Technology Behind NFT by Indorse

Indorse introduced article What makes a ‘good’ NFT? Exploring the Technology behind Digital Artworks.

With NFTs being the center of many artistic debates, due to their growing popularity, the question ‘what makes a good NFT?’ is often asked. People will always have different opinions and tastes when it comes to art and aesthetics. Some believe that the quality of NFTs is based on the content, while others consider that it is the stories behind them that matter. If there is one thing that can universally be judged regarding the quality of NFTs, it’s their technological strength. While some NFTs are completely decentralised, others are subject to manipulation and damage.

Imagine acquiring two paintings, without having the ability to change their locations. One is stored in a museum with an impenetrable security system and the other is in a run-down building that could collapse at any point. Which painting would you consider as the best investment? Many collectors are spending considerable amounts of money acquiring NFTs, without knowing where the assets of the digital artworks are located.

Checking the location is a crucial step prior to acquiring an NFT, as it provides visibility on wherever the artwork will still exist in the near future. NFTs can lose all their value due to tech issues, no matter how ‘good’ or ‘bad’ they are from an artistic point of view. Technological qualities are therefore key to assessing an NFT.

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📰 INFO:

https://blog.indorse.io/the-science-behind-a-good-nft-80f9832c0b8c