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Caring for Local Artwork with Blockchain

Monday, December 6, 2021 – 05:26 WIB

VIVA – Despite being globally popular, the existence of Non-Fungible Token (NFT) sounds foreign to some Indonesians. In fact, NFT has a big role to play in increasing the value of various works of artists artist.

Superlative Secret Society, a newcomer to the world of cryptocurrency or cryptocurrency native to Indonesia, officially introduced himself directly to the 2021 Urban Sneaker Society activities.

Technically, NFTs are digital assets that represent real objects such as artworks or characters found in games and videos.

In simple language, NFT converts digital assets and other types of collectibles into a one-of-a-kind, so that the artwork can be verified as authentic and easily traded through Blockchain.

That is, buying and selling digital assets through NFT using cryptocurrency which in the end can still be converted into conventional currency.

For each work of art, there is only one NFT and this is indicated by a unique identity code. With this way of working, NFT can function as a marker of the originality of a work.

On the other hand, the works of Indonesian artists are often underestimated. Even if they get recognition, their masterpieces are easily hijacked or duplicated by irresponsible people.

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