An NFT is a digital asset that represents real-world objects like art, music, in-game items and videos. NFT is short for "non-fungible token". In simple terms, it means that it does not have interchangeable units like currency. For example, a ten dollar bill is equivalent in value to two five dollar bills. But the value of two small paintings has no relationship to the value of one larger painting. If we apply this analogy to cryptocurrency, the coins are like the dollars and NFTs are like the paintings.
We now offer the choice to pay with US dollars or Solana (cryptocurrency). Paying with USD works just like any other online purchase. For paying with Solana, check out our beginner's guide.
Just like any other tattoo. Nothing about that process changes. Contact the artist or shop to schedule an appointment. Keep in mind that you own the rights to the tattoo, but the work to apply it to your body is a separate matter to be discussed with the artist. Some artists may also choose to offer additional exclusive benefits to the owners of their NFTs.
No. The reason it cannot work this way is because many factors determine the effort and price of applying a tattoo, such as the size and placement on your body. Different artists also price their time very differently. It would be like selling a sculpture that includes the price of installation before knowing the buyer or location.
The tattoo NFTs offered by Ink Blocks are not just decorative art or collectible novelties generated by algorithms. They’re one-of-a-kind tattoos by real tattooers. What you do with them is up to you. For example, you could schedule an appointment to have it applied on your body. Or, you might gift it to a friend.
There are many good answers to this question. To begin, it's a great way to work with tattoo artists from all over the world because it sepearates the art from the logistics of the application. You can buy any tattoo NFT you like, and then separately make arrangements to have it applied whenever the timing makes sense for you. Or you could also change your mind and sell the tattoo to someone else. This is an exciting evolution for the tattoo industry. Also, like any collectable item, the value may increase over time. [Legally required disclaimer: We cannot see into the future or guarantee that a purchased NFT tattoo will appreciate in value.]
They are!
Instead of selling their time, NFTs make it possible for artists to sell the value of their work. Applying a tattoo to someone's skin is also a valuable and important skill. So is watercolor painting. But we don't price paintings based on the duration of the artist's process. No other art is priced this way.
Unlike a tattoo inked in your skin, a tattoo NFTs has independent value, and so it can be bought and sold. Until recently, "collecting tattoos" could only mean lots of tattoos applied to your skin. The significance of the tattoo experience remains unchanged. Tattoo NFTs simply offer additional options for collectors to acquire or trade this type of art.
There are several reasons why we are focused on Solana. One reason is that Ethereum transaction fees have become extremely high, sometimes as high as $1000USD on top of your actual purchase price. Also, minting Ethereum NFTs requires an enormous amount of electricity (equivalent to multiple days of an entire average US household), which feels irresponsible to us.
It depends on which blockhain we are talking about! There is a growing understanding of the tremendous amount of energy required to mint NFTs on the popular Ethereum blockchain. Minting an NFT on Ethereum requires somewhere between 48-70kWh, which is roughly equivalent to the amount of energy used in 2-3 days by an average US household. That's a lot! This is a result of the way that older blockchains validate transactions. INKBLOCKs are minted on Solana, which is a much newer blockchain. Solana uses a completely different validation strategy which uses only a tiny amount of energy. Unlike Ethereum, a Solana transaction uses approximately the same amount of energy as a Google search. Check out the environmental impact study for more details. In addition to being environmentally friendly, its transactions are very fast!
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