📸NFT Photography |📰Weekly NFT News Recap | NFT-BYTES #04

All About NFTs

Welcome to our Weekly NFT Bytes highlighting key happenings around NFT art, collectibles, photography, and more.

#NFTPhotography 📸

NFTs are being used for so many purposes but what sparks up the craziness behind these tokens is mostly digital art and collectibles. These digital artworks have a significant monetary value because of their uniqueness. They offer a wide range of possibilities for buyers, artists, and collectors in contemporary art. 

Talking about NFT Photography, you have the power to tokenize a photograph and if you own this token, it simply means that you own the photograph. However, people can still look at it, take pictures of it but the important thing to know is that the owner would only be you. In the NFT marketplace, there can only be a single owner. 

The buyer of the NFT digital work of art only gets the certificate that is issued by the creator of this work certifying that he is the buyer. 

You might be thinking, is there a market for photography? 

The answer is a big fat yes. If we have to name one of the biggest NFT marketplaces, OpenSea seals the deal for us. It is a non-fungible token (NFT) marketplace for buying, selling, and trading NFTs. Being the first and the largest NFT marketplace, you can find all sorts of unique digital items on it. Other than that, you may also find collectibles, game items, domain names, and even digital representations of physical assets. 

Along with OpenSea, Foundation.io and Superrare have also opened opportunities for Photographers in the NFT space.

Did you know?

From the Bored Ape Yacht Club to CryptoPunks, millions and even billions of dollars are exchanging hands or wallets on a daily basis. Unbelievable, isn't it? 

Photography is the most popular form of art. Research says that there were around 3.5 Billion Smartphones in the year 2020, and almost everyone takes pictures with them. 

We live in a world of social media. It allows us to showcase a huge amount of photographs. Therefore, people are used to seeing photographs on screen. By all the information shared above, it is evident that NFTs and Photographs work very well together. 

We know that the industry is changing rapidly day by day. But the most expensive NFT that has been sold until now belongs to an American artist, Mike Winkelmann's digital collage 'Everydays, The First 5000 Days’. It is considered to be one of the most spectacular artworks of all time consisting of drawings and animations produced daily for about 5000 days in a row. Someone pinch me! This art was sold in Christie's auction for about $69.3 million.

You may have heard of the super talented photographer Cath Simard. Cath Simard is a digital artist and an amazing photographer. Her portfolio is just wow! We all know that good photography does not just happen. One must have an artistic eye and know what it takes to capture a worthwhile photograph. From her work, you can surely see her passion.  

In 2017, the Canadian photographer, Cath Simard clicked a picture of an empty road on a Hawaiian Island and posted it on her Instagram account. She had no idea that her picture could go so viral and people would go nuts reposting it on their feeds. Four years later, Cath Simard took control of her work by selling this photograph as an NFT for 100 ETH $301,113.00. The project was called #FreeHawaiPhoto. 

Next, let's talk about the award-winning Marcel Strelow. He is a German Nature and Landscape Photographer. He has won the National Geographic Travel Photo Contest Award (Bioluminescence). The themes of his photographs have been natural landscapes, cityscapes, architecture, and natural phenomena. Strelow is famous for his bioluminescence work. His work has been published by National Geographic, Lonely Planet, ND Awards, digitalPHOTO and many newspapers. Check out his Instagram profile for more collections.

Last but not the least, Win Magsino, a professional landscape and commercial photographer from Manila, Philippines. Win has won numerous photography awards from National Geographic, Skylum, WPPI, and other organizations. He is also an official Fuji X-Photographer. He is a brand ambassador to Fujifilm Philippines, Skylum Software, NiSi Filters Philippines, and Your Shot National Geographic Contributor. 

Unquestionably, he has earned his rightful spot in the world of photography. 

The link to his Instagram profile is here. Check these out. Go follow! 

NFT News📝

💥Big B becomes the first Indian celeb to launch his own NFT @amitabhbachchan💥 McDonald's China to give away 188 NFTs on 31st anniversary💥Bored Ape Club @boredapeyachtclub lunching their token in 2022💥 According to data from market tracker @dappradar, sales volume of NFTs in the third quarter of 2021 surpassed $10 billion.💥 The creator of the Evolved Apes NFTs, Evil Ape, appears to have stolen $2.7 million in ETH from investors. The person’s Twitter account and website have both been taken down.💥 @Microsoft to Offer NFTs at Windows 11 Launch

Thanks for reading! Have a great day 😎