NFTs are non-fungible tokens. They are unique items that you cannot replace with anything else. This ensures ownership and safety.

When it comes to NFT art, the token is not the work itself. Rather, it is the digital certificate that represents ownership of the work. Cryptoart is another term for NFT art (though not all NFTs are artworks).

What has been the impact of NFTs on the art world?

NFTs present an opportunity for digital artists to sell works that previously did not have a big market. The technology allows these digital works, which can be easily downloaded and duplicated, to have a certified “original” and a way to claim ownership.

Artists will still need to register copyrights for their work to protect themselves against counterfeiters, but NFTs allow collectors to buy and resell works like they would paintings, sculptures and other physical items.

Another advantage with NFTs – and possibly the biggest game-changer for artists – is that creators can continue to earn a percentage of the resale of their works. This from the traditional art market, where artworks are sold through auction houses and galleries to collectors, who can then resell them for much higher royal prices without having to give artists any royalties. NFTs allow artists to keep earning from their work in perpetuity.

How to create NFT?

Contrary to what you might assume, creating your NFT requires little or no technical knowledge. There are many NFT marketplaces like NFTACE where you can create an NFT for your artwork in just a few minutes.

To start generating NFTs, you just need to create an account and connect your personal wallet address, then you can completely generate your NFT keychains and auction them off.

What benefits does NFTAuction.Exchange bring to you?

- Simplify NFT implementation with artwork

- Helping all artists from famous to unknown reach a wider market and the opportunity to get your works introduced to people all over the world.

- Increase profits from auctioning works of art as well as investing in art works that are likely to increase in value in the future.

Through Artdaily.com, we want to introduce to all artists a potential project and hope people will be interested in it. This is an open market for everyone.