🖼Four years ago, someone paid $69 million for this JPEG. Today it’s worth about $19K. No regrets, though — the buyer sees it as a piece of history, not an investment.

The NFT hype has cooled, and it may never return in the same form. But maybe that’s the point: art isn’t about price charts. It’s about what it means to you.

Good morning BulB 💡 FARMERS

How does an NFT work?”
Now let me explain it simply for you 👇
An NFT (Non-Fungible Token) is a unique digital item stored on a blockchain.
Here’s how it works:
An NFT is created (“minted”) on a blockchain like Ethereum.
It represents ownership of a digital item (art, music, video, game item, etc.).
The blockchain records who owns it.
It can be bought or sold using cryptocurrency.
The important thing is:
NFTs are unique — no two are exactly the same.

Abstract-A-Shapes-Assembled-Colorful-Art-Publicdomain (13)

Yeah!
The screen one.
I posted that on other sites already but finally we are here on Bulb.
Have a nice day.

I share my photography as Public Domain with the world.
#PublicDomain; #LicenseFree; #RoyaltyFree;

Christmas in Blockchain

Discover how blockchain transforms Christmas with NFTs, transparent giving, virtual celebrations, and sustainable gifting.

Article: https://www.cryptonavigator.net/christmas-blockchain/

#Christmas #Blockchain #NFT #metaverse

Pos Indonesia Unveils NFT-Backed Stamps

Pos Indonesia launches its first NFT-backed stamp, blending traditional stamp collecting with blockchain technology.

Article: https://www.cryptonavigator.net/pos-indonesia-unveils-nft-backed-stamps/

#indonesia #NFT #stamps #postal

NFTs are trending again, just in a different form. Pavel Durov shared that 18 Telegram gifts bought for $57 a few months ago were recently traded for a $350,000 Porsche.

The story proves a simple truth: people don’t care what they buy, as long as it’s hype and scarce. That cycle will keep coming back in new forms.

The power of NFTs?
NFTs derive their power from several key attributes:
- Uniqueness – Unlike cryptocurrencies, each NFT is unique and cannot be replicated.
- Ownership & Provenance – NFTs provide verifiable ownership, allowing buyers to trace the history of an asset.
- Smart Contract – These enable automated royalty payments, licensing, and enforcement of rules without intermediaries.
- Interoperability – NFTs can function across multiple platforms, from gaming to virtual real estate.

Post 2
How Does an NFT Work?
Minting (Creation)
A creator uploads a digital file (art, music, video, etc.) and “mints” it on a blockchain like Ethereum or Solana.
This creates a unique token linked to that file.
Blockchain Record
The blockchain stores:
Who created it
Who owns it
Transaction history
This record is public and cannot be changed.
Ownership
When someone buys the NFT, the blockchain updates to show the new owner’s wallet address.

Using NFTs to Combat the Deepfake Crisis

NFTs and blockchain can combat deepfakes by verifying content authenticity, but need wider adoption and combined solutions.

Read more: https://www.cryptonavigator.net/using-nfts-to-combat-the-deepfake-crisis/

#NFT #blockchain #deepfake #authenticity