NFT is an acronym for “non-fungible token” which you can think of it as a digital collectable, such as a trading card or work of art.
Similar to a cryptocurrency in the sense that it trades on a blockchain and has a monetary value attached to it. However, it differs from cryptocurrency in that an NFT has certain characteristics that make it unique from other NFTs, even if the two NFTs seem similar to one another.
For example, if you trade one bitcoin for another bitcoin, you are trading one identical thing for another. There is no loss of value on either side of the transaction — you both end up with one bitcoin. But if you trade one NFT for another NFT, they can be drastically different even if they appear to be the same. This is because an NFT includes a deeper layer of characteristics that make it different from others. These characteristics can include metadata, visuals, serial numbers, etc. and can all affect the value of the NFT based on what characteristics are valued by the people who buy and sell them. NFTs, therefore, create exciting monetisation opportunities for brands and collectors, as they are probably authentic, safe to trade, and can include all different types of artwork and branding opportunities.
Non-Fungable Token Service
Are you a digital artist or just have a unique idea you want to bring to market? we can help in every step of the process with you. We can assist with tokenisation and monetising your authentic, single-edition artwork as collectable digital items. Each work of art will be represented by an ERC-721 token or similar depending on the network, secured by cryptography and traceable on the blockchain.
Your art will then be certified on the Ethereum, Polygon or Solana blockchain to prevent forgery and provide historical provenance. In addition, your art will be displayed on SuperRare or a similar service using virtual reality galleries and digital displays. Art collectors can then purchase your artwork and resell the NFTs on secondary markets, such as SolSea, Objkt or OpenSea.
Ready to get started?
We have a team of NFT experts ready to provide you access to this exciting new marketplace. If you have any questions or require a quotation for any of our NFT services just drop us a line as we will be happy to walk you through this fantastic marketplace.