NFT News Channel (NNC) lead by the founder of TheLuxuryLifestyleMagazine, Michael Maddaloni and his Vice President of Digital Media Tamer Uludag, are bringing you the best information and the most viral NFT’s to explore. The channel has been created in mid December of 2021 and is already on pace to be the number one fastest growing NFT and Crypto go to source for new information and news in the all new metaverse world.
Nft’s have took the world by storm and are here to stay. With many new and different projects being released daily; @NFT.NewsChannel is the digital destination to stay in tune with.
NFTs are unique cryptocurrency tokens used to represent assets, most popular for digital art, music, and short clips. NFTs can be bought, sold, or traded, just like a physical asset, except within a blockchain technology recording and documenting all the transactions. For example, if you own a piece of digital art which has been minted into 100 editions, each edition is tracked and documented in the blockchain so you can see and validate your unique number of that piece of art. That number can never be changed once you own it, you have the right to do as you please with your art. If you sell your minted piece of art, the transaction will be documented on the blockchain and the new owner will be listed.
With blockchain technology and many amazing artists, when you buy into their works, you don’t need to worry about anything physically happening to the piece of work. Since everything is digital, it will be in it’s best condition forever.
One of the biggest benefits to a creator creating an NFT is that they will get royalties for the rest of their life whenever that NFT is traded. This brings in passive income for the rest of their life and really gets the artist the attention and compensation they deserve.
For more information about NFT’s and the most viral clips by some amazing artists find @NFT.NewsChannel on instagram as they are on pace to really set a name for themselves in the NFT world as the authority news source, dubbed NCC. Also be sure to check out @nftpromo for more of the latest.
Art by @RealImposter
