Member-only story
NFT — An Introduction To The Blockchain For Photographers And Creatives
The blockchain does not seem to relate to anything that has to do with photography or content creation. It is a technology that has been disrupting the finance industry, but it is not exclusive to finance. It is actually a much more transparent way to secure information and verify the truth. In the world of content creation, unauthorized distribution of content can really affect a photographer or artist’s income. There is also plenty of fraud that involves the sale of fake artwork and false assertions to original work. These are problems that a blockchain can help to prove for copyright and ownership of original art and content.
The rise of NFT (Non-Fungible Token) is a growing space in the world of DeFi (Decentralized Finance). NFT are an example of the many ways blockchains are being applied. This provides a way to tokenize a digital or hard asset that can be sold or traded through a digital exchange. It can also be through a direct peer-to-peer manner, which involves just two parties.
In this case it can be between a digital artist (the party who produces the work) and a buyer (the party who wants to buy the work). This also applies to photographers who want to tokenize their work, graphics artists who want to sell their work in an emerging marketplace and content creators who create digital art…
