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Art Deco Put NFT in wood digtial photo frame by Phone APP wifi control

NFTs can be applied in a very wide range of fields as they are just digital representations of ownership. There has been significant growth, especially in the arts and games sector. Note that digital artwork and game items are only a subset of a larger category of NFT collectibles. There are also emerging social tokens, which also belong to the category of non-homogeneous tokens, or are closely related to them. Art NFTs can make ownership easier to subdivide.
NFT transactions allow creators to obtain a certain percentage of income from all second-hand transactions in a fully automated way. In traditional art, artists typically don’t benefit from second-hand deals. Programmable art is another interesting concept, where works of art can incorporate on-chain data to dynamically update certain features or characteristics of the work. For example, one could create a programmable piece of art whose context would change if the price of ether exceeds some dollar value. There are countless creative possibilities.

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A common question about digital artwork is: what does it do? These works can be displayed in physical form in a digital photo frame for people to enjoy. Digital artist Beeple sold physical tokens containing digital NFTs and earned $3.5 million in an auction on the Nifty Gateway marketplace.

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Digital artwork can also be displayed in collections, such as the SuperRare profile page, and in virtual worlds. Cryptovoxels is a virtual world where users can buy and sell land as NFTs. As virtual reality spaces become more popular, the display of digital art will become more common. This and spending money on game items to customize the look of game characters are already a multi-billion dollar industry.

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A common skepticism is that people can screenshot, or copy, a photo so it’s not really scarce. Anyone can take a picture of the Mona Lisa, or create a replica of the Mona Lisa, but it’s not really the artist’s work.

Using NFTs, you can also prove the authenticity and tamper resistance of items.


Post time: Jun-21-2022