NFT art is soaring in popularity due to the blockchain’s ability to offer a multitude of features that appeal to both creators and collectors. Artists continue earning royalties for the same artwork from the sales in the secondary market, which isn’t possible in the traditional art scene. Collectors enjoy advantages that weren’t possible before blockchain …
NFT Copyright: What Artists and Collectors Should Know Read More »
In August 2021, a prominent NFT collector called Pranksy paid more than $336,000 for a fake Banksy NFT. Pranksy first learned about the artwork from a member of his Discord channel. The auction was also advertised on Banksy’s official page. About an hour after placing his offer, the seller of the NFT was accepted by …
The Most Common NFT Scams (And How to Avoid Them) Read More »
Art Blocks is an Ethereum-based platform that offers distinctive, programmable, and on-demand generative non-fungible tokens (NFT) art to collectors globally. It’s also the first blockchain-based platform to provide on-demand generative art output. It accomplishes this through NFT drops, a process in which a user mints an NFT but has no idea what they’ll get as …
What Is Art Blocks? An Exploration into Generative Art Read More »
There are quite a bit of misunderstandings around NFTs. Many people think NFTs are minted on the Ethereum blockchain through a platform like Rarible and — voila! — the art is non-fungible and lives forever in a decentralized manner on the blockchain. But that’s not entirely the case. NFTs, or “non-fungible tokens†are really only …
Axie Infinity is a community-driven blockchain-based digital pet game that enables players to earn money while playing the game. Think of Axie as a hybrid between Pokemon, Tamagotchi, and CryptoKitties. It is one of the most popular NFT token-based games, with over 19,000 monthly active on-chain users. One of the most notable characteristics of Axie Infinity and …
Axie Infinity: Pokémon Inspired Blockchain Game Explained Read More »
