With our NFT Photo Booth, event guests can create an everlasting non-fungible token (NFT) with the photo, video or GIF taken using our photo booth!
Our NFT minting system allows us to turn any photo, GIF, or video into an NFT. Basically if you own an NFT, it means you have digital proof that item is the only 1 of 1 version in existence.
What’s an NFT?
A non-fungible token (NFT) is a digital asset that represents ownership of a unique item or concept. NFTs are unique digital assets that are stored on a blockchain, a distributed ledger technology that is used to record transactions across many computers. Since they are stored on a blockchain, NFTs are considered to be a type of cryptocurrency. They are unique because they cannot be exchanged for other tokens on a one-to-one basis. This means that if you own an NFT, you are the only person who owns that specific NFT, and it cannot be replaced with another token.
NFTs can represent a wide range of assets, including art, collectibles, and even virtual real estate. Using our NFT photo booth, guests could take a photo, video or gif of themselves and minting that as an NFT would represent ownership of the digital art. The guest who owns the NFT would have verifiable proof that they own that specific digital piece.