Have you ever seen #NFT, #NFTs #NFT #NFTart #cryptoart as hashtags on social networks? Do you know why digital artworks are offered super high prices on websites like SuperRare, Nifty Gateway, Foundation?

What is NFT?
A non-fungible token (NFT) is a special type of cryptographic token which represents something unique; non-fungible tokens are thus not mutually interchangeable.

What is the application of NFT?
NFT is used to create verifiable digital scarcity, as well as digital ownership, and the possibility of asset interoperability across multiple platforms. NFTs are used in several specific applications that require unique digital items like crypto art, digital collectibles, and online gaming.

Why is NTF relevant to digital art?
Art was an early use case for NFTs, and blockchain in general, because of its ability to provide proof of authenticity and ownership that has otherwise had to contend with the potential for mass reproduction and unauthorized distribution of art through the internet.

The purchase of the NFT provides a permanent record of that purchase and proof of ownership. While anyone can print out or display an image from the internet, that image does not belong to them and they cannot trade it.

Payment is generally made in cryptocurrency; no doubt stimulated by the boom in cryptocurrencies, the market for NFTs is growing.

NFT art goes viral and Heads to Auction
NFTs started in late 2017, when the CryptoKitties project rocketed to popularity. CryptoKitties is a game on the ethereum blockchain that allows participants to buy, sell and breed cats or special NFT tokens on the ethereum blockchain. Each token represented a unique cat that was produced by a smart contract. The legacy of CryptoKitties is undeniable: the project raised huge awareness of the concept of non-fungible tokens.

Render Farm for NFT projects
3S Cloud Render Farm currently supports NFT projects using Blender, Houdini, Cinema 4D, Maya, 3ds Max. Visit us at: https://3sfarm.com/