The First NFT Gallery Opens in the Heart of Prague
NFTs, or non-fungible tokens, have revolutionized the digital art world. The unique signature keys associated with NFTs have created a new cryptocurrency marketplace. Crypto Portal, housed in a medieval basement in the heart of Old Town Square, features NFTs from a range of well-known local and international artists, including @jessicatichio, @solos.nft, @iamautomobilist, and @ivonatau. Prague’s NFT Gallery houses 40 screens in 12th-century basements of IAM Prague. For all visitors of IAM Prague, the entrance to the NFT gallery is going to be free of charge. Working hours are daily from 9.00 a.m. until 7.00 pm.m What is an NFT? Non-Fungible Tokens: NFTs are digital tokens. These unique tokens are packaged with digital art, collectibles, music, and even virtual land. Like cryptocurrencies, NFTs utilize blockchain technology, in this case, to establish verified, public proof of ownership of the digital collectible, along with a record of all transactions. The initial proliferation of NFTs happened on the Ethereum network, though NFTs are becoming more widely available on other blockchain networks. Why buy NFTs The sale of NFTs can empower artists and creators by enabling them to reach larger audiences, bypassing the need for physical sales or gallery involvement, and helping protect the uniqueness...