What is an NFT?
NFT stands for ‘Non Fungible Token’, but what does that mean? Well, it helps to first understand what a ‘Fungible Token’ is. If we think of it in terms of money: a 100 dollar bill can be swapped for five 20 dollar bills and still hold the same value, which means a 100 dollar bill is a fungible token.
If this 100 dollar bill is signed by Banksy, it becomes totally unique and no longer simply worth five 20 dollar bills. It's become Non-Fungible
Hidden within NFT art is a totally unique and non-interchangeable unit of data stored on a digital ledger that uses blockchain technology to establish proof of ownership and uniqueness. NFTs are collectable digital pieces of art that hold value, just like how physical art holds value, so does NFT art.
NFT art are unique pieces of digital art, secured with use of blockchain technology and which are generally bought and traded with cryptocurrency.
Just like if you were to visit a Possum Valley stall or event, and purchase one of our amazing prints, photographs or artworks in a physical form, you can visit an online store and purchase unique NFT art in a digital form and with use of crypto currency. All proceeds from which go directly to helping animals in need.
If you would like something even more special and unique, whether for yourself or as a gift, consider a custom NFT featuring your favourite Valley resident. Your custom NFT will be based on a high resolution image, taken exclusively for you and converted into the style of one of our collections. Hidden within the NFT will be the original image, all other copies will be deleted, making it exclusively yours in every way. Make physical prints to display in your home, trade it, give it away or just enjoy it in digital form. It's yours exclusively, to do with as you wish. Custom NFT requests can be emailed to firstname.lastname@example.org.