The Startup
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The Startup

Art By AI Sold Through NFTs

AI art makes a perfect case for NFTs, but what are non-fungible tokens in general?

NFTs stands for non-fungible tokens, that is digital assets based on cryptography representing something unique. In contrast, bitcoins are fungible, because 1 bitcoin is equal to another and they are interchangeable.

Art is a perfect use case for NFTs because tokens guarantee authenticity. A token representing a piece of artwork is its proof of authenticity, with a history of ownership built-in dating back to the creator.

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