The growing craze behind NFTs (non-fungible tokens) and the exuberant prices which they sell for mean that more and more artists are considering selling tokens of ownership of their artworks on the blockchain as collectibles. The hype and the value involved, brings with it interesting innovations when it comes to the possibility for visual artists…
Another season, another NFT trend. The market in non-fungible tokens that made global headlines this year, is still making waves. One of the more recent developments has been the application of NFTs in the real-estate realm. Though the first NFT-based auction of real estate occurred in 2017, the idea is only now taking hold on…
Imagine you are the artist of an image and you hold the associated copyrights, as well. On one of your leisurely strolls across the internet, you find that someone has made an NFT of your image and has minted a thousand of these NFTs. These are now recorded on the blockchain. Only, you have never…
If you are on instagram, chances are you have seen your favourite artists start selling their pieces as NFTs. If you read the newspaper, you will have read about the first tweet selling for millions. If you are more of a long-read article enthusiast, you may have read about the environmental impact associated with NFTs….
You may have noticed that NFTs have been popping up in the news. Digital artist Mike Winkelmann, known as Beeple, sold a collage of his works for a whopping $69.3 million worth of Ether, a cryptocurrency. Quite the sum for a JPEG file. Everybody seems to be jumping on the NFT train lately; Taco Bell…