The NFT (non-fungible token) is a new way to define the value of things. In this article, we will explore how this new technology works and why it’s changing what we consider valuable.
when nft was created?
when nft was created? In May 2014, the first NFT was created. It was something between a joke and the beginning of an open art movement, playing with our ideas of what is real and what we consider valuable.
The artist behind this piece is Beeple. He created a unique artwork called “BEEPLEFISH” by hand painting each pixel on canvas before scanning it into Photoshop. This piece could be used to create any number of digital versions using widely available software found online such as Autodesk 123D Catch or Google’s Poly service (which no longer exists). The resulting images were then transformed into an NFT that could be traded on Cryptokitties’ marketplace—transforming them into digital assets that could be bought or sold within the game environment alongside other works from artists around the world
The first NFT was a digital work of art by the artist named Beeple, called “Everydays:
The first NFT was a digital work of art by the artist named Beeple, called “Everydays: The First 5000 Days” which sold for $69 million on Nifty Gateway, along with a physical piece of art which left it unclear whether the piece should be considered a digital or physical one. Sold again at Christie’s, this became the third highest valued auction in history.
The evolution of the internet has given us ways to do new things that didn’t exist before.
The evolution of the internet has given us ways to do new things that didn’t exist before. Think of how video games have changed since they were invented in 1947. Improvements in graphics and sound have allowed developers to create more immersive worlds than ever before. These changes meant that players could live out different experiences, from flying through space to exploring a galaxy far away from earth.
In addition to helping us experience things we haven’t before, the Internet also allows for new types of interactions between people who may not otherwise come together—and even if they do meet up physically, there’s no guarantee that they’ll be able to communicate as effectively because human language can only express so much information at once!
The NFT has been changing society’s views on what is valuable
The NFT has been changing society’s views on what is valuable. The NFT is a new form of art, money, property and collectible that allows people to be rewarded for their efforts in creating or curating content. This opens up new opportunities for artists, entrepreneurs and investors alike.
For example: you can now invest in the creation of movies and video games by buying shares in them on blockchain-based platforms like Arcadia or Binance Chain—and get paid back when those projects become successful!
These NFTs are changing society’s views on what is valuable. They challenge our perception of what art means, and how important it is to our lives. Artists today can create digital works that are sold on blockchain platforms like Nifty Gateway, which will turn out to be valuable pieces of art. This has already happened with Beeple’s Everydays: The First 5000 Dayswhich sold for $69 million at Christie’s auction house in London!