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What is an NFT and how do you buy it? The new 'bitcoin for a
What is an NFT and how do you buy it? The new 'bitcoin for a
What is an NFT and how do you buy it? The new 'bitcoin for art' trend explained
What is an NFT and how do you buy it? The new ‘bitcoin for art’ trend explained
Adam Smith
© Provided by The Independent
Grimes, Beeple, Logan Paul, the creator of Nyan Cat, and many other artists and celebrities are making huge amounts of money selling the ownership of digital images.
Chris Torres, the artist who first created Nyan Cat, recently ‘minted’ a new GIF of the famous internet meme which sold for over $470,000 worth of the Ethereum cryptocurrency in February 2020.
Grimes sold 10 images of digital artwork, the most expensive for nearly $400,000, to someone who wanted ownership of the online goods.
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