Breaking Down the NFT Craze: Linking the Digital to the Physical

What are NFTs?

The most expensive NFT was sold for $69.3M. The artwork is named ‘’Everydays: the first 5000 days’’ a compilation of 5000 digital images.

NFTs can be used to represent items such as photos, videos, audio, and other types of digital files. Source: Mundissima / Shutterstock.com

Linking NFTs back to the physical

A non-fungible token is a unique, irreplaceable digital asset verified using blockchain technology. It cannot be replicated and is used to certify authenticity and ownership.

CryptoPunks and CryptoKitties were some of the first NFTs. Today, the most expensive CryptoKitties token sells for $100,000+ and CryptoPunks for $1M+. Source: Rokas Tenys / Shutterstock.com

How Veracity Protocol can help

Veracity Protocol enables any camera to create a tamper-proof Physical Code™ based on an item’s material structure. This secures its authenticity, identity, and security — without special hardware, embedded tags, chips, or markers.

Our Physical Code™ is a non-invasive and tamper-proof solution to represent an item’s unique material structure.

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