NFTs
NFT stands for “Non-Fungible Token”. Here, in this case, non-fungible means that the tokens are unique and irreplaceable. Every NFT contains a digital signature which makes each one unique. NFTs are digital assets and could exist as photos, videos, audio files, or other digital formats. NFT examples include artworks, illustrations, comic books, and collectibles. NFTs are based on a blockchain – that is, a distributed public ledger that records transactions. Each NFT contains unique identification codes that distinguish them from each other. This data makes it easy to transfer tokens between owners and verify ownership. NFTs hold a value that is set by the market’s supply and demand balance and they can be bought and sold in the same way that physical assets can.
As an Illustrator, The idea of selling artworks directly via a decentralized process not depending on curators, gallery owners, and publications sounded so amazing to me. I really love how the NFT market gives the artists the relative freedom to create art pieces, based on their favorite themes, subjects, and favorite art style and make earnings. So, I have been an NFT creator only few months after getting familiar with this market in 2021. Though, having a dozen of options to start with several platforms based on different cryptocurrencies, I chose to start minting on Foundation, an Ethereum-based NFT platform. Along with OpenSea, SuperRare, and some other well-known platforms, Foundation is now considered to be one of the main NFT marketplaces in which most NFT collectors, creators, and artists are active. I began listing my illustrations there as a 1/1 artist, which means that my artworks are not a part of a specific collection or collectibles.
In the next phase, I have plans to list my artworks on other platforms, especially those working based on ETH-related currencies and mint artwork collection besides my 1/1 collection. In the sections below, some artworks belonging to those collections are briefly introduced.