Digital Art and Collectibles – Cryptopolitan


Non-Fungible Tokens (NFTs) are digital assets that are unique and irreplaceable, making them a game-changer in the world of digital art and collectibles. NFTs use blockchain technology to securely store information about an asset and verify its ownership. The first NFTs appeared in the form of CryptoKitties, a popular blockchain-based game, in 2017. Since then, the popularity and usage of NFTs have exploded, with artists, creators, and collectors all taking notice of the potential that NFTs offer.

The popularity of NFTs has exploded in recent years, with some NFT sales fetching millions of dollars and attracting attention from investors, celebrities, and the art world at large. The “NFT craze”–as it is so-called– has created new revenue streams for artists and collectors, and opened up new investment opportunities for those looking to get in on the action.

The difference between NFTs and cryptocurrencies like Bitcoin or Ethereum must be well understood. NFTs are non-fungible, meaning they are unique and cannot be exchanged for other tokens or currencies of equal value….

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