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What are Physical NFTs? How to Sell Physical Items as NFTs

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Source: BlockZeit

Non-fungible tokens (NFTs) continue to grow in popularity, making it hard to escape the phenomenon. As NFTs make their way to the mainstream, they come in the form of digital art, fashion, music, and the metaverse. However, physical NFTs are also carving out space.

So, what exactly is a physical NFT? Is there a way to sell physical items as NFTs? Let us find out.

What are Physical NFTs?

NFTs are linked with the art world and are also issued and sold as a virtual representation of off-chain assets, which include antiques, consumer goods, and collectibles. However, physical NFTs act as a cryptographic token of ownership over a physical item for the buyer. This happens when the buyer wants a physical version of the NFT. A physical NFT is a non-fungible token connected to a physical asset.

Read more: https://blockzeit.com/what-are-physical-nfts-how-to-sell-physical-items-as-nfts/

Art

Celebrity NFTs: 10 Famous Personalities Who Launched Their Own Digital Tokens

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Source: techopedia

Celebrity NFTs are becoming a force to reckon with in the decentralized finance (DeFi) space within the more expansive cryptocurrency industry. Many well-known celebrities have, in the last few years, adopted and launched NFT digital assets for various reasons – some more obvious than others.

On the other end of the spectrum are fans eager to gain exposure to one of the fastest-growing sectors of the blockchain economy, thanks to the various forms of digital art assets that can be bought on-chain.

Read more: https://www.techopedia.com/celebrity-nfts-10-famous-personalities-who-launched-their-own-digital-tokens

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Art

Without rules, AI-generated art paints a grim picture for artists

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Source: The Asahi Shimbun

A dog painting created by an image-generating artificial intelligence system in the process of being corrected unnatural descriptions. (Provided by Tomoko Yamaoka)

There are growing concerns that artificial intelligence could mean that would-be artists today don’t have to be the next Picasso to create lucrative pieces.

Until recently, AI systems could create only questionable works of art, but their quality is rapidly nearing that of paintings for commercial sale. 

Creators are fearing their AI counterparts may violate their rights or deprive them of jobs, as detailed countermeasures have yet to emerge under existing legislation.

Read more: https://www.asahi.com/ajw/articles/14938694

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Art

Digital Art Organization Rhizome’s New Blockchain Program Is an NFT-Dotted Journey Through the History of Generative Art

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Source: Artnet

In 1999, programmer Alex Galloway, artist Mark Tribe, and researcher Martin Wattenberg built an all-encompassing online archive for Rhizome. The platform had launched three years earlier as an email list for discussions about new media art, and the trio’s approach to logging its dialogues was suitably visual, hinging upon digital technology. Titled StarryNight, the resulting interface allowed users to navigate a constellation of stars across a digital night sky, each of which was linked to a keyword and associated emails.

Alas, despite its significance as a piece of Net art, StarryNight would end up nonfunctional, its text corpus lost for more than a decade—until now. Rhizome, now affiliated with the New Museum, has resurrected the interface, partially recovering its text content and enabling it to run on operating systems later than Windows 1998. And in a further move, the team has brought the work up to date with the Web3 era.

Read more: https://news.artnet.com/market/rhizome-trlab-seed-generative-art-2331679

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