Collins Dictionary announced that its Word of the Year 2021 was Non Fungible Token. The new phenomenon of 2024 will be Non Fungible Brick®.
A non-fungible brick(NFB®) is a digital asset that represents a unique position or location on a wall of NFBs. Every NFB is unique to that wall, there can only be a single NFB in each location on each wall.
A digital wall built of non-fungible bricks is a wall containing rows and columns of NFBs. Each wall has a maximum number of NFBs maintaining the individual NFB values and creating supply and demand. Each ArtNFB wall represents ownership of the art work on the wall and as described.
An NFB permanently represents a fraction of the ownership of the artwork. The NFB is an investment that can be resold at any time.
Like many things in this world, such as property or artwork, the value of an NFB is in the eye of the beholder.
NFBs can be bought and sold. Their value is maintained by their uniqueness, there are only a pre determined number of bricks in each ArtNFB wall.
Media Bricks control the registered trademarks of non fungible bricks and NFBs, maintaining and increasing the value of these digital assets. NFBs on our ArtNFB walls are therefore desirable and exclusive, maintaining authenticity and value for their owner, becoming collectible and enviable assets. If you are considering purchasing ArtNFBs, you must ensure that the walls are built by Media Bricks Ltd on the ArtNFB platform.