Post by twetch#7355
Tell me more.
How can everyday artists leverage this?
What the chain says
- Block
- 633 960
- Time
- 2020-05-08T03:54:49Z
- Signer
- 1J6h7Bex83EVCGvamT5LMVm9MECX4bSquW
- App
- twetch
- Type
- post
- Content type
- text/plain
- Name in tx
- twetch#7355
Fields the transaction did not carry are omitted. Open the payload to see the bytes as stored.
1J6h7Bex83EVCGvamT5LMVm9MECX4bSquW VerifiedReplies (8)
How are the physical goods encoded to be unique, secured?
Are these effectively Bearer Bonds?
Its really more of digital artworks minted in a blockchain. Its basicaly running on Ethereum blockchain. You create a digital art,mint them on a platform as ERC20 tokens then sell them,trade or share it to others who has digital wallets which can hold NFTs
Can others ‘tip’ the NFTs, adding value to the artwork over time, which the owner can draw from?
As an artists or a collector, you can sell these digital arts to the right person. Art is really something objective. There are tons of digital goods out there that NFT enthusiasts collects and resells it to higher price.