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Where is my NFT? A very quick guide to the blockchain

Updated over a week ago

If you’re new to web3, there’s some differences you need to get used to in terms of digital ownership. Your NFT is yours - as in you have control over it - but rather than being in your pocket, it sits on the blockchain.

Let’s go a little deeper:

Blockchain basics

NFTs (Non-Fungible Tokens) are unique digital assets stored on the blockchain, representing ownership of things like art, music, or collectibles. The blockchain is a secure, decentralised digital ledger that records transactions and ensures the authenticity and ownership of these assets.

Our service creates a really easy to use way of creating and accessing the blockchain so even your mother can enjoy the benefits of web3. Here’s what we do:

What does Artega do?

  • We create you a polygon wallet, unless you input your own

  • Wert takes your payment and converts it to USDT

  • A smart contract then send this to the artist’s wallet

  • The contract then mints you a totally unique NFT based on the image supplied by the artist

  • The contract sends the NFT to your provided wallet which you can see on the Polygon blockchain.

Think of it like naming your house on Google Maps - you own a house and decide to give it a fun custom name. That name is yours to choose because you own the property. But once it’s on the map, anyone walking by or searching online can see it. You still have full control over the house, but the name and some public details (like its location) are visible to others.

So, after you’ve bought your NFT, where exactly is it?

What’s visible

There are a number of websites that allow anyone to view the blockchain.

Here’s the one we think is the simplest for new users:

Anyone can see what an artist has sold

For example, here are all our promotional sales:

If you have a click around you’ll notice that the owner is just a long alphanumeric string. Only you know which one yours is - so be careful who you share this with.

Anyone can see what a user has purchased

Next, click on the Owner — which refers to the patron's account.

We can see the items purchased by that patron, and keep in mind that a patron can have multiple accounts, all of which are unlinked. While we can identify which account made the purchase, the patron's real-world identity and the specific details of their purchase are not displayed on the blockchain. This is because Artega does not share artwork details or descriptions with Wert, nor does it store them on the blockchain. This separation between data storage helps maintain a higher level of privacy for the user.

Extra security

We’ve inbuilt a feature that allows you to generate a new wallet for every transaction (which you can transfer to another wallet later if you wish) this means if you want to be even less identifiable, you can just keep track of individual wallet keys to access your art at a later date.

Remember - ownership can’t be recovered

Your private key is like a permanent password—if you lose it, you’ll lose access to your wallet permanently, and unfortunately, we won’t be able to recover it for you. Be extremely cautious about who you share it with—ideally, don’t share it at all. You can try contacting the artist to request a copy at their discretion, but the best approach is to keep your private key safe from the start.

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