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October 11, 20213 Reasons why Going Public is going to clean the Shark’s tank
October 11, 2021
Experimentation, innovation, and creativity are driving the art world to new levels. Fine art, music, dance, and other mediums are cultural expressions that define humanity. Whether you are a fan or a skeptic, NFTs are advancing art and culture.Intricate Art Patterns at the Selimiye Mosque in TurkeyDisclaimer: The article is meant solely for educational purposes and is not intended for use as an investment directive. By viewing any material or using the information within this page, you agree that this is general educational material, and you will not hold any person or entity responsible for loss or damages resulting from the content.Human innovation and progress move in spurts and are very difficult to predict. Once a few variables are involved, it is simply an experiment of near chaos and unpredictability. A perfect recipe for a primordial soup of boundless creativity. Major ingredients, such as the blockchain and NFT’s, are being thrown into the mix, which is helping to redefine the art space in exciting new ways.Spectacular jewels will fall out of the chaos. One such jewel will be the advancement of art, in a broad and evolving space that is excitingly stimulating. We owe this to NFTs.What is an NFT Again?NFT’s are non-fungible tokens, which means that each NFT is unique and can’t be simply replaced by another NFT. Unlike the fungible five-dollar bill in your traditional wallet, it can be replaced by another five-dollar bill or five one-dollar bills. No difference. Similarly, Bitcoin and all cryptocurrencies are also fungible. So while both NFTs and cryptocurrencies are stored on a blockchain, have value, and are managed via a crypto wallet, NFTs are different in that each one is unique.NFT also represents ownership of something which can be concrete assets such as real estate, automobile, event tickets, music, intellectual property (IP),…
