What is NFT?

NFT means Non-Fungible Token - cryptographic asset on a blockchain with unique metadata, one of a kind.

What does Non-Fungible mean?

If you have a dollar, you can exchange it to another dollar without loosing any value. Non-Fungible means that you have something unique that cannot be equally exchanged to another NFT.

Picasso artwork is Non-Fungible, it is unique and cannot be equally exchanged to any other artwork.

NFT has multiple use cases. On TheCurated.app we use NFTs as a vehicle for artworks.

NFT makes the history of art transparent, you can see all the transaction in blockchain. Also, it is easy for you to showcase your collection, buy and sell artwork at any time.