What does NFT mean and How one can create NFT Digital Art?
What is all this buzz about ??
You might have wondered why billionaires are pouring millions of dollars to buy NFT digital art? To much surprise, Twitter founder Jack Dorsey put his signature as NFT digital art for sale.
What is NFT??
The word NFT is buzzing around us for the past three weeks. You might have longed to know about it. Here’s the article that explains what NFT art is and how to make and put them for sale.
NFT is a short-form for Non-Fungible Token. In simple words, NFT is a unique token that cannot be replaced with something. They are the new digital assets like bitcoin and you can own them in the form of collectible artworks, playing cards digitally. NFTs are non-destructible and can be verified as they carry their own information that is built mainly on the Entherium blockchain network.
A non-fungible token (NFT) is a unit of data on a digital ledger called a blockchain, where each NFT can represent a unique digital item, and thus they are not interchangeable. NFTs can represent digital files such as art, audio, videos, items in video games and other forms of creative work. The NFTs can be bought on an NFT market. Access to any copy of the original file, however, is not restricted to the owner of the token. While the digital files themselves are infinitely reproducible, the NFTs representing them are tracked on their underlying blockchains and provide buyers with proof of ownership of the NFTs.
Source link credit https://en.m.wikipedia.org/wiki/Non-fungible_token
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My first NFT image created on GIPHY app
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