The Devil's New NFT Project
This post about The Devil's New NFT Project comes from one of our author at the Devil Unbound. We post it here as it pertains to visual arts. As we should we let the Devil do all the talking.
Filed under Visual Arts and Digital art
And I'm not exaggerating; the Internet world is going crazy over an initialism that remains cryptic even after being explained.
N.F.T stands for Non-fungible Token. And here, the word fungible is as important as it is obscure.
The Dictionary defines fungible as "of goods contracted for without an individual specimen being specified) able to replace or be replaced by another identical item; mutually interchangeable."
Basically, it points to something tradable for something of equal value. This is to say that if something is non-fungible, it cannot be traded because of its unique value. You can only exchange it for money, and in the case of NFTs, only cryptocurrency.
NFTs are digital goods that you can buy with crypto coins. And the concept of uniqueness seems negated by the fact that you can copy digital art for free. But those crazy smart people who invent Internet revolutions have figured out a way around it. It has something to do with the code embedded in the digital product when it's minted.
Here is a good article about it. I'm here to brag about my good looks, not give you a lesson on blockchain ledgers and networks.
So, did I digitise my human face and put together some terrific pieces with the help of a very creative young human? Yes, yes, I did. And I don't regret it.
It's been fun.
Here are some of the lovely masterpieces we have so far. We're not sure if we will mint any of these, but look how good I look.
Here are others that I might mint in the future.
Thank you for reading.
-- The Devil Unbound
You can red more from the Devil Unbound on his website.
And remember, art is life.
-- After 9 Studios