Welcome to CryptoArtCulture, a dedicated space for all things crypto art: from inspiration to information.
Here you’ll find the answers you are looking for when it comes to the fusion of digital art and blockchain technology, NFTs, smart contracts, decentralized platforms, and all the possibilities this market has to offer to investors, digital artists and the digital economy.
Crypto art is digital art that can be viewed as tangible art due to its potential to get its ownership verified on a blockchain. Just as an original painting signed by Andy Warhol can have its authenticity and rights, crypto art can be verified using an NFT.
It is like introducing scarcity and value to art in digital form – definitely a new era.
Simply put, blockchain is a specific type of database that contains transactional records, ensuring security, transparency, and decentralization.
The way it manages information varies from that of a traditional database; blockchains store data in blocks on thousands of servers worldwide, chained together and governed by no single authority.
A non-fungible token, or NFT, is a type of cryptographic token that represents a one-of-a-kind asset. NFTs are tokenized versions of real-world digital assets. They function as verifiable proofs of authenticity and ownership on a blockchain network. NFTs are non-negotiable with each other, and they introduce scarcity into the digital world.
An NFT attached to a crypto art piece cannot be replicated and used to verify a work’s ownership. It is possible to attach it to anything digital: a JPEG, GIF, MP4, even music. This token is stored on the blockchain – a permanent book that any computer in the world can access.