Researchers Argue that Wash Trading Might become Problem in Fast-Growing Blockchain based NFT Market A digital artwork piece by Beeple recently set auction records (on Thursday / March 11, 2021) when it sold at Christie’s for $69 million. Twitter CEO Jack Dorsey is auctioning the NFT or non-fungible token for the first tweet ever, “just setting up my twttr,” with the highest bid reaching $2.5 million. Meanwhile, NBA Superstar LeBron James’ in-game highlights are selling for six figures. The digital assets space is now booming, with many eager buyers paying really large amounts for NFTs that give them “exclusive” ownership of virtual collectibles. Many people have been offering explanations for why these unique digital tokens have been selling for fortunes.