Photographers for Ukraine: Joining the NFT Trend

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Etudes Tableau n. 10 by Eduardo Fujii is part of Photographers for Ukraine campaign

Études Tableaux 10, 2017

At the end of March 2022, YourDailyPhotograph.com spearheaded a fundraising campaign, Photographers for Ukraine, to help Ukrainian victims of the ongoing conflict with Russia. Out of one thousand submissions, an expert team of curators selected only forty photographers to participate. Contributing artists donated one image each for sale as Non-fungible tokens (NFT). 100% of sales proceeds goes to Ukraine for food, housing and assistance. I am honored to have my image Études Tableaux n. 10 selected to be part of this noble endeavor.



What is an NFT?

According to the Ethereum website, "NFTs are tokens that we can use to represent ownership of unique items. They can only have one official owner at a time and they're secured by the Ethereum blockchain – no one can modify the record of ownership or copy/paste a new NFT into existence."

The uniqueness of NFTs is what makes them non-fungible as opposed to fungible items like the U.S. dollar. A dollar bill can be exchanged by another one dollar bill, they are undistinguishable from one another.  The forty works in this collection were minted as NFTs at OpenSea, the first and largest marketplace for crypto collectibles and NFTs. By using Ethereum's blockchain as a public ledger and interoperable standards, OpenSea allows ownership of the works in this collection to be fully trackable.

If you are confused about all this terminology, read this comprehensive guide to NFTs by WebsitePlanet.

Websites mentioned in this post:

 

 

 

 


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