Sign In
Sign in
English
Please feel free to share your Blender-related news. Your news will be featured in www.blendernews.org, if the admin find them worthy of note by professionals and studios using Blender.

Have you recently seen #NFT, #NFTs #NFT #NFTart #cryptoart as hashtags on Twitter or other social networks? What is NFT art?


Or do you know the reason why digital artworks are offered super high prices on websites like SuperRare, Nifty Gateway, Foundation?


In February 2021 a hype started when US-American digital artist beeple’s work “Everydays. The first 5000 days” was the first NFT artwork to be listed in one of the major auction houses Christie’s. A few days before, the meme animation Nyan Cat had been sold on an internet marketplace for 600,000 USD.


What is NFT?

A non-fungible token (NFT) is a special type of cryptographic token which represents something unique; non-fungible tokens are thus not mutually interchangeable.


What is the application of NFT?

Non-fungible tokens are used to create verifiable digital scarcity, as well as digital ownership, and the possibility of asset interoperability across multiple platforms. NFTs are used in several specific applications that require unique digital items like crypto art, digital collectibles, and online gaming.


Why is NTF relevant to digital art?

Art was an early use case for NFTs, and blockchain in general, because of its ability to provide proof of authenticity and ownership of digital art that has otherwise had to contend with the potential for mass reproduction and unauthorized distribution of art through the internet.


When you buy an NFT, you are buying a token and the work of art linked to it. The transaction is registered on the blockchain, a decentralized database. The work can be unique, or in editions, but each token is unique to that work. The purchase of the NFT, registered on the blockchain, provides a permanent record of that purchase and provides proof of ownership.


You can display it on your computer or TV, print it out, or resell it. While anyone can print out or display an image from the internet, that image does not belong to them and they cannot trade it, so NFTs protect the artist’s authorship and make a secondary market possible.


Payment is generally made in cryptocurrency; no doubt stimulated by the boom in cryptocurrencies, the market for NFTs is growing.

One of the 5,000 images included in Beeple’s “EVERYDAYS: THE FIRST 5000 DAYS” (courtesy of Christie’s Images Ltd. 2021)


NFT art goes viral and Heads to Auction

NFTs are not new; they’ve been around for years now. It all started in late 2017, when the CryptoKitties project rocketed to popularity. CryptoKitties is a game on the ethereum blockchain that allows participants to buy, sell and breed cats or special NFT tokens on the ethereum blockchain. Each token represented a unique cat that was produced by a smart contract. The legacy of CryptoKitties is undeniable: the project raised huge awareness of the concept of non-fungible tokens. But Christie’s sale has decidedly catapulted them into the mainstream, with digital creators reaping the benefits of the crypto-collectibles craze in enormous ways.


Although those from a more traditional art background will be horrified by most of the “art” offered as NFTs. Garish, jaggedly drawn faces, cartoonish figures, cute kittens… the images are often derived from video games, comics or fantasy movies. Meanwhile, other players in the digital field are getting interested.


Render Farm For NFT projects

3S Cloud Render Farm currently supports NFT projects using
Blender, Houdini, Cinema 4D, Maya, 3ds Max.
Views :
632
Registered Date :
2021.11.23
12:10:42 (*.241.8.85)
Trackback :
http://blendernews.org/xe/21492/81f/trackback
Article URL :
http://blendernews.org/xe/21492
List of Articles
No. Subject Author Views Votes Date
34 Best Renderers for Houdini | Top Render Engine for Houdini 3SRenderFarm 20   May 19, 2022
 
33 Speed Up Maya Arnold Render – 3S Cloud Render Farm 3SRenderFarm 66   May 06, 2022
 
32 Free Preview Render | 3S Cloud Render Farm’s Features 3SRenderFarm 103   Apr 27, 2022
 
31 Completely Control Rendering Cost & Time 3SRenderFarm 52   Apr 22, 2022
 
30 Easy-to-use Render Farm and Smart Analysis – 3S Cloud Render Farm 3SRenderFarm 374   Apr 14, 2022
 
29 What is a Render Farm? When should I use a Render Farm? 3SRenderFarm 553   Mar 31, 2022
 
28 Speed up the rendering process - How to render faster 3SRenderFarm 383   Mar 01, 2022
 
27 How the render farm pricing works: GHz-hour, Core-hour, OB-hour 3SRenderFarm 698   Feb 14, 2022
 
26 Render projects with high security on 3S Cloud Render Farm 3SRenderFarm 749   Dec 29, 2021
 
25 3S Cloud Render Farm supports NVIDIA A10G Tensor Core GPUs 3SRenderFarm 2064   Dec 14, 2021
 
» What are NFT and its relevance to Digital Artworks? 3SRenderFarm 632   Nov 23, 2021
Have you recently seen #NFT, #NFTs #NFT #NFTart #cryptoart as hashtags on Twitter or other social networks? What is NFT art? Or do you know the reason why digital artworks are offered super high prices on websites like SuperRare, Nifty Gat...  
23 Biggest headache in the render process - Best computer for rendering 3SRenderFarm 721   Oct 25, 2021
 
22 3S Cloud Render Farm's success stories 3SRenderFarm 1329   Dec 17, 2020
 
21 3S Cloud Render Farm - All you need in a rendering service 3SRenderFarm 1476   Dec 09, 2020
 
20 First award winning live action movie entirely post processed using Blender file runleveltwo 3615   Oct 28, 2019
 
19 Blender used in Braziliam TV series ricardograca 3851   Apr 24, 2019
 
18 Skin Selection Addon artell 6302   Sep 18, 2017
 
17 Space Environment Pack avialable on Blender Market BlenderAdept 18221   Jul 25, 2017
 
16 Terrain Generator Shader PRO for Microdisplacement BlenderAdept 33313   Feb 04, 2017
 
15 Short Film Created in Blender! file Ethan 21700   Mar 23, 2016
 

(C) 2012. All rights reserved. www.blendernews.org