Holo-NFT is an Augmented Reality NFT artwork displayed in a holographic environment. The experience of seeing Holo-NFT artworks are so immersive and can give the sense of realism as if the artworks exist in front of you. This is made possible by the Desktop Augmented Reality (AR) technology.
What is Desktop AR?
The Desktop AR is an augmented reality system that turns an ordinary 2D monitor into a volumetric display. It brings virtual objects into the real-world using a webcam and anaglyph glasses. The Desktop AR works by tracking the user's viewing positions using a webcam and then the head positions are used to adjust the virtual cameras to render 3D images according to the user's viewing positions. Therefore, the users can see around 3D objects in various angles as if the objects are floating in front of the users.
The Desktop AR technology allows you to experience NFT artworks as if you are there at the gallery at the comfort of your home computers. The NFT artworks are unique in the sense that the artworks are holographic, not limited to 2D artworks as we are used to. This uniqueness presents Holo-NFT artworks an opportunity to be one the most popular collectibles in the NFT marketplace.
What is NFT?
NFTs are "one-of-a-kind" assets in the digital world that can be bought and sold like any other piece of property. However, they have no tangible form of their own. The digital tokens can be thought of as certificates of ownership for virtual or physical assets. With NFTs, artwork can be "tokenised" to create a digital certificate of ownership that can be bought and sold, and the record of owners is stored on a shared ledger known as the blockchain. The records cannot be forged because the ledger is maintained by thousands of computers around the world.
NFTs can contain smart contracts that can give the artist, for example, a cut of any future sale of the token. Although, there is nothing to stop duplication of the digital works, in many cases, the artist even retains the copyright ownership of their work. However, the buyer of the NFT owns a "token" that proves they own the "original" work. This can be compared as buying an autographed print. The privilege of owning the "original" works can be worth millions as seen in Beeple's art recently sold for $69m, even though the image has been copied and shared countless times.