What Are NFT's?

TABUART and the Ethereum Blockchain

The Ethereum blockchain simply helps issue and track NFT’s which are like certificates of authenticity that are permanently recorded on the blockchain. TABUART uses the blockchain to issue out nft’s that represent rare limited edition digital art prints. For example, One NFT represents one digital art print. For more information about NFT’s see below.


Verification on Blockchain

Ethereium Blockchain allows you to Verify authenticity, track provenance, and prove ownership. TABUART issues a digitally signed, blockchain-secured Certificate of Registration accessible in your private, encrypted Collector’s Vault. Learn more information about the Ethereum Blockchain here

6 Reasons NFT Art is Rapidly Growing on a Global Scale.



Identity on Blockchain

Blockchain lets you purchase art anonymously on TABUART and catalogue your entire collection, in your Collectors vault. You are never publicly listed as the owner of the artwork, you remain completely anonymous. You’re able to use your Certificate as anonymous evidence of ownership during transactions.

 

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  • Social
  • Record Keeping
  • Proof of Funds
  • Trust and Transparency
  • Ensure Authenticity
  • No Middleman
  • Photo Credit - Denys Nevozhai / modified

TABUART gives Creators 15% Royalties

Creators selling on TABUART will receive 15% in royalties each time their artwork is resold.

For example, let's say a Creator makes 50 NFT art prints and an art Collector purchases one of the 50. The Art Collector can at any time after they’ve purchased the NFT art print, turn around and resell it. Once it resells, the Creator will receive 15% of the net resell price.

  • Photo Credit - Alexandru Acea / modified
Artist Royalties

 

 

 

 

 

Resell NFT Artwork from Your Collectors Vault

Rare Digital Limited Editions art prints (NFT's) on Ethereum blockchain allows the Collector to resell NFT art they've purchased, within the TABUART community. You can relist it for sale any time after you've purchased your Rare NFT art.

 

Virtual Art Museum
  • Photo Credit - Olga Serjantu / modified

NFT Art on the Etherium Blockchain.

TABUART utilizes blockchain technology to enable Creators to sell NFT's. Creators and Collectors can set their own price.

Setting your own prices applies to Creators as well as Art Collectors. You choose what you believe your NFT artwork is worth.

Global Network

The TABUART Community is growing every day. Being apart of TABUART gives you market access to a global network of artists and art collectors. Blockchain technology gives Artists and Art Collectors from around the world, the ability to join the TABUART community.

 

Learn More

TABU NFT


While Blockchain art has been around for a few years it has exploded the last 6 months and gained a lot of notoriety with some blockchain art selling for millions of dollars.

With regards to blockchain, it simply helps issue and track NFT’s which are like certificates of authenticity that are permanently recorded on the blockchain. We use the blockchain to issue out nft’s that represent rare limited edition digital art prints. For example, One NFT represents one digital art print.

What is an NFT? An NFT stands for Non Fungible Token.

So to start with if something is fungible, it is mutually exchangeable. To be clear, it can be exchanged like-for-like with an identical item. Two good examples of fungible assets are US dollars and Euros. Bitcoin is a fungible asset because each bitcoin is interchangeable with another. They are identical

Therefore, if something is Non-Fungible, it is the opposite. Non-fungible goods are truly unique.

A good example of this would be a Limited Edition Collectable Item, such as a figurine, baseball card or in our case Limited Edition art print. There is nothing it can be interchanged with on a like-for-like basis. It has its own unique properties, including how many were produced, how well it’s been taken care of, the year it was made, and it’s value overall.

TABU Art NFT

A good example of this would be a Limited Edition Collectable Item, such as a figurine, baseball card or in our case Limited Edition art print. There is nothing it can be interchanged with on a like-for-like basis. It has its own unique properties, including how many were produced, how well it’s been taken care of, the year it was made, and it’s value overall.

Non-fungible tokens are truly unique digital assets. They simply use the blockchain to issue and track immutable digital goods.

certificate of authenticity

Ownership of an NFT

NFTs are transforming our concept of what the authenticity of ownership really means. The ownership of an NFT is permanently recorded on the blockchain. NFT tokens cannot be duplicated, reproduced, or exchanged.

Transferability of NFT’s

NFTs are instantly transferrable. Meaning they can be bought and sold quickly and easily on an increasing number of secondary markets.

However, With TABU NFT’s, in order to help protect the Creator’s artwork from theft our NFT’s are instantly transferable only within tabuart.com. Since this is a digital medium that can only be viewed on a digital screen, we don’t believe it’s necessary to put the Creator’s art at risk of being stolen.

We have the capability to have our NFT’s work on secondary markets, and eventually plan to offer that option of being completely decentralized for creators who are ok with that risk.

Yet, we believe full decentralization and the downloading of the Creator’s high resolution artwork, compromises the security of the Creator’s digital art. As a result, putting them at high risk of someone stealing their high resolution art. In addition to all of that, the creator would not be guaranteed royalties.

So while TABU NFT’s are instantly transferable as well, they're in a sense more valuable since they can not be traded on secondary markets yet. In order to protect the CREATOR’s artwork.

Authenticity of NFT’s

Since NFTs are based on blockchain technology, they cannot be counterfeited. Providing a concrete way to overcome a long-standing problem that has plagued the antique and collectible industries.

When you buy expensive physical goods, they often come with a certificate of authenticity. An NFT inherently comes with such a certificate.

As a result, this gives Art Collectors the confidence that they are getting exactly what they paid for.

In short, one NFT represents one rare digital Limited NFT art print. (Learn More)

What are TABUART's Artwork Badges?

TABUART has 2 different badges that signify what type of art you're purchasing. Once the art is purchased the badge for the type of art you bought will be on the Certificate of Authenticity (your provenence data for the art).

Limited TABUART NFT Badge

The "Limited TABU NFT" badge represents an NFT. NFT's are any work of art that are minted as a TABU NFT. NFT's are designed for up to 8K resolution and as high as 16K resolution.

 

limited edition tabu art nft
Edition Badge Legend

Want to Know More about TABUART?

Visit our Learning Center to see frequently asked questions.


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