NFT Paintings is an exciting platform that offers customers the opportunity to purchase pieces of art that are also cryptocurrency. The company has also created a virtual NFT gallery where people can browse various collections and choose the most attractive creations. In addition to the good opportunity to acquire something wonderful, this platform allows users to invest money wisely.
More and more people see art as a great business opportunity. Investing in non-fungible tokens has already proven to be lucrative. Paintings like “Wymiana” or “Salvator Mundi” are worth billions of dollars. In addition, its value is constantly increasing.
The Defi world offers users ways to earn money that were incomprehensible decades ago. But now it is our new reality. Investors can make money simply by owning a digital painting and earn other benefits in the process. Each piece of art is unique, which is true of digital pieces. Each NFT is unique. And the creators make sure they stay that way by using high-level security measures. That is what the blockchain is known for, after all.
NFT Paintings is one of the first companies in the world to offer unique opportunities when it comes to investing in valuable paintings. While it is not the first to try to provide such a service, other companies have faced many obstacles along the way. One of them is credibility. Many homeowners had to wonder if the painting hanging over the fireplace or found in the attic was a lost work by Claude Monet or simply a memento from a trip abroad.
Also, the previous owner sold “Salvator Mundi” for less than $1,000, but now its value is over $450 million. Sometimes both collectors and art examiners need help in determining whether or not a painting is authentic.
What are the other problems facing the industry?
Authenticity is another big issue. And what about the price? How can we make sure the part is worth the asking price? It all depends on expert assessments, but not all of them are sincere. Also, high-priced artwork always attracts scammers. For example, the value of Picasso’s painting – „Les Femmes d’Alger” is 180 million dollars. Scammers often try to create good copies and sell them as originals. History knows many such cases where the copies were made so well that even professional examiners could not determine whether they were made.
However, there are easier ways for white-collar criminals to sell copies of famous works of art. They usually create a fake and then fake experience and a certificate of authenticity. Such documents can net the scammer a fortune while the buyer suffers a gigantic loss. And while most avid collectors know the ins and outs of the art world, not all investors or art lovers are as well informed. Such buyers can easily become victims of scams.
In addition, the prices of paintings are constantly increasing. That means the threat from dishonest sellers is growing as investors stand to lose much more. However, NFT Paintings aims to prevent that. This company offers customers the opportunity to purchase works of art whose authenticity is confirmed by non-fungible digital tokens.
How does the NFT token work?
NFTs or non-fungible tokens represent various pieces of art or other digital collectibles. Each NFT is unique, with no duplicates. It is unique and is protected with blockchain technology to guarantee its authenticity.
NFTs can represent a number of things, including a racehorse, vintage car, or painted piece of art. A non-fungible token means only one specific thing. For example, although many pairs of gloves are made, a plaster cast of your hand will always reflect only your hand. NFTs work in a similar way.
Investors view these tokens as “digital assets”, but they are represented as a sequence of characters in the physical world. Although NFTs are not exactly cryptocurrencies, they work in a similar way. They are solutions created in blockchain technology, but each token is unique, unlike cryptos. Traders can exchange one BTC for another, and such a transaction will be fair with no gain or loss. However, that is different in the case of NFTs, except when the tokens have the same value. But even then, the pieces represented by these tiles will be different.
In addition to being unique, non-fungible tokens have other advantages. Until now, blockchain is the only technology known to humans that cannot be counterfeited or changed. Its security is superior to all other systems. The government, hackers, or anyone else simply cannot control your distributed database. That means that the NFT token is the only one in the world that offers a 100% guarantee that it is original. It is not modifiable and cannot be copied.
What about the Ico sale of the NFTPT token?
Most Defi platforms rely on investor funds for development. NFT Paintings is no exception. Your team has high aspirations, but the company needs to first develop its platform to achieve its goals. In addition, its goal is to attract many customers and become one of the most popular virtual galleries in the world. The company decided to offer customers its own native utility token, NFTPT, which will provide its owners with several advantages.
The team launched the ICO sale on January 16, 2023. It will end on January 17, 2023. NFTPT is a BEP-20 token. It will be priced at USD 0.002 during the initial coin offering. The platform is aiming to raise $50,000 at this stage. While the total supply of tokens is 100,000,000,000, only 25% is available for purchase at this stage. NFT Paintings accepts USDT in exchange for their native currencies.
The company aims to lead the way and create opportunities for all who wish to acquire valuable works of art. The team works hard to create a market. Soon he will introduce digital paintings in his art gallery. Thanks to this platform, collectors can become owners of the best-known works of art exhibited in the most prestigious museums.
Furthermore, clients can be sure that each piece represented in the gallery has received confirmation of authenticity in the form of a non-fungible digital token. As such, the certificates are based on the most advanced cryptographic mechanisms, which means that the artworks are 100% authentic.
