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#TOKENS #NFT
#BITCOIN #DLT
#BLOCKCHAIN
#TOKEN ECONOMY
#DIGITAL ASSETS
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#AR #VR #MR
#HOLOGRAMS🤩

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“How long will Bored Apes remain culturally relevant? Don’t know. They are trees, which live and die. Yet the forest is immortal.” -Prof. Galloway

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→ NFT & Blockchain | The Core Concept Explained in Easy Words

→ From 0 to 1 | X's Timestamped Journey into the NFT Space

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ARTIST-Made winner

#hackARThon Winner

The ARTIST-Made team is honored by the recognition and grateful for this exciting opportunity at the intersection of Art, NFT & blockchain technology. Thanks to the initiators, organizers, mentors, jury, and friends!

Fungible: are exchangeable assets that are similar and have the same value, just like a $1 bill can be exchanged for another $1 bill. Although they are two different prints they carry the same value.

Non Fungible Tokens are tradable; but also traceable, - the ownership or history is carried on within a block of information (powered by blockchain technology) where their uniqueness and authenticity is recorded.

Non Fungible Tokens?

Fungible: are exchangeable assets that are similar and have the same value, just like a $1 bill can be exchanged for another $1 bill. Although they are two different prints they carry the same value.

Non Fungible Tokens are tradable; but also traceable, - the ownership or history is carried on within a block of information (powered by blockchain technology) where their uniqueness and authenticity is recorded.

NFT in ART

NFTs represent a limited or even unique editions by defining the scarcity, and therefore potentially increasing the value of the artwork. It is up to the artist to set the limits.
"Less is more".
NFTs are also transferable, and because of the genuine of invariable information, the artist can be remunerated on the first and every future transaction, if stated so, because ownership and reproduction rights are preserved (once committed, cannot be altered).

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