Place/Date: San Francisco, CA - April 28th, 2021 at 4:44 pm UTC · 4 min read
Justin Sun, the founder of TRON and CEO of BitTorrent, recently announced that the JUST NFT fund has officially launched the NFT for “The First Collections” including Picasso’s works. The ownership of the collections has been mapped to the TRON chain through the TRC-721 standard. It is permanently stored on the TRON public chain and BTFS (decentralized storage system), which marks the “first show” in history of Picasso’s works on the blockchain.
NFTs are a major innovation of blockchain technology in the field of art. By giving each work a unique digital signature, it can effectively ensure the uniqueness and circulation of the work. Through NFT technology, the digital format of any physical artwork can be uploaded to the BTFS system, and the corresponding NFT artwork’s BTFS address is generated. The information is then written into the smart contract according to the TRC-721 standard, and
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