NFT non-fungible token
- CQ Commerce
- May 28, 2022
- 1 min read
Updated: Sep 11, 2022
The definition of a NFT is: Non-fungible token. Just some fancy word that means that the item cannot be duplicated because it has a special code. Same kind of code that's been used for cryptocurrencies like bitcoin, ethereum, dogecoin etc. So, this is a way of registering a one-of-a-kind image, video, or any form of digital or physical item on the blockchain(*see blockchain post).
By registering items on the blockchain owners can;
- Prove that they are the owner of the original item (Special code )
- Items cannot be duplicated
- Items can be sold or re-sold
- Creators can earn a commision everytime the item is re-sold
This is great news for artist, musicians, comedians and other entrepeneurs. Every maker has the right to earn a commision everytime his/her work is being purchased. This is now possible through the blockchain technology.
STRAATTIE is bringing streetwords (dutch-edition) in digital art form and combining this with the hiphop culture and music.
Below you will find two of our own NFTs:

Fatoe
Meaning joke in the streetz of the Netherlands.

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