Non-fungible token (NFT) art refers to digital assets stored on a blockchain that represent content or even physical items. Art mediums that NFTs can represent include digital drawings, paintings, music, film, poetry, or books. NFT art allows artists to sell or rent their artwork beyond the physical world.
The most expensive NFT is
‘The Merge’ remains the most expensive NFT of all time. It was sold at $91.8 million during the month of December 2021.
Why are NFTs so expensive?
NFTs are non-fungible, meaning the owner is the only one who has ownership of the thing. These properties are distinctive and unique because they confirm the validity of a non-fungible asset.
They are available for art auctions, exhibitions and sales in Naira, US$, Euro€, £ pound sterling.
They are also available in other formats of art media on canvas, sculpture, posters and wallpapers for interior decorations for the office, residence and halls and as gifts for all occasions.
NFTs last longer than photos, videos and films that are not on the blockchain.
The NFT will be in the decentralized InterPlanetary File System.
Algo for DeFi
As non-fungible tokens (NFTs) become increasingly popular, Algorand paves the way for fast, no forking, and a minimal carbon footprint, ensuring a frictionless and accessible NFT experience for both buyers and sellers
View my NFTs on https://nftmyimage.com/@nigeriadaily
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