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NFTArt Of The Day — Jan 06, 2022
NFTs are digitally unique assets.
CIRCULATION #6 — yellow, blue, black, red, green, orange, and lines.
Abstract shapes and lines digital art.
Created by R. Marinho.
Edition of one.
Square Digital Image.
File size: 2640 x 2640 px — 5.1 MB, PNG file.
What is NFT art?
An NFT, or non-fungible token, is a unique digital representation of a good, in this case, a work of art.
It’s like a certificate of authenticity or a document and it’s recorded on a blockchain.
NFT is an abbreviation of a non-fungible token. A fungible token represents one unique tradable digital asset. No two NFTs are the same.
NFTs non-fungible tokens are sometimes called digital collectibles or crypto collectibles.
They are unique digital assets stored on the blockchain.
They can represent physical assets such as art or gold and other content.
NFTs are becoming very popular in the cryptocurrency space.
NFTs are a new class of crypto-assets.