The NFT boom: Is digital art the next tech bubble?
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The NFT boom: Is digital art the next tech bubble?
Collectors have been shelling out big bucks on digital collectibles known as NFTs, or non-fungible tokens. But the boom in NFTs is also sparking concerns about a bubble. Money Mind reports.
Singapore-based investor Vignesh Sundaresan bought the world's most expensive NFT from US artist Beeple in March, highlighting how virtual work is establishing itself as a new creative genre. (Photo: AFP/Roslan Rahman)
22 Apr 2021 01:21PM)
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SINGAPORE: A collage of digital images by the artist known as Beeple - sold, for US$69 million.