They’re two of the most commonly asked crypto questions of the last few years: what exactly are NFTs and what actual purpose do they serve? These are excellent and perfectly valid inquiries that even seasoned crypto veterans might forget from time to time.

So, What Are NFTs Again?

Essentially, NFTs are unique digital goods encrypted to a blockchain and bought and sold securely, leaving a clear record of transactions and ownership as they go. They are essentially assets held on a digital ledger with a transparent ownership history.

From art designs to digital collectibles, NFTs can take on a variety of different forms, but the concept is the same: true digital ownership of a unique item that is secure, transparent, and legally yours. Think beyond an image. An NFT can be an experience, a ledger, a ticket, a download, or something else entirely.

An NFT can be anything: an entry pass to a game, a certificate of completion, a bundle of game upgrades, sports trading cards, and more. There is no limit to what can be digitally created with NFTs and we are seeing greater emergence of new ideas come to market than ever before.

OpenSea® Explains In Less Than 90 Seconds

In this short video from industry leader and #1 global NFT marketplace OpenSea®, we’re given a quick look at the world of NFTs and what can be created when artistic creativity is combined with a powerful platform like OpenSea®. The future is so bright, we know we’ve only scratched the surface.

The sky is truly the limit in terms of what we can dream of with NFTs. At Artchway®, we create uniquely crafted, premium NFTs that pair a single piece of collectible art with unlockable, bonus extras only available to the sole owner. We’re creating NFTs unlike any that have come before.

Artchway NFTs™

Artchway NFTs™ currently come in two editions: Limited Edition and Special Edition. All Artchway NFTs are exclusive, uniquely designed editions in runs of 50-100, making them highly collectible.

Check out our NFT Portal to explore some of the rare offerings currently available in our NFT gallery. For more information, check out Blazing The NFT Trail, True Digital Ownership and Crash Course: Blender for Beginners. Visit our handy FAQ page too. If you have any questions about NFTs, please contact us. We’ll be adding more resources in the coming weeks, so keep an eye out!

Special Thanks to OpenSea®, Alex Atallah, and the OpenSea Team

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