NFT definition
An NFT, or “Non-Fungible Token”, is a form of crypto-asset used to represent ownership or proof of authenticity of a unique object or work. Unlike cryptocurrencies such as Bitcoin, which are fungible and can be traded on an equal basis, each NFT is unique and can be differentiated from others.
The main purpose of NFTs is to guarantee the ownership and authenticity of digital works. They play an essential role in preserving the value of digital creations, as they enable the authenticity and ownership of a work to be attested. They also represent a new form of monetization for creators.
The benefits of NFTs on GAIAR
On GAIAR, NFTs play a key role in content and license management. With GAIAR, you can buy, sell and create NFTs of collectible works. These NFTs can be combined with your content launch campaigns to build loyalty and reward your audience.
NFTs on GAIAR are not limited to collectible artworks. You can also create license NFTs. These NFTs allow you to lease the use of your works to third parties for a defined period. This means that you can monetize your works on an ongoing basis without having to permanently transfer your ownership rights.
What’s more, GAIAR has its own NFT marketplace. You can sell your NFTs directly on GAIAR, simplifying the sales process and giving your works greater visibility.
In short, NFTs on GAIAR offer a new dimension to content management and monetization. Not only do they guarantee the ownership and authenticity of works, they also open up new avenues of monetization and reward for creators.
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