What problems do NFTs solve?

What problems do NFTs solve?

2025-01-24 11:41 | Comments: 0

NFTs (Non-Fungible Tokens) are a revolutionary new way to buy and sell digital art online in limited editions with the power of blockchain technology.

Artwork credit: Pedro Cordon

What Problems, digital collage, cryptoart, nfts, by PittCN

What Problems? NFT. 1/10 editions. Minted on NFT Showroom.

What problems do NFTs solve?

NFT (Non-Fungible Tokens) make it possible to trade unique digital goods (like art, usage rights, music, in-game items, licenses, etc) in a standardized, open, censorship-resistant and secure way like a cryptocurrency.

Additionally, NFTs allow to artificially limit the number of editions of a given item and the underlying blockchain (like Bitcoin, Solana or Hive) is like a public database tracking the ownership of all NFTs.

NFTs made it possible to sell art and in-game items online for crypto without the need of having a bank account or credit card. Thus marking one of the first real use-cases of crypto, besides buying pizza or money transfers.

What Problems? (CryptoArt)

What Problems, digital collage, cryptoart, nfts, by PittCN

Mixed technique: photomanipulation, collage, post editing and digital drawing.

What other problems are NFTs solving?

Proof of Art
https://nftshowroom.com/gallery/pittcn_digital-collages_what-problems

Gallery
https://nftshowroom.com/pittcn/gallery

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