(More about that in the section about the impact of NFTs on the environment) ![]() So, in the most basic of senses, an NFT is a digital transaction that is associated with a particular extra file that contains something of value (art, music, comic, animation, video, photo, etc), and that transaction also comes with a certificate of authenticity that would take a lot of time and effort to fake. These copies don’t hold the same value as the original, just in the same way that a print of a Monet doesn’t hold the same value as owning the original painting. Just as prints can be made of original artwork, copies of an NFT can also be made. Not every NFT is completely unique, however. Each item in this chain of trades is unique, and that’s basically what trading NFTs is like! Then I can take that Blue Eyes, White Dragon card and trade it for, say, a used car. They’re both trading cards, but they aren’t exactly the same. Trading an NFT is like exchanging your Shiny Charizard for a Blue Eyes, White Dragon (Wow, showing my age there!). NFTs are unique, however, and can’t be exchanged like-for-like. You still have a quarter and the two are nearly indistinguishable from each other. It’s like trading one American quarter for another American quarter. If you have one token of cryptocurrency and trade it for another token, you still have one token. Now, back to tokens! A standard token in cryptocurrency is fungible, meaning it can be traded like-for-like. There’s a lot of other technology that goes into blockchains, and it’s really easy to fall into a rabbit hole on YouTube of explanation videos, but this is a basic explanation of how they work and why they’re so secure. ![]() This makes these transactions very secure and difficult to fake their authenticity. These blocks are very hard to alter, partially because most cryptocurrencies use a system called “proof of work” that slows down the processing to make a block in the chain.īelow is a quick drawing I made to try and better explain this concept.Ĭhanging these blockchain ledger entries takes lots of time, energy, and all changes must be verified by the other users on a Peer-to-Peer network. Each block points to the previous block, which is what makes a chain. MANGA STUDIO 5 SERIAL NUMBER VERSION INFORMATION CODEThe blockchain shows a ledger of each transaction associated with a token and proves who owned that token before.īlockchains contain three primary bits of information - the data of a transaction, a unique code for that transaction (like a barcode or serial number), and the code of the previous transaction. Each token is part of a blockchain, which is a bit like a Chain of Custody log. NFT stands for Non-Fungible Token, which is a cryptocurrency transaction with added information in the form of an image, gif, MP3, video file, or some other type of file attached to it. In this article we will cover the following topics: (My actual desk while writing this post!) Even with several days of research and taking notes like I was studying for a college exam, I am definitely not an expert on this method of selling art with cryptocurrency! But I think this is an interesting way to sell art and it’s exciting to see something like this emerging right before our eyes. But what is an NFT, how are they beneficial to artists, should you sell them, and what impact do they have on the environment? I will try to answer all those questions and more in this article! This writing is by no means a comprehensive article about NFT creation and sales, but more of a primer. MANGA STUDIO 5 SERIAL NUMBER VERSION INFORMATION OFFLINEI write weekly posts on and on CSP Tips, so be sure to come back every week to learn more Clip Studio Tips and Tricks from me!Īs of the time of this writing, NFTs are taking the online - and the offline - art world by storm. Many of you probably know my name from those books, in fact. I was a beta-tester on the Manga Studio 5 program and for Clip Studio Paint, and I have written three books and several video courses about the program. Hello! My name is Liz Staley and I’m a long-time user of Clip Studio Paint (I started using the program back when it was known as Manga Studio 4!).
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