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Insider spoke with several artists and industry experts to see how they feel about the NFT craze.
Some see NFTs as simply a trend among investors that involves little substantive cultural interest.
Others see the value it could hold for artists themselves, especially in regards to payment for art.
In the past month, non-fungible tokens have skyrocketed in popularity, with NFT art pieces selling for millions of dollars. One of the most notable instances is an artist named Mike Winkelmann, better known as Beeple, who sold a piece for nearly $70 million in March.