Source | Technology Times
Non-Fungible Tokens (Ntfs) Have Taken The Cryptocurrency Market And Art World By Storm Recently. Even Auction House Christie’s Has Sold An NFT By Artist Beeple For $69 Million. It is the first time Christie’s has sold purely digital art and accepted payment in cryptocurrency form, making Beeple the third-most valuable living artist, just behind David Hockney and Jeff Koons.interesting reading: Revolutionary Tech Could See Return Of Sporting, Entertainment Events
Meanwhile, an offline exhibition of blockchain-based art has kicked off in Beijing. This is the world’s first offline exhibition for virtual crypto-art. The works featured use blockchain technology, which means every piece of art is represented by a unique set of data, known as NFTs, and the public can track the trading of these art pieces.