
100.0% of buyers have recommended this.
Unique digital art collectible
Built on Polygon network
Easy NFT claiming process
Supports crypto wallets
Tradeable on major platforms
BALANCE 2 BY CONCORDIA - NFT
Balance 2 is a unique non-fungible token (NFT) created by Concordia, designed for art lovers and collectors. This NFT is not just a digital asset; it represents a piece of art that is verifiably owned and authenticated through blockchain technology. The Polygon network ensures that transactions are fast and cost-effective, making it an ideal platform for NFT enthusiasts.
A non-fungible token (NFT) is a unique digital identifier that cannot be copied, substituted, or subdivided. It is recorded in a blockchain and is used to certify authenticity and ownership. The ownership of an NFT is recorded in the blockchain and can be transferred by the owner, allowing NFTs to be sold and traded. NFTs can be created by anyone, requiring few or no coding skills. They typically contain references to digital files such as photos, videos, and audio. Unlike cryptocurrencies, which are fungible, NFTs are uniquely identifiable assets.
Proponents of NFTs claim that they provide a public certificate of authenticity or proof of ownership. However, the legal rights conveyed by an NFT can be uncertain. The ownership of an NFT, as defined by the blockchain, has no inherent legal meaning and does not necessarily grant copyright, intellectual property rights, or other legal rights over its associated digital file. An NFT does not restrict the sharing or copying of its associated digital file and does not prevent the creation of NFTs that reference identical files.
