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NFTArt Of The Day — Jan 12, 2022
What’s NFT? A new #NFTart abstract, in bright colors on #OpenSea.
It’s the new digital world. The making of digital art, and the web 3.0
Circulation #12
CIRCULATION #12 (just trying to understand the world).
Abstract maximalist digital art in orange, blue, yellow, green, and black lines.
Created by Regia Marinho.
Edition of one.
Square Digital Image.
File size 2640 x 2640 px — 3.9 MB, PNG file.
So what are the NFTs?
They’re digital assets built on Ethereum’s blockchain.
NFTs, or Non-Fungible Tokens, are the digital equivalent of a painting on canvas, car, house, or real estate. They have none of the fungibility that traditional tokens inherently have, providing unique digital objects that can be sold or traded.
NFTs are digital assets, non-fungible tokens, that are usually secured by the network that launched them.
When you purchase an NFT, you receive a certificate of ownership for that NFT. And you can keep it or sell it to other people.
It’s digital assets that are built on and issued from the Ethereum blockchain.
