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 :
163
Registered Date :
2021.11.23
12:10:42 (*.241.8.85)
Trackback :
http://blendernews.org/xe/21492/e65/trackback
Article URL :
http://blendernews.org/xe/21492
List of Articles
No. Subject Author Datesort Views
26 Render projects with high security on 3S Cloud Render Farm 3SRenderFarm Dec 29, 2021 20
25 3S Cloud Render Farm supports NVIDIA A10G Tensor Core GPUs 3SRenderFarm Dec 14, 2021 75
» What are NFT and its relevance to Digital Artworks? 3SRenderFarm Nov 23, 2021 163
23 Biggest headache in the render process - Best computer for rendering 3SRenderFarm Oct 25, 2021 223
22 3S Cloud Render Farm's success stories 3SRenderFarm Dec 17, 2020 832
21 3S Cloud Render Farm - All you need in a rendering service 3SRenderFarm Dec 09, 2020 991
20 First award winning live action movie entirely post processed using Blender file runleveltwo Oct 28, 2019 3097
19 Blender used in Braziliam TV series ricardograca Apr 24, 2019 3405
18 Skin Selection Addon artell Sep 18, 2017 5838
17 Space Environment Pack avialable on Blender Market BlenderAdept Jul 25, 2017 16630
16 Terrain Generator Shader PRO for Microdisplacement BlenderAdept Feb 04, 2017 30455
15 Short Film Created in Blender! file Ethan Mar 23, 2016 19832
14 3D Printing Plugin for Blender Ryter8 Jan 23, 2016 12931
13 Free eBook: What Nobody Tells You About Materials file Sayan Nov 21, 2015 21399
12 Ranking: Blender Rated Most Popular 3D Design Program Ryter8 Aug 10, 2015 10376
11 The MoonMan Chronicles Animation Series file MoonMan Aug 05, 2015 10745
10 Blender Competition - Sponsored by CG Cookie! file Ethan Feb 04, 2015 9331
9 Video Quicktip: 10 Useful Blender Shortcuts marcotronic Apr 11, 2014 8922
8 FREE Blender Hard Sufrace Texture Painting Video Tutorial Series has launched file blendertutorialnet Oct 05, 2013 9750
7 Merger on Render Farms’ Street file RenderStreet Apr 27, 2013 9754

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