Fables de la Fontaine NFT
What is Fables De La Fontaine?
The Fables De La Fontaine NFT’s are collectable crypto artworks on the Polygon network. This series focuses on tokenizing French Classic Literature. The NFTs listed under Fables De La Fontaine is made by the decentralized and opensource project called Tokenart. Tokenart was launched in April 2020.
The Fables De La Fontaine NFT series is based on the works of well-known 17th-century French poet and fabulist, Jean De La Fontaine. All NFTs in this collection includes illustrations from renowned french artists like Grandville, Gustave Doré, Jean-Baptiste Oudry along with Fontaine’s poems with the exact wording. Their website also claims that these poems can “be translated into the type of language”.
These NFT offerings focus on exploring the different possibilities of Creative Common Licensing, especially the transfer of all copyrights within the public domain.
What is an NFT?
NFT is an acronym for “Non-Fungible Tokens”. Something which is fungible is replaceable. For instance, one kilo of 24 karat gold is – at least in theory – replaceable with any other kilo of 24 karat gold. When something is non-fungible, it means that it is unique, and not replaceable with any other item out there.
Although NFTs are conceptually similar to cryptocurrencies, these digital assets might represent antiques & artworks, collectables like trading cards, and other items with unique features. These tokens are stored cryptographically in a blockchain network for authentication and validation. Even when transacting, each token is sold as a whole, unlike cryptocurrencies which are divisible into smaller units. NFTs lose their value when split into smaller portions, however, they can be duplicated by the artist and each additional copy can be sold separately (but the total number of duplicates will then always be known).
Is Fables De La Fontaine’s NFTs a good investment?
It is impossible to speculate about whether investing in Fables De La Fontaine’s NFTs is a good investment or not. The best answer we can give you is to show a picture of the price development so far. But remember, the historic return on investment is under no circumstances a guarantee of the future return on investment.
The following picture shows the price development for Fables De La Fontaine’s NFTs as of 25 January 2022. The picture is obtained from OpenSea.io.
As is evident from the above picture, as of 25 January 2022, the all-time average price of Fables De La Fontaine’s NFTs was 0.0111 ETH and the all-time volume in the market of Fables De La Fontaine’s NFTs was 0.6665 ETH.
How many Fables De La Fontaine’s NFTs are out there today?
At the date of first writing this review (25 January 2021), Fables De La Fontaine’s OpenSea portfolio included 246 artworks.
How expensive is the most expensive Fables De La Fontaine’s NFTs ever sold?
The most expensive NFT by Fables De La Fontaine on the date hereof was an artwork called ‘Conseil tenu par les rats’, sold for 0.04 ETH. Here it is:
Where can I buy Fables De La Fontaine’s NFTs?
There are numerous NFT marketplaces out there where you can buy NFTs. The biggest of them all is OpenSea.io. Fables De La Fontaine’s NFTs is exclusively available on OpenSea and can be bought there.