Along a seemingly endless hallway in the Boca Raton Innovation Campus, where IBM developed its personal computer several decades ago, artworks displayed on a half dozen 65-inch commercial monitors rotate every 20 minutes.
But they’re not oils or watercolors. They are unique pieces of digital art — some still images, some digital animations — that occupy Lynn University’s new NFT Museum. NFT stands for non-fungible token, which a collector can buy online. The original exists as a unit of data that the owner keeps on a blockchain — most are on the Ethereum blockchain —a digital ledger that keeps records of art deals in cyberspace.
Each token has a limited number of versions, more like a limited print edition of a piece of art. Theoretically, a digital artwork can be viewed simultaneously at different galleries, schools, stores, or at home.
