Unique

What is a Non-Fungible Token?

A Non-Fungible Token (NFT) describes a unit of data stored in a digital ledger, often termed Blockchain. This data unit certifies an analogue or digital asset as unique and non-exchangeable.

Non-Fungible Tokens can be used to represent different digital elements. Some examples are photos, videos, audio files, and other types of digital media. Access to the original file is restricted to the purchaser of the NFT. Access to a copy of the original file, on the other hand, is not. These copies of the digital media are available to virtually anyone. NFT of the original files are tracked on a Blockchain to provide Proof-of-Ownership to the owner. However, this proof must be clearly distinguished from the copyright of the digital work.

Strong Demand

NFT in 2021

NFT Advisor & NFT Development

In 2021, the interest in the use and proliferation of non-fungible tokens has increased immensely. Ethereum, Flow, and Tezos are some examples of Blockchains that have their own standards when it comes to supporting NFT. What they all have in common is that the represented digital medium is authentic and unique. The unique identity and ownership of an NFT can be verified via the Blockchain's ledger. The tokens contain metadata that is processed via a cryptographic hash function on the ledger.

Non-Fungible Tokens allow their creators to convert virtual goods into unique and conterfeit-secure collectibles. This was previously impossible in the digital realm. NFT make us rethink and revolutionize the concepts of licensing and property.

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Blockchain Standards in the NFT Sector

ERC-721 & ERC-1155

Known Projects with Non-Fungible Tokens

Decentraland

Gods Unchained

My Crypto Heroes

Crypto Stamps

NFT Development

NFT Advisory & Implementation

As an NFT Advisor, we advise private and institutional clients on discovering and acquiring contemporary digital NFT art, particularly from artists, to transact their works on the Blockchain, specifically the Ethereum Blockchain.

So if you feel intrigued by crypto art and have the heart of an early adopter, come and develop the fun of collecting this new class of assets and connect with a new generation of talented digital artists.

As an NFT advisor and implementer, we help private and institutional clients discover, acquire, and implement contemporary digital art, as well as find solutions for digital settlement of licensing & ownership rights.

Services by Blockchain Solutions
  • Helping collectors get started in the field with information and hands-on onboarding
  • Identification of potential acquisition opportunities
  • Support for artists to offer their works as Non-Fungible Tokens
  • Facilitation of acquisitions
  • Drafting of complete acquisition plans
  • Support with collection management
  • Exhibition and ecosystem planning and implementation

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