What's An NFT? And Why Are People Paying Millions To Buy Them?
Chris Torres toggle caption Chris Torres A work called Nyan Cat by Chris Torres sold for $590,000 recently. It's part of growing interest in digital assets, known as nonfungible tokens, or NFTs, that are generating millions of dollars in sales every day. Chris Torres The artist Grimes recently sold a bunch of NFTs for nearly $6 million. An NFT of LeBron James making a historic dunk for the Lakers garnered more than $200,000. The band Kings of Leon is releasing its new album in the form of an NFT. At the auction house Christie's, bids on an NFT by the ar...
Source: npr.org
