In recent years, you may have seen a headline that refers to the sale of so-called "NFT". Used as a kind of online capsule to grant someone exclusive access to a piece of data, the adoption of NFTs, or non-fungible tokens, by a subsector of online communities has led to the increasing monetization of these collectible data pieces.
As has been seen, a piece of art in the digital world was sold at Christie's auction for $ 69 million. The buyer will receive a digital token (or digital voucher) known as NFT. If bitcoin was hailed as the digital answer to currencies, NFTs are now considered the digital answer to collectibles.
But there are many skeptics who consider that it is a new bubble about to burst.
The work that sold for $ 69 million, by Beeple. it could be any property you can imagine. One could take a photograph of the painting or buy a copy, but only one original painting will exist.
"If you take a photo of the original painting, with the best possible camera, and then use the best painter to reproduce it accurately, it is very likely that it will be perfect, but it will never be Leonardo da Vinci's," the investor explained to BBC Mundo American Pablo Rodríguez-Fraile. In many cases, the artist even retains the copyright to his work so that he can continue to produce and sell copies. But the NFT buyer owns a token that proves that he is the owner of the "original" work. Some people liken it to buying a signed copy.
Therefore, in theory, anyone can tokenize his work to sell it as an NFT, interest has grown in the wake of news of multi-million dollar sales. On February 19, a Gif of Nyan Cat, the famous 2011 meme of a cat with a cookie body flying, sold for more than $ 500,000. A few weeks later, Canadian singer Grimes sold a collection of digital works for more than $ 6 million.
Part of the intrinsic value of purchasing an artwork in NFT form comes from owning the token itself and knowing that it was expressly done. The particularity in the sale of NFT has exploded in the last year, but last month saw the biggest boom in this art form. Open Sea, NFT's best-known marketplace, reported sales of $ 86.3 million in February, up from $ 8 million in January, and during that time, online artists, creators, and personalities have followed experimenting with what can be considered digital art, so that your work is seen by the online community