A Non-Fungible Token “NFT” was recently minted on the Pecu Novus Blockchain of an original piece of artwork by Louis Velazquez. This artwork is titled “Greed is Good”. The artwork is 11×14″.
This NFT is not being auctioned or marketed to sell currently, it’s being showcased as part of the FortisAB Marketplace Art Showcase is a virtual gallery which will allow various artist to showcase their original work and allow art collectors to connect with them for commissioned work, offer to buy their current work and more.
For reference NFT’s minted on the Pecu Novus Blockchain usually come with have certain rights as far as reprints and commercial distribution in a partnership with the creator. The collaboration between the buyer and creator will be able to create value over time or in most cases it is held as a collectible.