The evolution of NFTs: from static images to generative art
NFTS, or non -fungible tokens, have revolutionized the world of digital and collectible art. Originally introduced as a way to verify the property of exclusive digital assets, NFTs have evolved into a powerful means to create and sell unique and unique pieces. In this article, we will explore the evolution of NFTs, from their humble beginnings to the current status of participant in the art world.
The first days: NFTs as art tokens
The NFTs were first introduced by Ethereum, a popular blockchain platform in 2017. Initially, called “non -fungible tokens”, these digital actives represented the property of exclusive digital art pieces. The best known initial NFT project was Superrare, which sold its exclusive digital works of art collection for $ 6 million.
The rise of decentralized art
In early 2010, decentralized art platforms such as Foundation and Opensea emerged to provide a way for artists to show their work and sell it directly to collectors. These platforms were based on blockchain technology to facilitate transactions between buyers and salespeople, ensuring that property and provenance were verified.
The emergence of generative art
One of the most significant developments in the evolution of NFTs was the emergence of generative art. Platforms like AELF and FLOW2X have allowed artists to create exclusive digital pieces using AI and machine learning techniques. These works can be purchased, sold and negotiated in decentralized markets.
It was from Binance’s smart chain (BSC)
In 2019, Binance Smart Chain (BSC), a blockchain platform built on Ethereum, was launched as competitor of Ethereum. BSC lower transaction rates and faster block times have made an attractive option for NFTs developers. Many artists have turned to BSC specifically because of their most favorable conditions.
The current state: NFT and collectible markets
Today, NFT markets such as Opensea, Rail and Superrare have become the favorite platforms to buy, sell and exchange exclusive digital art pieces. These markets usually have collections of rare and exclusive items of artists from around the world.
Collectibility has also become an important aspect of NFTs. Many markets now allow collectors to buy, sell and negotiate physical versions of their favorite NFTs, further obscuring the lines between digital and physical collectibles.
The future of NFTs: art of there, gaming and more
As NFT technology continues to evolve, we can expect to see even more innovative applications. An area that is gaining attention is the use of algorithms there to create exclusive art pieces. This can lead to a new wave of creative possibilities for artists.
Another emerging trend is the integration of NFTs playing elements. Games like Decentraland and Sandbox have already explored this concept, allowing players to buy, sell and negotiate digital land and assets using their own NFTs.
Conclusion
The evolution of NFTs, from static images to generative art, was not remarkable. From the humble beginning as a way to check the property, NFTs have become a powerful means to create unique and unique pieces that are now being collected and negotiated by collectors worldwide.
As technology continues to advance, we can expect to see even more innovative NFTs applications in the art world. One thing is certain: the future of NFTs will be exciting and full of possibilities.
Sources:
- [1] “NFTS 101”
- [2] “The rise of decentralized art” by blockchain.com
- [3] “A Brief History of NFTS”