One of the obvious benefits of buying art is that you can fund artists you like, and that goes for NFTs (which are far more trending than Telegram stickers) as well. Make sure you see some of this benefit if your work becomes very popular and has great value. NFTs also have a feature that you can activate that pays you a percentage each time the NFT is sold or changes hands. What do you do when you have a really cool digital sticker idea? Sell in the iMessage App Store? Under no circumstance.
You might be interested in NFTs because it gives you the opportunity to sell work that might not otherwise have a large market. It really depends on whether you are an artist or a buyer.įirst of all, I am proud of you. With digital art, a copy is literally as good as the original.īut the to bend owning an original Beeple … If I had got a Monet, I could appreciate it as a physical object as well. This last one sold for $ 3,600, but the current owner is asking for $ 16,300. In fact, one of Beeple’s pieces is being auctioned off at Christie’s, the family – I’m sure some people really hope so – like the one who paid nearly $ 390,000 for a 50 second Grimes video or the person who paid $ 6.6 million for a Beeple video. Many conversations are about NFTs as a further development of art collecting, only with digital art.ĭo people really think this is going to be like collecting art? I don’t think anyone can stop you, but I didn’t really mean that. NFTs can really be anything digital (like drawings, music, your brain has been downloaded and turned into AI), but a lot of the current excitement is using the technology to sell digital art. What is it worth to be picked up at the NFT supermarket? It’s worth noting that other blockchains can implement their own versions of NFTs. Ethereum is a cryptocurrency like Bitcoin or Dogecoin, but its blockchain also supports these NFTs, which store additional information that makes them function differently than an ETH coin, for example. You gave up a squirtle and got a T206 Honus Wagner in 1909, the StadiumTalk calls “the Mona Lisa of baseball cards.” (I’ll take your word for it.)Īt a very high level, most of the NFTs are part of the Ethereum blockchain. If you swapped it for another card, you’d have something completely different. However, a unique trading card is not fungible. For example, a bitcoin is fungible – swap one for another bitcoin and you have exactly the same thing. “Non-fungible” means more or less that it is unique and cannot be replaced by anything else.
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