Creative Contributor Nidheesh Chandran
Creative ContributorForum Replies Created
-
Please post few artworks in your profile.
-
Post few artworks in your profile to complete your profile.
-
AI art is a new and exciting development in the world of art, which presents new opportunities for artists to create unique and compelling pieces. While some people have concerns about AI art lacking intentionality or replacing human artists, others see it as a new form of collaboration between humans and machines.
However, I do believe that AI art is an interesting area to watch and see how it evolves in the future. it’s important to explore new technologies and push the boundaries of creativity, while also being mindful of the impact that these new technologies may have on the industry.
-
When you create an NFT you own it, you need to pay the wallet verification charges for creating the NFT.
-
Jackson Pollock, Salvador Dali, Rembrandt, Michelangelo, Joan Miro, and Van Gogh.
Number 17A, 1948 by Jackson Pollock is my favorite work.
but all these artists’ artworks are in museums and not available as an investment option ????
-
NFTs are not exactly cryptocurrencies, but they are built using technology similar to Bitcoin and Ethereum. Just like the cryptocurrencies, these NFTs exist on a blockchain, which verifies their unique identity and ownership. The blockchain also holds a record of all the transactions connected to the particular NFT and the property it represents. Most of the NFTs are held on the Ethereum blockchain.
-
You can screenshot or just download a copy of the digital art. But its the NFT (token you store in your wallet) that certifies that you own the original of that artwork. You can take it just like the original Picasso versus its print. The NFT simply validates you as the owner of the original artwork. The NFT (token in your wallet) is not the artwork, it’s just a cryptographic token that proves you’re the owner, and its safely stored on a blockchain. So owning an NFT is safe.
-
The cost of minting or creating nonfungible tokens can vary from under $1 to over $1,000. NFT artists have regularly spoken about the ups and downs of costs associated with minting NFTs. Several popular NFT wallets allow you to mint entirely free of charge, while some may charge a minimum fee of between $70 and $120 to get you started.
However, at peak times, prices have soared beyond $200-300. It’s actually not uncommon for some individuals to pay >$600 to mint an NFT
You will be obligated to pay additional minting expenses known as a “gas fee” on the Ethereum network once the NFT is operational. Ethereum charges a price to conduct transactions and construct contracts on the blockchain (called the “gas fee”). This fee is directly sent to miners who are pumping out the computing power required to validate transactions.
Essentially, you’re paying for the computing power — the electricity — that the blockchain requires to produce the NFT. You’ll want to keep at least a small amount of ETH in your crypto wallet that’s storing your NFT so that you can keep the “gas fee,” especially if you’re going to be revising pricing, listing pieces for sale, and general trading with these collectibles.
Knowing how much you’ll have to spend on the ETH gas cost is a bit of a guess until the actual “gas bill” arrives. (There is usually a speed choice.) If you want your NFT immediately, you pay more, but you can choose the slower, less expensive alternative.) -
Right now you need to send your artworks or profile to curators for upgrading your account. But soon the system will change, everyone can start uploading artwork in the art gallery space.
