Chances are you have heard of an NFT before, but do you understand what it is? NFT stands for non-fungible token, and it is a digital asset that is safely stored on the blockchain. The implication behind this development is that nobody can destroy or replicate your creation once it’s on the blockchain. Therefore, NFTs provide a secure certificate of ownership over a digital asset, protecting its value. This generates scarcity surrounding your asset causing it to appreciate. Most commonly NFTs are associated with easily reproducible items such as photos, videos, and audio.
Since the release of this newly profound technology many artists have dove headfirst into this space, taking full advantage of this concept. In just 10 days the world will be introduced to the most prolific NFT drop thus far. The Lucky Elephant Club. The Lucky Elephant Club has been working diligently over the past few months with the best artist in this space to bring the rarest digital art to the world. They pride themselves on creating the most authentic and unique artwork yet.
The Lucky Elephant Club intends to serve its earliest buyers with multiple different prize-winning opportunities. They will be giving away $1,000,000 in cash, and $250,000 worth on their own NFTs. As the world of art changes hands from physical to digital you do not want to be on the outside looking in. The Lucky Elephant Club has already created quite the controversy surrounding their project when they released their dicey promo video. With the hype building, make sure you do not miss out on this opportunity. For more information regarding the Lucky Elephant Club go to the link below.