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Infinite Objects Archives - AlleyWatch
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What are NFTs? | NFTs and the digital art explosion
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Here Are the 10 Most Expensive NFT Artworks, From Beeple s $69 Million Opus to a 18-Year-Old s $500,000 Vampire Queen
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Ryan Maloney
Christie s NFT auction closes at $69 million, as digital art sets off a gold rush
The blockchain-backed technology gives artists a way to take ownership and collect compensation for digital works. Listen - 06:54
Artist Ryan Maloney had planned a conventional launch for his latest project, a series of collector cards called Beastly Ballers that feature cartoon creatures decked out in football gear. The New Canaan, Connecticut-based illustrator was going to use a Chinese printer to package the cards; then he d market them online and sell them at $4.99 for a pack of 10.
Instead, Maloney skipped the physical product all together. He listed the card images on the online marketplace OpenSea as NFTs, or nonfungible tokens, the digital assets that are upending the art world. Maloney had followed the rise of the technology and decided to give it a try.