NFTs - [Non-fungible tokens]

This page presents a gallery of my collection of fine-art photographs, which are available for sale as NFTs on the Opensea platform. For more information please visit my Artytechture NFT collection.

What is an NFT?

NFT stands for Non-Fungible Token.

Great, you might say, what’s non-fungible?

Simply put, non-fungible means that something is unique, and can’t be replaced by something else. In the digital world of cryptocurrency, you might own 1 Bitcoin, but you could sell it and buy another Bitcoin later for less. You have made money, and you still have 1 Bitcoin.

With digital art such as the image to the right, purchased as an NFT, when you sell it you can’t then buy another one, as the one you sold was unique, it is non-fungible. If you buy another piece of art to hang your wall it will be different.

Image: A piece of digital art, offered for sale as a non-fungible token, or NFT.
NFT: ReedsdeeR

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