Sean tiner bitcoin

Submitted photo. As an artist gains in popularity, his or her artwork may appreciate in value. However, as the artwork gains in value, the artist will not be able to earn additional income after the first sale of the original art. Only the current owner will receive payment if the work is sold again in the future. When a new buyer purchases the artwork, he or she may not have insight into how much the seller originally paid for the artwork or if any other offers were made on the artwork during the current ownership.

An NFT is a unique digital asset, such as a photo, video, or audio file hosted on the blockchain by a smart contract, which authenticates the uniqueness of the artwork. Unlike traditional art, such as a painting or sculpture, NFTs keep a digital record of every purchase and owner of the artwork as well as any offers that were ever made on the artwork. Additionally, artists can earn a defined recurring commission percentage for any future new sales. This allows an artist to continue to receive regular, recurring payments of future sales in perpetuity.

Sean Tiner. NFTs also provide a historical overview of ownership and stats on its origin. For anyone who has ever collected a piece of artwork or sports collectible, such as a sports trading card, he or she will understand the challenge of knowing how many of a current series may exist. With NFTs, anyone can visit the blockchain to view the artwork and also see its date of origin, purchase price, and transaction history, including any offers that may have been accepted or declined.

NFTs provide a myriad of opportunities for artists as well as collectors to realize. The implications are not only limited to the digital world, but transcend to the physical word. For example, a world-famous artist may create a series of paintings and choose to store them in a secure location for safekeeping or a new artwork owner may not want to take immediate ownership of an artwork, but still own it. In this case, a NFT could provide a record of ownership and rights to the stored painting.

As new opportunities continually emerge with NFTs and redefine the landscape of modern art, I thought it is important to share this technology with Laguna Beach. We work hard to present our network of funds and introduce current available Pre-IPOs within our reach. Funds we work with do not charge any upfront fees, so they rely on members making substantial returns to remain profitable.

We wish we had enough to keep up with demand, but many opportunities are gone within a few hours of announcement to our network. Share on facebook. Share on twitter. Share on linkedin. Prev Previous Company Eat Just. Next Company Ola Next. Join Our Network. Our network grants accredited investors access to follow the elite angel investors like Elon Musk, Peter Thiel and invest as they do. Chat With Our Team. Facebook-f Linkedin-in Instagram.

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