What Is the Purpose of NFTS?

All artists and creators can now easily display and monetize their work. Artists can sell their work directly as an NFT to a consumer and make a profit; This leads to less dependence on traditional art galleries and auctions Royalties can be included, which means that each time their NFT is sold, the artist can receive a certain percentage of the price at which the consumer decides to resell it. Royalties are paid to the original artist each time the NFT moves from consumer to consumer. If their art were sold in the traditional way, the revenue from secondary sales would not occur, making NFTs particularly beneficial to creators NFTs ensure ownership of a digital object, thanks to the blockchain.