What is that called NFT that everyone is talking about?

What is an NFT?

An NFT is a piece of digital art registered in the blockchain and that can be bought or sold. Digital collectibles are unique, authentic, and ownable, giving it implicit and deep-rooted value for art collectors.

A Non-Fungible Token (NFT) is a digital token that is inseparably matched to the artwork using a specific blockchain technology, and it includes relevant details regarding the origin (creator) and authenticity of the artwork in an indelible way.

NFTs have several built-in benefits for collectors:

  1. Authenticity — It is publicly accessible and verifiable. Because this information can’t be changed, the creator or collector can be assured that the blockchain guarantees authenticity and can always be proven.

Each NFT artwork contains in its digital file, the artist’s signature, the exact time of creation, and all subsequent transactions related to the artwork in secondary markets. This information is readable and accessible and it can be found in the smart contract of an NFT.

NFTs are also beginning to have support even in very traditional segments, as the new auctions organized by Christie’s Auction House has shown.
It is safe, transparent and it’s the future of authentication traceability. What do you think, is now time to switch to digital art?

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If you want to acquire an NFT work with safe value, access our StadioPlus NFT art platform.