What is an NFT and digital art?
NFT stands for Non-Fungible Tokens, they are digital versions of real-world objects like art, music, in-game items and videos. They are bought and sold online, frequently with cryptocurrency. NFTs can be sold online meaning artists no longer need to rely on galleries to sell their art, but there are NFT exhibitions where a physical copy is shown in the gallery but the buyer will buy a digital version.
NFTs are non-fungible, which means it has unique properties so it cannot be interchanged with something else and is one of a kind but have no tangible form of their own. When buying an NFT they can only have one owner at a time so you are buying the ownership for the virtual or physical assets, this does not mean that they own the exclusive rights and can decide who sees or shares the artwork.
https://www.bbc.co.uk/news/technology-56371912
https://n26.com/en-eu/blog/what-is-an-nft
NFT Examples:
2 Lives – Jersey NFT Exhibition
The Exhibition is based on: ‘Our life is between reality and NFTs, between tangible and virtual worlds. We all have 2 lives, offline & online. Now these lives are blended.’ Centred on the future of jersey and its metaverse. The Metaverse is a fictional virtual world which is used to describe the future of the Internet/digital world.
Ideas of themes to focus on:
