Now, if you are an artist, we sure you heard about the artist’s new art form or platform – NFT. You must have heard the news about Grimes was getting millions of dollars for NFTs and Nyan Cat meme was being sold for $600,000.
You might have a few questions as we do. What’s the fudge about NFT? Okay, let us share with you the info we found from our research on the Internet :
WHAT IS AN NFT, AND WHAT DOES NFT STAND FOR?
Non-fungible token.
TOO BASIC OF AN INFO? Let me elaborate further.
“Non-fungible” more or less means that it’s unique and can’t be substituted with something else. For example, an Ethereum is fungible — trade one for another Ethereum, and you’ll have precisely the same thing. A one-of-a-kind trading card, however, is non-fungible. If you traded it for a different card, you’d have something completely different. You gave up a Squirtle and got a 1909 T206 Honus Wagner, which StadiumTalk calls “the Mona Lisa of baseball cards.” (I’ll take their word for it.)
How do NFTs work?
Most NFTs are part of the Ethereum blockchain at a very high level. Ethereum is a cryptocurrency, like bitcoin or dogecoin, but its blockchain also supports these NFTs, which store extra information that makes them work differently from an ETH coin. It is worth noting that other blockchains can implement their own versions of NFTs.
Thanks to , as a Local Contemporary & Digital Artists, you don’t need to master NFT to get on the NFT world.
NFTapir (nftapir.com), a new Malaysian-born online NFT marketplace curating quality art, is looking to onboard 100 local artists over the next few weeks by adopting a simplified approach to ensure a quick and easy entry process that allows artists to digitise their works by removing as much clutter faced with any typical crypto interactions. This will especially appeal to contemporary artists who are hesitant to enter the digital realm due to the perceived complexities of the NFT space.
With that, let us give you 5 reasons why you, as a local artist, should join now!
1. You can digitize your artwork with minimal hassle
If you are a Malaysian artist working on either traditional or tech mediums (watercolours, oil, collage, sketch, digital, new media, etc) then this is the news you have been waiting for . You can now digitise your work into a NFT (non-fungible token) with minimal hassle.
