Pretty Smart Art NFTs are a new intertwined art collection of beautiful, brainy women. These are not your typical Sugarluxe girls next door because they will live (and dance the night away) on the Ethereum blockchain.
But what is NFT art?
Non-fungible tokens (NFTs) are crypto tokens that represent information of unique or rare digital and real-world assets. The most popular form of NFT is art. Artists can sell their work in the form of these unique assets.
But to understand NFTs, it’s important to know just a little bit about the basics of cryptocurrency.
Fungible vs. Non-Fungible | What’s the Difference?
For instance: Crypto tokens – you’ve probably already heard of cryptocurrencies like Bitcoin (BTC) and Ether (ETH) – and fiat currencies like the dollar and euro are fungible tokens. You can have one ETH and exchange it for any other ETH, or you can exchange $1 USD bill with any other $1 USD bill.
Conversely, a non-fungible asset refers to something of a distinct value. There are no two exactly the same. A good example of a non-fungible asset is a house or a car.
A non-fungible token is where things get really interesting.