NFT & Blockchain
- Each NFT is stored on a blockchain, which serves as a decentralized ledger that records transactions and ownership details in a transparent and immutable manner.
- NFTs enable creators to tokenize their work, allowing them to sell and distribute digital assets directly to buyers without the need for intermediaries like galleries or auction houses.
- The value of an NFT is determined by factors such as scarcity, demand, provenance, and the reputation of the creator.
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