NFTs are Digital Deeds…not jpegs…
CRYPTO AND ART GALLERIES NFTs are Digital Deeds…not jpegs… Many art gallery owners, dealers, and artists have scratched their heads over why someone would buy something that you can easily right click and steal for yourself. As people FOMO into the NFT space, it would be a good idea to re-evaluate what, exactly, they’re buying. […]
ERC-20 vs ERC-721
CRYPTO AND ART GALLERIES ERC-20 vs ERC-721? In general, there are two types of Ethereum tokens. ERC-20 and ERC-721. The two tokens are built on the same Ethereum blockchain, but they are incredibly different in what they’re ultimately used for and how they operate. What’s an ERC-20 token? Let’s begin with the ERC-20 Token Standard. […]
What’s the difference between a coin and a token?
CRYPTO AND ART GALLERIES What’s the difference between a coin and a token? One of the greatest points of confusion within the cryptocurrency metaverse stems from misuse of the words “coin” and “token”. The two refer to very different pieces of blockchain technology, and they both have wide-sweeping implications for the art community. Both are […]