NFTs and Web3: How Blockchain is Creating a New Economy for Digital Art and Collectibles | HackerNoon

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NFTs and Web3: How Blockchain is Creating a New Economy for Digital Art and Collectibles | HackerNoon
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Discover the new economy for digital art and collectibles created by blockchain technology, through NFTs and Web3. - by AwesomeMicheal3 web3 web3writingcontest

Non-fungible tokens and Web3, powered by blockchain technology, have created a new economy for digital art and collectibles.

With NFTs, creators can easily establish a unique, tamper-proof record of ownership for their digital art, enabling them to monetize and profit from their creations. ethical concerns around the environmental impact of blockchain mining in NFT marketplaces demand our attention.

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