Are NFT’s the future for digital art?

Hi readers,

This is a bit of a different type of post that is more conceptual, maybe we will have more on the subject as I research more.

NFTs are a concept based in cryptocurrency, it stands for non-fungible token. Non-fungible means that basically each ‘token’ is unique, has an owner or creator that can be tracked. In the simplest (maybe over simplified) terms, making digital art into an NFT could be a way that artists keep their royalties, control how copies of their work are made, and things like that.

Imagine a future like this, maybe a friend shares you a meme. If this tech was being used, maybe the original creator of the meme would get some kind of reward or credit for their share. Very interesting idea.

Feel free to let me know in the comments if this concept / post is interesting to you all and if you’re interested in my further research on the subject!

Are NFT’s the future for digital art?

Painting by Robert Petcher

Follow Robert Petcher at https://www.instagram.com/robert_petcher/ or check out his site at https://www.robertpetcherart.com/

Painting by Robert Petcher

Painting by Robert Petcher

Follow Robert Petcher at https://www.instagram.com/robert_petcher/ or check out his site at https://www.robertpetcherart.com/

Painting by Robert Petcher

Photo by Neta Zuk studio!

This gorgeous photo was taken by Neta Zuk studios! Follow them on instagram at https://www.instagram.com/netazukstudio/ or check out their website: https://www.netazukstudio.com/

Photo by Neta Zuk studio!

Illustration by Shahuskies!

Follow Shahuskies Illustration here: https://www.instagram.com/shahuskies or purchase their work at https://www.etsy.com/shop/Shahuskies

Illustration by Shahuskies!

Painting by Robert Petcher

Follow Robert Petcher at https://www.instagram.com/robert_petcher/ or check out his site at https://www.robertpetcherart.com/

Painting by Robert Petcher