What is NFT & how does it work?

In many NFT sales, what the buyer gets is simply the unique entry in the blockchain database that identifies them as the owner of the digital good — the token, rather than the thing the token represents.

Are NFTS fungible?

NFTs are different. Each has a digital signature that makes it impossible for NFTs to be exchanged for or equal to one another (hence, non-fungible). One NBA Top Shot clip, for example, is not equal to EVERYDAYS simply because they’re both NFTs. (One NBA Top Shot clip isn’t even necessarily equal to another NBA Top Shot clip, for that matter.)

Where can I find generative NFTS?

While you can find generative NFTs on digital marketplaces including OpenSea and Rarible, the auction platform, Art Blocks, is a dedicated platform created by a big generative artist himself, Erick Calderon aka Snowfro. Art Blocks shepherds generative art creators and their work through the entire process from creation to sale.

Who can view NFTS?

While anyone can view the NFT, only the buyer has the status of being the official owner – a kind of digital bragging rights. Buying an NFT of an image or video does not normally mean the buyer gets the copyright of the underlying item. WHAT KIND OF NFTS EXIST?