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Collectors spent $US100 million on NFTs at Sotheby’s last year. How can a pixelated image be worth so much? And where will you find NFTs beyond the art world?

Collectors spent $US100 million on NFTs at Sotheby’s last year. How can a pixelated image be worth so much? And where will you find NFTs beyond the art world?

Collectors spent $US100 million on NFTs at Sotheby’s last year. How can a pixelated image be worth so much? And where will you find NFTs beyond the art world?

Collectors spent $US100 million on NFTs at Sotheby’s last year. How can a pixelated image be worth so much? And where will you find NFTs beyond the art world?

In 2006, a Sydney art-rock band named Teenager released their self-titled debut album, toured around a bit, then split up. Vocalist Pip Brown went on to become solo star Ladyhawke, while Nick Littlemore went back to his day job Pnau, whose own self-titled album the following year became Elton John’s favourite, shot them into the international limelight, and produced the seeds of what would flower into the even-more-successful Empire of the Sun. Close to 15 years later, after illness forced him into a six month sabbatical, Littlemore found his thoughts returning to his old band. Before th...