MetaWorks Platforms Inc MWRK

Currencyworks Bringing Out The Value of NFT art

[Edwardo]

Non-fungible tokens create opportunities for new business models that didn’t exist before. Artists can attach stipulations to an NFT that ensures they get some of the proceeds every time it gets resold, meaning they benefit if their work increases in value. Admittedly football teams have been using similar contractual clauses when selling on players for a while, but NFTs remove the need to track an asset’s progress and enforce such entitlements on each sale. New and latest development platforms brought by Currencyworks bring into reality the benefits of the art and technology to both artists in the music  and creative industry  as well as to investors. They are also able to demonstrate in a really simple way that they own digital works, this happens as the blockchain technology ensuresthe ownership of every of each art is authentic. Ventures involving NFT and use of blockchain technology are likely to boom with the growing demand of NFTs and many investors in tech-based stocks.