A New TREND in ART - NFT

We have talked about blockchain in our previous blog, if u haven’t read it, u can go through it first (link - block-chain) and come back here.

Non fungible tokens are any form of digital asset which can be a painting, digital art, game, gif, or a video. It can also be a document which can be stored digitally in the internet. These tokens or digital entities are managed and circulated through Blockchain. As blockchain comes with a package of properties like impossibility of hacking the network, transparency of transactions, data security and validation, these features are being effectively used to implement the Non fungible tokens framework.

Non fungible means anything which cannot be duplicated or interchangeable, token means a digital entity. The basic idea is to store the digital entity in the blockchain as a unique element with is owned by a unique person. These tokens are different from cryptocurrencies like bitcoin and Ethereum, for instance if u consider any two bitcoins in the blockchain, they are the same in a way that they have the same value in market and they are identical but non-fungible tokens are different. Non-fungible tokens are always unique and are always owned by someone in the blockchain. Ethereum blockchain is used to implement non-fungible tokens making it more secure, transparent and involve proper validation. In order to be a part of this technology we should have a digital wallet – a wallet to store cryptos like bitcoin, Ethereum etc. All transaction like buying, selling, transferring ownership etc. are carried out through Ethereum cryptocurrency

Open sea (https://opensea.io/) is one of the emerging platforms, which is providing service on non-fungible tokens. If you are a person who is artistic and likes collectibles then this platform could help you showcase your talent in digital art and can help you become successful as an artist. As digital art started to set a new trend in the society, non-fungible tokens came into existence. Anyone can join the NFT community with a proper Ethereum wallet. All information related to the transaction will be stored in Ethereum blockchain and also no two people can own a single digital asset.

So how can we make digital art?

Digital art is created using the power of modern computers. Different layers describing an art is prepared initially, like multiple bits of a whole image is filtered out and they are separated to various layers, later these layers are merged with different permutations and combinations, generating 100 to 1000’s of art with each image being unique. This process can be achieved by making use of python and java script. Pixel art is used here and artist try to generate as many images as possible and add it to the NFT network.

There is a great need of this network, as our world is turning digital, it becomes significant for us to understand and know about these kind of technologies. As we know that any piece of paper cannot last forever but digital data can, we have to make proper use of it to store our digital assets securely on the internet.