![]() ![]() Can I make money on NFTs as a 3D artist? The project has already netted him $25 million. Destroy the NFT, and the buyer will be sent the physical artwork.Keep the NFT, and he would destroy the artwork.Famous artist Damien Hurst translated this into a philosophical conceptual artwork titled “The Currency” He sold 10,000 paintings as NFTs and offered the buyers a choice after a brief time window: However, this idea is mainly theory-based and is constantly challenged. ![]() It’s all up to what people will actually pay for. Sell “prints” of the photo as lower-value NFTs.Sell the physical drawing as you would normally.For example, if you draw art on paper, then take a picture of it, you could theoretically: Here’s the kicker… anything can become an NFT. ![]() Although it's impossible to stop people from sharing content on the internet, the blockchain ensures that the property rights to the art piece can only belong to one person at a given time. The ownership of the NFT is flawlessly secured and authenticated using blockchain. NFTs have become immensely popular because they theoretically solve a common problem in the art business: Digital assets can be freely be copied, used, edited, shared, and downloaded by anyone. But if you own an NFT, you're the sole owner of that digital asset – much like a piece of physical art. In other words, no other NFT with the same encoding can ever be created. Unlike a bitcoin, which is fungible (i.e., interchangeable with any other bitcoin), an NFT is unique and one-of-a-kind. This post guides you through the basics of NFTs, what type of art you can create, and a hands-on guide on how to get started. ![]()
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