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The rise of NFT’s in recent years has taken the world by storm, with the art world in particular seeing a surge in popularity and demand for digitally tokenised art.
Before buying and selling NFT art however, it’s important to get a comprehensive understanding of what they are and the best NFT practises to follow.

What Are NFTs?

NFTs (non-fungible tokens) can represent ownership in almost anything, from digital art to virtual real estate. It has often proved hard to demonstrate rights in the digital asset space, but with the introduction of NFTs, demonstrating ownership has been safer and easier. Contrary to bitcoin or dollars, NFTs are described as Non-Fungible because each one is unique and has its own value.

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Want To Learn More About NFTs & NFT Art?

Our Beginner’s Guide To NFTs contains everything you need to get involved in the NFT Art market. As well as learning how to set up your crypto wallet to start buying and selling NFTs, you can learn about the history and future of NFTs, common ways to display your NFT art and how to get started as a gallery or collector.

Our Beginner’s Guide To NFTs is packed with valuable information that will be of great use for art galleries and dealers, collectors and blockchain enthusiasts.

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Frequently Asked Questions About NFTs

There are an abundance of frequently asked questions about NFTs, so our Zeno Fine Art NFT Experts have compiled a list of FAQs and it’s a list that will keep growing and being added to.

What does non-fungible mean?

Fungible is another way to say replaceable. Unlike bitcoin or other cryptocurrencies, NFTs are all unique non-fungible tokens. If two people own one bitcoin each and they exchange them, after the exchange, they will both still have 1 bitcoin. NFTs being unique tokens means they are unique and non-replaceable (non-fungible).

What is the blockchain?

Blockchain technology is a shared ledger system in which a record of transactions made in cryptocurrency is maintained across several computers that are linked in a peer-to-peer network.

Why is the blockchain safe?

Blockchain technology is secure because it is both decentralised and distributed, this means that there is no single point of failure and that makes it much harder to corrupt. While blockchain technology isn’t immune to being hacked, being decentralised gives it a much better line of defence.

View all NFT frequently Asked Questions

Top NFT Articles

The Top 10 Marketplaces For NFT Art

When it comes to digital art collection, trading, and investment, non-fungible tokens have taken the art market by storm and with so many NFT marketplaces now operating it can be difficult to know where to begin building your NFT art collection. The top 10 marketplaces for NFT art listed in this article have been hand-selected by our expert fine art consultants...

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The Private And Public Benefits Of NFT Art

With physical art, there are certain limitations in place due to the physicality of the artwork and this results in varying benefits that are dependent on whether the physical art is in a public collection or a private collection. With NFT art, however, the private and public benefits of art are merged, and in many instances, added to by the fact that NFT art is a digital asset.

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What Exactly Are NFTs? - Fungible Vs Non-Fungible Tokens

Despite the surging popularity and increasing notoriety of NFTs, there are still many people wondering, what exactly are NFTs? And what’s the difference between fungible and non-fungible tokens?

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The Beginning Of NFTs - A Brief History Of NFT Art

In 2021 a new type of art and investment emerged onto the world scene with the record Christie’s sale of Beeple’s Everydays: the First 5000 Days NFT for $69 million. However, a little known fact is that NFTs have been around for a lot longer than that, and although 2021 became the year of the NFT, it wasn't the year of their invention.

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