In the run-up to ‚documenta fifteen‚, which will take place this year in Kassel for 100 days starting on June 18, the team from art gallery and artist community Kunsttempel has launched a conceptual art project that focuses on generative art […]
Until now, bitcoin has been virtually synonymous with blockchain technology. This year, the NFT has been added as a synonym.
Like bitcoin, an NFT is a token on the (respective) blockchain.
All coins and tokens stand for predefined values. These can be money-like values, but also values such as ownership or participation rights.
The money-like tokens or coins are exchangeable 1 to 1.
1 Bitcoin = 1 Bitcoin. They are „fungible“.
The NFT, on the other hand, is the Non-Fungible Token, not exchangeable.
Tokenization is a core feature of all blockchain protocols and will probably be blockchain’s most dominant innovation as it enables valuation for literally anything. Bitcoin is a coin or token on the bitcoin blockchain protocol. Ethereum blockchain protocol’s own coin […]