A few weeks ago, the Spanish-speaking world's premiere cryptocurrency commentator, speculator and all-round professor Juan en Cripto, asked me to create some artwork for an NFT (Non-Fungible Token ) to celebrate his achieving a milestone following of ten thousand Youtube subscribers.
After some experiments, Juan elected to go for a 'baseball-card' design for the limited edition run of ten pieces. Using blockchain technology, he will give a copy to the most loyal of his grass-roots followers, and they will each retain certified ownership of this artwork. Other reproductions could be made, but the certification that theirs is the legit artefact and not an unauthorised copy means that it may ultimately have a value like a piece of traditional, real-world art.
Of course, you can imagine that this technology will soon be applied to all digital art, and those who have legitimate proof of ownership of an original will be able to benefit from an increase in its value, and the artist will also be guaranteed a cut from any future sales.
As an arch capitalist who loves money, I can only give my wholehearted approval of this innovative and disruptive technology.
Qué es un NFT en Watafan (RSK) + SORPRESA ¿NFT GRATIS? 🎁 (2021)