forms. Yet, just because we can’t physically touch these NFT artworks doesn’t make them any less valued. ![]() Many artists are now producing art digitally, and a large number of their works only exist as images on a monitor. As technologies advance, so do the methods for creating and enjoying art. Many incredible artworks, ranging from sculptures, drawings, and paintings, have been created in the physical world since the inception of art.
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