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How does scribbles NFT differ from other digital assets?

avatarfamworldirlNov 30, 2021 · 3 years ago3 answers

What are the key differences between scribbles NFT and other digital assets?

How does scribbles NFT differ from other digital assets?

3 answers

  • avatarNov 30, 2021 · 3 years ago
    Scribbles NFTs are unique digital assets that are stored on the blockchain. Unlike other digital assets, such as cryptocurrencies, which can be replicated or divided into smaller units, each scribbles NFT is one-of-a-kind and cannot be duplicated. This uniqueness gives scribbles NFTs their value and scarcity in the digital art market.
  • avatarNov 30, 2021 · 3 years ago
    Scribbles NFTs offer a new way for artists to monetize their digital creations. By tokenizing their artwork as NFTs, artists can sell them directly to collectors without the need for intermediaries. This provides artists with more control over their work and allows them to earn royalties from future sales.
  • avatarNov 30, 2021 · 3 years ago
    In comparison to other digital assets, scribbles NFTs have gained popularity due to their ability to represent ownership and provenance. The blockchain technology behind NFTs ensures that the ownership of a scribbles NFT can be easily verified and traced back to the original creator. This transparency and authenticity are highly valued in the art world.