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What is NFT?

By Sviatoslav Golov on 30.12.2022

NFT images accessible right on the TV screen

Nowadays it’s hard to find somebody who haven’t heard about NFT. Yet many still believe that it’s merely “a small picture that God knows why costs a lot of money.” The truth is that NFT has really helped bring the art to a whole new level. Below we offer you answers to the questions of why NFT platforms are getting more and more popular and how you can enjoy digital works of art in top quality.

So what is NFT anyway?

NFT (non-fungible token) is a special type of cryptocurrency, a unit of data in a digital ledger (blockchain), representing a unique asset. To put it into simple words, it’s a “tag” added to a digital object (image, photo, audio track, tweet, meme, text message, etc.) certifying its uniqueness.

Що таке NFT?Works can be posted and sold on NFT platforms. Any such platform represents an online museum of sorts, where anyone can view art collections, with each work having its identified owner. NFT has seen some incredibly swift development: Jack Dorsey, a co-founder of Twitter, sold his first tweet for $2.9 million dollars. Even children and teenagers can make money with NFT: 14-year-old schoolgirl Abigail from the USA in just one day earned $1 million dollars by creating and selling a collection of images of whales. One of the most expensive works, Everyday: the First 5000 Days, a collage of NFT images, was sold at an auction for a record breaking $69.3 million dollars!

The future belongs to digital art

The rise of NFTs opened up a new window of opportunities both for artists and collectors. Creators now can easily display their works and make them available to vast numbers of people. And there’s more, because the artists can also stop worrying about intellectual property rights: everyone can appreciate their work, but they remain the owners having no fear that their art might be stolen.

The same goes about the other group, the enjoyers of art, since with the NFT platforms, they now have a new way to look for interesting artists and works. It’s no longer a question of taking the time and going to museums, exhibitions, or auctions: all you have to do is go to an online platform and in an instant start viewing hundreds and thousands of works of art. And it is so convenient, because you can search for any piece of art by a specific topic (nature, portraits, food, expression, etc.).

How can TVs come in handy with NFT?

The development of digital worlds inspired the people at Gazer, a brand from the UK, to create METASMART TV. Their new TVs make possible instant and easy access to the Metaverse and support NFT platforms. So what does it mean?

You can open an NFT platform right on the TV and savor the max quality image (sized 1800*1800). Imagine this: with a few pressings of a button, that “small picture that God knows why costs a lot of money” becomes a full-fledged online picture! Now your TV also transforms into a functional unit of interior design. Whether it’s browsing through the image gallery or setting your favorite picture as a screensaver, you can enjoy the beauty right at home!

What’s more, you can delight in your purchased NFTs on a big screen every day or you can invite your friends to an evening of art and let them study your NFT collection in detail.

And this is no longer a story from the distant future. With Gazer it’s right within your arm’s reach.

Posted in Blog, News.
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  • METASMART TV
    • METASMART TV
    • live edition
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    • multicontrol remote
  • METASMART CAR
    • Multimedia interfaces M70
    • Multimedia systems M8
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    • Dashcameras
    • In dash navigation receivers
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