: “please don’t FOMO into it… Don’t spend more than you can afford to lose!”
Here we break down what an open edition is, why they’re proving popular, and some of the landmark projects from recent years.An NFT with no limit to the number of editions that can be minted. This contrasts to a limited edition, which sets a cap on how many NFTs can be minted. Limited editions can range from one-of-ones to 10,000 or more editions.
Think of them as prints or photographs in traditional art-world terms, wherein editions or iterations allow for multiple collectors, while maintaining the value and uniqueness of each individual work. Open editions aren’t, however, a limitless free-for-all. Creators usually control the time frame in which the NFT can be minted . Once that time elapses, no more editions can be minted. The number of mints allowed per crypto wallet can also be capped.Open editions aren’t new, Beeple dropped three way back in 2020 and NFT platform
embraced them to gain stature and grow its audience. The current surge in popularity can partly be explained by a democratization push from within the NFT sphere. This movement has two main protagonists, platforms and big-name NFT artists.
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Fonte: Crypto_Potato - 🏆 568. / 51 Consulte Mais informação »