Digital Art of the future explained.

Over this last year NFTs have surged in popularity and things have gotten more complicated. Most of the current buzz centers around digital art.

An NFT — short for non-fungible token — essentially allows its buyer to say that they own the original copy of a digital file, in the same way you might own the original copy of a piece of physical art or the master file of a music recording.

We live in a very digital world and that includes art. We are here to help explain what it all means. We stay on top of the news and keep you updated.

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The Basics

What Is An NFT?

NFTs, Explained

Watch Vid​eo

Johnny is one of the best at explaining complex issues in relatable ways. He explains NFTs in this video. "Finally someone who is willing to teach us younger guys instead of pushing some bs course on us. Appreciate it" - lamaris (YouTube)

NFT Collectio​​ns

 Adding Accessories to Art

Let’s talk about digital art collections. A collection can consist of popular items such as digital versions of baseball cards or popular toys. Artists also create collections that have only been seen in the digital world. They may develop a set of characters resembling dancing bears or hip rabbits along with many variants such as clothes, hats, hair, mouth, teeth, hands, jewelry, pets, or backgrounds with different colors to also choose from. The possibilities are endless. Think of it as the digital version of going to the Build a Bear store in the mall. These are generally called marketplaces. Buyers are also receiving the opportunity to join the community created to go along with the characters. These are usually some form of a gaming community.

The images above are an example of a character that is part of a collection with different backgrounds, hair color, and, skirt color.

NFT News

Law Firm is Trying to Organize Class Action Lawsuit Against Yuga Labs

USA-headquartered law firm Scott-Scott is trying to organize a class-action suit against the entity behind popular non-fungible token (NFT) collections Bored
Ape Yacht Club (BAYC)

Art or Investment? The US Government's New Policy on NFTs

The United States Office of Government Ethics (OGE) issued a legal advisory recommending various instances when senior government officials are required to disclose their investments in nonfungivle tokens (NFT)

MUSE Is Lauanching the World's First Chart-Eligible NFT Album

It turns out, Napster and Limewire were just the beginning. The music industry has undergone seismic shifts in the past 20 years, but it lives on today as a largely digital industry.

NFT ‘Weird Whales’ earn 12-year-old $250,000 in just nine hours

A 12-year-old from England has earned around NZ$250,000 worth of ether cryptocurrency in just nine hours by selling his own Weird Whales non-fungible tokens (NFTs).

Experts Explain How Bright The Future
Is For NFT Event Ticketing

Could non-fungible tokens (NFTs) become the new standard for event ticketing? There is a growing group of experts who believe they could be.

5 Best NFT Marketplaces to Trade, Buy and Sell

The involvement of individuals in the NFT space is growing rapidly. A lot of people are now creating their NFTs, while others are interested in buying or collecting NFTs.

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