Non Fungible Tokens (NFT) are “ten times better” than traditional artworks, said Beeple’s $69 million NFT buyer MetaKovan.
MetaKovan went over the reasons behind his purchase in an exclusive interview. Most notably, he mentioned that NFTs have a number of benefits over traditional artworks.
Firstly, NFT’s are easy to transfer. They don’t have any storage costs, and their ownership can be shared. In addition to that, he said that they can “democratize” the art world. It will become more easily accessible to digital artists globally, without regard to their nationality or social background.
MetaKovan also added that …
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Source: Cryptocurrency - investing.com
