True Story (NFT on Rarible ©)
Based on a true story.
Ignasi Font, 2020
NFT’s prove ownership of a unique digital asset like art, music, collectibles, videos or anything else with blockchain technology.
NFT stands for non-fungible token. That sounds like an intimidating technical term (no more nerd talk, promise!). But NFTs are just digital certificates of authenticity.
If you buy a physical painting, you know it’s real because you see the artist’s signature on the canvas. Somebody can photocopy the painting, but they don’t own it — you do. Before NFTs, digital assets were like photocopies:
You can see who posted something, but you can’t see who owns an Instagram post, Pinterest Pin or Reddit meme.
NFTs are like a signature for digital items: They authenticate ownership of digital assets like art, collectibles, music, videos, in-game assets, and more. Just like physical certificates, they document:
- Who created it.
- When it was created.
- Who bought it (and when).
- The price(s) it solds for.
- Who owns it now.
more info here