TECHNOLOGY – WHAT IS A [NFT]?
Our artwork is digital in nature. The basis is old banknotes but the processing is purely digital.
At BLOCK:ART Army work several digital artists and developers who create unique art experiences with different methods and software tools.
FIRST STEP: MONEY BECOMES [ART]
In this part of our art, we screen banknotes with special GE equipment similar to X-ray. In the process, 99 slices of the banknote are created. Digital artists are now processing the individual slices into their own works of art. All 99 slices together make up the [META:NFT] artwork.
NEXT: CREATE [NFT]
The META and BLOCK:NFT are now linked to a so-called non-fungible token and thus securitized as property for the subsequent owner. Only the buyer of the NFT owns the rights to this work of art, this is shown on the blockchain in a forgery-proof manner.
AT LEAST: [ART] BECOMES [MONEY]
All NFT are connected ba the so called smart contract. This contract makes sure every NFT gets a share of the royalties from every trade. Our developers have provided this smart contract with an automatism so that the possibilities of the blockchain can be exploited to the maximum in terms of security and trust.