What is an NFT?
NFT stands for Non-Fungible Token representing a digital
file/item. A token is an object built on the Blockchain, non fungible means unique. Any digital file can be turned into an NFT, such as music, art, and sports. NFT’s allow for a creator to create and sell their work independently without the need for a manager , client or institution. A creator will receive a percentage of their product sold within the secondary market if their product is sold on.
What is the Metaverse?
The Metaverse is a virtual twin of our physical world, it is also the total amount of all the digital assets that live on the web and on the blockchain, creating a digital ecosystem. The Metaverse is a collective virtual shared space, created by the convergence of virtually enhanced physical reality and physically persistent virtual space, including the sum of all virtual worlds, augmented reality, NFTs and the Internet.
https://en.wikipedia.org/wiki/Non-fungible_token
Examples of NFT art
Trevor Jones artist study
Trevor Jones, originally from Canada, moved to his current home in Scotland when he went travelling in 1996. He then graduated from Edinburgh University and Edinburgh College of Art with an MA (Hons) Fine Art with distinction in 2008. Before discovering the world of NFT artwork, Jones worked as the Director of Art in Healthcare, a not-for-profit providing art workshops for people with disabilities, he worked here for 7 years before focusing on his own career. Jones’ work consists of his hand painted artworks being virtually brought to life through animation. Jones sold is first ever NFT art piece for over $10,000, he also has the highest selling piece of NFT artwork in the form of his ‘Bitcoin Bull’, which sold for $55,555.55.
https://www.trevorjonesart.com/about.html
What will the future of Jersey look like as a community in the metaverse?
- Diverse, Inclusive, Intelligent
- I think the future of Jersey in the metaverse will be more inclusive as a community
- I think the future of Jersey will be a lot more diverse and inclusive within the metaverse. This is because class and social status are completely irrelevant in the metaverse, therefore everyone is free to be who they want to be without judgement or restriction. I think the metaverse will be a safer place for younger generations because the rates of oppression such as racism and sexism will be lower as everyone in the metaverse would be equal.
Good research and overview of NFTs. Produce mindmap/ moodboard on the theme of Community and produce a Statement of Intent from discussions with your group