NFTs loom as next digital asset class frontier
Photo: Quan Yajun/Sipa Asia Visitors enjoy an encryption art exhibition in Beijing. Artists such as Beeple, whose work is shown here, sell NFTs of their digital works for millions of dollars. Modern graphics and rare trading cards are starting to look a lot like a new asset class through digital non-fungible tokens, but institutional investors — some of which have long been attracted to fine art markets — are not sold on the concept yet. Non-fungible tokens, or NFTs, are non-interchangeable, digital signature-based collectible goods, which are stored in a digital format. NFTs exploded in ...
Source: pionline.com