NFT's

What is an NFT?

An NFT, or Non-Fungible Token, is a unique digital asset that represents ownership or proof of authenticity of a specific item or piece of content, such as digital art, music, videos, virtual real estate, and more. Unlike cryptocurrencies like Bitcoin or Ethereum, which are interchangeable and have the same value, each NFT is distinct and cannot be exchanged on a one-to-one basis due to its individual characteristics.

NFTs are built on blockchain technology, which provides a secure and transparent way to verify the origin and ownership of digital creations. This innovation has revolutionized the art world, allowing artists to tokenize their digital creations and sell them as limited edition collectibles. The ownership and transaction history of NFTs are recorded on the blockchain, ensuring both the uniqueness and provenance of each item.

Collectors and enthusiasts value NFTs for their scarcity, authenticity, and the ability to directly support artists in the digital realm. As a result, NFTs have opened up new possibilities for creators and collectors to engage with and appreciate digital art and other unique digital assets.

While ArtDirtyBastard briefly experimented with the Ethereum blockchain, he has now found his home on the Tezos blockchain, where he almost exclusively mints his works

Tezos is a blockchain that is designed to be upgradeable without the need for a hard fork. This makes it a more flexible and adaptable platform for artists and other creators. Tezos is also known for its low transaction fees, which makes it a more affordable option for minting and trading NFTs.

Here are some of the reasons why Tezos is a popular blockchain for artists:

• Upgradable blockchain: Tezos is a self-amending blockchain, which means that it can be upgraded without the need for a hard fork. This makes it a more flexible and adaptable platform for artists and other creators, who can be confident that their work will be secure and accessible on the Tezos blockchain even as the platform evolves.

• Low transaction fees: Tezos has some of the lowest transaction fees of any blockchain, making it a more affordable option for minting and trading NFTs. This is especially important for artists, who may be selling their work for relatively low prices.

• Active community: Tezos has a large and active community of artists and developers, which provides support and resources for creators. There are also a number of NFT marketplaces and projects on Tezos, which makes it a more attractive platform for artists who want to reach a wider audience.

• Environmentally friendly: Tezos is a more environmentally friendly blockchain than some other platforms, as it uses a proof-of-stake consensus mechanism instead of proof-of-work. This means that Tezos consumes less energy and produces less carbon emissions.