Spotlight on… NFTs
What are NFTs? This is a question that has been asked a lot of late. NFTs or non-fungible tokens are a new form of digital investable stored on the Ethereum blockchain. NFTs can be collected in the same way editions of photographic prints are in the traditional market. The result is a potential new avenue for photographers of all levels and genres to market and sell their work. The only difference from the traditional art market is that everything from transactions to ownership is conducted in a digital manner via the blockchain. If you’re thinking this doesn’t make much sense then I will explain all…
What is an NFT? What does nonfungible token even mean?
One of the main confusions around NFTs is simply the name. Once we make sense of this things usually become a lot clearer. ‘Token’ is the name given to a digital asset that can be transferred between people/buyers/collectors on a blockchain. ‘Non-fungible’ references the fact that
