Tokyo launches first crypto art exhibition with tattoos, NFTs

Tokyo launches first crypto art exhibition with tattoos, NFTs

With the rise of cryptocurrencies and non-fungible tokens NFT opening new avenues for artists to make their living, it was inevitable that art exhibitions based on digital advances would become a thing. Tokyo-based tattoo artist Ichi Hatano saw an opportunity to cut his losses from his dwindling pandemic-struck business by bringing the modern concept to his hometown for Tokyo’s first crypto art exhibition.

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Exploring CrypTOKYO, first physical NFT art exhibition of Tokyo

Exploring CrypTOKYO, first physical NFT art exhibition of Tokyo

When will art make you money? When pigs fly. However, NFT art seems to be making money and the pig mascot of the GrowYourBase NFT membership site has wings. Blockchain Art Exchange (BAE), a leading NFT marketplace, has partnered with GrowYourBase (GYB) to curate Japan’s first physical NFT exhibition, with sponsorship from Metapurse.

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Owning an NFT by getting an original code digitally

Owning an NFT by getting an original code digitally

The word token, as it is known, refers to a currency on the blockchain. However, while these currencies (cryptocurrencies such as Ethereum or Bitcoin) can be exchanged, NFT cannot. A one-of-a-kind digital asset with “non-replaceable” or “non-redeemable” features that is owned exclusively by its owner. A unique identifier that can prove ownership of digital products.

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Will blockchain really take control from central authority?

Will blockchain really take control from central authority?

The expansion of the limited possibilities offered by the internet at the beginning and its becoming an “indispensable” part of daily life have changed many things in human relations and social life. For example, real friendships have turned into virtual friendships with Facebook and similar platforms.

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