In providing accurate NFT verification services, neither humans nor computers are sufficient. However, using a technology called perceptual hashing, mountainous digital files can be reduced to perceivable attributes such as shapes, patterns, and colors that can easily be compared by both humans and computers. By combining perceptual hashing with human verification, NFT verification services can …
With entrepreneurs, rappers, DJs, and professional sports players leading the way, more and more celebrities are joining in the NFT craze than ever. Some launch their own NFT collections; some collect NFTs from other creators; some directly invest in NFT ventures. Some do all. This guide will dive into the portfolios of the top celebrity …
The NFT concept is new to most; the term “non-fungible token†skyrocketed into the mainstream from relative obscurity within an esoteric group of cryptocurrency aficionados. The script changed in early 2021: NFT collectors suddenly started spending thousands to sometimes millions of dollars to buy various JPEGs and GIFs on the Internet. With so much money …
NFT art is soaring in popularity due to the blockchain’s ability to offer a multitude of features that appeal to both creators and collectors. Artists continue earning royalties for the same artwork from the sales in the secondary market, which isn’t possible in the traditional art scene. Collectors enjoy advantages that weren’t possible before blockchain …
NFT Copyright: What Artists and Collectors Should Know Read More »
In August 2021, a prominent NFT collector called Pranksy paid more than $336,000 for a fake Banksy NFT. Pranksy first learned about the artwork from a member of his Discord channel. The auction was also advertised on Banksy’s official page. About an hour after placing his offer, the seller of the NFT was accepted by …
The Most Common NFT Scams (And How to Avoid Them) Read More »
