NFT Technology
NFTs (Non-Fungible Tokens) are unique digital assets stored on a blockchain, creating an unalterable record of ownership and authenticity. For scenic photography, this technology offers several meaningful applications that align with my preservation and accessibility goals.
When you mint a photograph as an NFT, you're essentially creating a permanent digital record of that image on the blockchain. This provides a fascinating solution for archival preservation, as blockchain data is distributed across many computers worldwide, making it highly resistant to loss or degradation. Unlike traditional digital storage methods that might be vulnerable to physical damage from climate-related events, blockchain technology offers a more resilient preservation method.
The educational potential here is significant. Each NFT can carry detailed metadata about the photograph - the location, environmental conditions, historical context, and even changes in the landscape over time. This creates a valuable resource for environmental education, allowing students and researchers to study how landscapes evolve, particularly in response to climate change.
Regarding mental health benefits, the approach of making these landscapes more accessible through NFTs is intriguing. People who might never physically visit these locations could still experience their therapeutic effects through high-quality digital representations.
Digital Ownership
NFTs (or “non-fungible tokens”) are a special kind of cryptoasset in which each token is unique — as opposed to “fungible” assets like Bitcoin and dollar bills, which are all worth exactly the same amount.
Because every NFT is unique, they can be used to authenticate ownership of digital assets like artworks, recordings, and virtual real estate or pets. To read the rest of this article posted by Coinbase, click here.
In this revelatory talk, Founder and CEO of Foundation Labs, Kayvon Tehranian explores why NFTs - digital assets that represent a certificate of ownership on the internet - are a technological breakthrough.