12/28/2022 0 Comments Non fungible tokens examplesWether or not it makes sense to create artificial scarcity for a digital file is probably a matter of taste and subject to specific use cases. Creating a digital signature allows us to build complex behaviour into the token contract that could create interesting new dynamics in the art world and beyond. Non fungible tokens examples for free#Uniqueness of digital art and the fact that files can be copied for free does not necessarily have to exclude each other. Web3 tokens allow us to create a hash of an original file and sign it with the private key of the content creator, which means that the hash of this file can be collectively managed by a blockchain network. You can only use DRM to limit access to that data packet and use legislation to enforce your property rights and sanction pirating of files or IP. The client-server architecture upon which the current Internet operates does not allow us to distinguish original files from their copies. Web3 tokens allow artists to sign a specific digital file (artistic content) with their private key, thereby creating uniqueness for that file. The Museum displays tokenized art collection (NFTs that were bought by the collectors who contribute to the virtual musem).
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