Why Token Financing Is The Next Big Thing In The Netherlands
Early 2021, iconic auction house Christie’s held an auction for a piece of digital artwork titled The First 5000 Days by artist Beeple. It was not the first time that the artist would be selling his artwork digitally, having made millions from doing so in the past. However, the art being sold by Christie’s would be a 21,069 × 21,069-pixel JPEG file along with an interesting addition; a non-fungible token. These non-fungible tokens have taken the blockchain world by storm thanks to their ability to authenticate ownership of everything from collectible toys to arts and are expected to se...