Non-fungible tokens (NFTs) are electronic identifiers that verify the existence and the ownership of a digital or hard collectable. The technology has been around since at least 2012 and comes as an offshoot of the boom in cryptocurrencies, which also run on the blockchain.
NFTs are helping solve problems that have long been central to digital art: how do you claim ownership of something that can be easily and endlessly duplicated?
Digital certificates for intellectual property are stored on the blockchain.
Each item is linked to an NFT that has a unique value and cannot be exchanged with any other asset.
Since NFT uses blockchain technology that provides a transparent record of every transaction made, artists and collectors can now sell and trade their artworks without worrying about ownership issues.
One of the obvious benefits of buying art is it lets you financially support artists you like, and that’s true with NFTs (which are way trendier than, like, Telegram stickers). Buying an NFT also usually gets you some basic usage rights, like being able to post the image online or set it as your profile picture. Plus, of course, there are bragging rights that you own the art, with a blockchain entry to back it up.
How NFTs work
NFTs are digital certificates that authenticate a claim of ownership to an asset, and allow it to be transferred or sold.
The certificates are secured with blockchain technology similar to what underpins Bitcoin and other cryptocurrencies. A blockchain is a decentralised alternative to a central database. Blockchains usually store information in encrypted form across a peer-to-peer network, which makes them very difficult to hack or tamper with. This in turn makes them useful for keeping important records.
Terms for redeeming a free print
- You have to send me proof of the transaction showing that you are the real buyer at ENTER.ART and that the transaction was made between you and me.
- You have to live in one of the countries I ship to. You can see the list of all countries I ship to here
- The shipping cost is on me, but some countries will claim an import tax that you have to pay. I have no control over that
- If you live in a country not supported by my printing lab, please use a Shipping Forwarder in the USA or EU to handle the shipment all the way to your doorstep.
The Artist rights (Erik Brede Photography and All Associated Works) are protected by the Federal Copyright Act of 1976 and the Federal Visual Rights Act of 1990. Purchase of a copyrighted artwork does not transfer the copyright. The copyright to produce the works in copies, to produce derivative work based on the copyrighted image, and distribute copies is retained by the Artist and is strictly forbidden by international laws.
NFT Ownership Disclaimer
The purchased NFT is a digital artwork that has been digitally signed by the artist, uniquely identified in the blockchain and uploaded as a limited edition. The generated NFT is proof of ownership and authenticity of this edition of the digital artwork. The purchase of the NFT is final.
The buyer purchases a signed and limited edition copy of the digital artwork to own. Buyer acknowledges that ownership of an NFT does not carry with it any rights, express or implied, other than ownership rights in the NFT (the digital artwork tokenized by the NFT).
Upon purchase, the Buyer may access the digital file to view on any digital device for personal use or print it on any media like posters, wall art, T-Shirts etc, but only for personal use.
Upon purchase, the buyer receives the right to use, distribute and display the creation for non-commercial purposes only. Commercial use is strictly forbidden with exception of resale of the NFT on the blockchain without alteration or reproduction. Unless explicitly stated, copyright to the artwork and other reproduction rights remain with The Artist.
Please contact me if there is a special artwork from my portfolio you like me to make available as NFT.
Make an Offer
You are welcome to give an offer on unlisted NFTs and I will make them available for an agreed period of time.