Name of Piece: "All Eyes are on You"
Artist: Numeris
Medium: Digital Photo
Blockchain: Ethereum
Number of Copies: 1
Price in ETH: 2

NFT stands for non-fungible token. Simply put, it is a digital token that exists on the blockchain to record proof of ownership for the person holding it. Each token is completely unique because it has its own unique metadata which can NEVER be replicated or replaced for another.

An example to better understand this is: bitcoin is a fungible token, and each bitcoin has the same value. However, imagine you’re trading NFT collectibles such as Krypto Kitties. One KryptoKitty NFT will have completely different traits and value to another.

A real-life example of this would be: A dollar is a dollar. It is fungible. A plane ticket on the other hand, is non-fungible. Each plane ticket has different information and characteristics and can’t be swapped with another.

NFTs can be anything digital. Literally anything can be tokenized, including a photograph which is special to you, one of your tweets, or a two second video of yourself (yes, there are such NFTs). This is a developing market that is already seeing billions of dollars trade hands and many people are purchasing NFT's then they are subsequently resold many times for increasing profits.

This auction is for "All Eyes are on You" - the photograph represented as a digital image here. The winner will receive the original image transferred to their Ethereum wallet (we can help with this if the buyer is inexperienced). This NFT can be held, traded or sold. Our estimates on NFT's for auction are based on the last known price a piece of NFT artwork traded for - or another way to say this: it's most recent sale or list price. Since most NFT's are priced in digital currency, such as this one in Ethereum, we have converted it to USD, and we are using $3000 as a reference price for each Ethereum (ETH) token. You may always check the current price of Ethereum online for a more accurate estimate.

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