NETHER NFT

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NETHER NFT ( nether-nft )

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Promising Use Cases of Non-Fungible Token Page Number 8 Non-Fungible Token & Art As mentioned before, one of the most important use case for NFTs is art. At some point in our life, we have all visited an art museum, looked at the price of an art piece and thought “WOAH! That is insane.” Well the reason behind this insane pricing of those pieces of art is the fact that are one-offs and something better or even remotely close to it can never be created again. NFTs present a similar opportunity but for digital artists. The world of internet has no regard for how much hard work goes into creating a piece of digital art because people on the internet would blatantly copy a digital piece of art and call it theirs. NFTs provide an opportunity to create a digital ownership of the piece of art, which the owner can sell in digital auctions to people all around the world, without a third party intervention. So while this won’t prevent people from creating copies of the digital art, it would however prevent them from claiming the ownership of the artwork as the NFT would provide proof of ownership, and protection against copyright infringement.

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