For starters, NFTs are unique digital tokens that can be used to represent real-world assets like art, music, real estate, and even in-game items. Unlike digital assets like Bitcoin and Ethereum, no two NFTs are the same either in value or properties. According to Michael Golomb, the founder & CEO of FanVestor, “NFTs are bringing the possibility of art ownership to the masses, which historically have been reserved for the wealthy.”
The growing demand for NFTs has created a situation where there are now thousands of collections to choose from. Navigating through space can be quite daunting, especially for new traders.
Non-fungible tokens, aka NFTs, have grown to a point that they can no longer be ignored or considered to be just a passing fad. From Stephen Curry buying a Bored Ape for $206,000 to Visa splashing $150,000 on a CryptoPunk, and a collection of 101 NFTs being auctioned off for a whopping $24 million, the NFT market has become a major entry point into mainstream blockchain adoption.
Actually ,Certain non fungible token (NFT) investments have vastly outperformed cryptocurrencies like Bitcoin (BTC), Ethereum (ETH) and Dogecoin (DOGE) in the past months. Celebrities among the likes of Mike Tyson, Jay-Z and Gary Vee have bought NFTs and shown them off on their Twitter profiles, increasing the demand for limited-edition tokenized art.
Digital art was an early use case for NFTs, because of the ability of blockchain technology to assure the unique signature and ownership of NFTs.The digital artwork entitled “Everydays – The First 5000 Days”, by artist Mike Winkelmann, also known as Beeple, sold for US$69.3 million in 2021.The purchase resulted in the third-highest auction price achieved for a living artist, after Jeff Koons and David Hockney, respectively. Another Beeple piece entitled “Crossroad”, consisting of a 10-second video showing animated pedestrians walking past a figure of Donald J. Trump, sold for US$6.6 million at Nifty Gateway, an online cryptocurrency marketplace for digital art.
A 3D-rendered model of a home named “Mars House”, created by artist Krista Kim, was sold as a piece of digital real estate on the NFT market for over US$500,000.
Erwin Wurm released a NFT as one of the first already internationally renowned artist in August 2021.The work “Breathe In, Breathe Out” was released by Berlin-based König gallery’s website MISA 20 years after Wurm’s first Fat Car. The sequence shows a loop of a seemingly breathing Porsche 911.
Created by Nazanin safa, NazNftBox are a series of 88 exclusive children top style images tokenized as NFTs on the polygon blockchain. An NFT is effectively a deed of ownership to a digital item, and in this case, holding a NazNftBox NFT means that you are the sole owner of a one-of-a-kind pixel avatar.
Each NazNftBox is randomly made from a list of dozens of attributes, which means there’s an array of designs.
Nazanin safa is 21 years old painter and crypto artist lover from Finland which all of her exclusive collection is hand made.
She is studying art at University of the Arts Helsinki and has participated in several international art exhibitions.
You will need to log in with an Ethereum crypto wallet, such as MetaMask, and then you can buy, bid on, and sell NazNftBox through the official opensea site.
Opensea : https://opensea.io/NazNftBox
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