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An NFT is a data file, stored on a type of digital ledger called a blockchain, which can be sold and traded. [9] The NFT can be associated with a particular asset – digital or physical – such as an image, art, music, or recording of a sports event. [10] It may confer licensing rights to use the asset for a specified purpose. [11]
April 30, 2021. Bored Ape Yacht Club (BAYC), often colloquially called Bored Apes or Bored Ape is a non-fungible token (NFT) collection built on the Ethereum blockchain with the ERC-721 standard. The collection features profile pictures of cartoon apes that are procedurally generated by an algorithm. The parent company of Bored Ape Yacht Club ...
Owner. Vignesh Sundaresan (MetaKovan) Everydays: the First 5000 Days is a digital work of art created by Mike Winkelmann, known professionally as Beeple. The work is a collage of 5000 digital images created by Winkelmann for his Everydays series. Its associated non-fungible token (NFT) was sold for $69.3 million at Christie's in 2021, making it ...
An NFT is a digital asset that represents some tangible, real-world item, oftentimes artwork. These creations are tied to the blockchain and are unique representations, which in some cases can ...
The blockchain-based collectibles known as NFTs are showing up everywhere right now, especially in the marketplace for digital art. Creators who tie their work to an NFT can sell the token off for ...
Digital art refers to any artistic work or practice that uses digital technology as part of the creative or presentation process. It can also refer to computational art that uses and engages with digital media. [1] Since the 1960s, various names have been used to describe digital art, including computer art, electronic art, multimedia art, [2 ...
As the revered artist and pop culture mainstay explained in an extended letter to fans, his move into the NFT space was inspired by Nintendo nostalgia.
The ERC-721 Non-fungible Token Standard is a technical framework, defining a set of rules and interfaces for creating and managing unique, non-fungible tokens (NFTs) on the Ethereum blockchain. [1][2][3] ERC-721 is recognized for formalizing the concept of an NFT and establishing the foundation of the multi-billion dollar digital collectibles ...