INSIDE THE WORLD OF NFT ART
May 13, 2021
4 minutes
BY JOHNA BAYLON
PHOTOGRAPHY
CHRIS LAU OF TOGETHER WORKSHOP / KRISTA KIM STUDI
O
“We just sold our first NFT yesterday!”
It’s early April, and Hannah Szabo—partner to urban artist and designer Gustav Szabo, who goes by the moniker Szabotage—is telling me about their first sale on OpenSea, the digital marketplace for crypto collectibles and non-fungible tokens, also known as NFTs.
“For $69 million!” Szabotage says. “Just kidding – we sold it for one Ether.”
He’s referring to the cryptocurrency Ether, which runs on the Ethereum blockchain. On the day of his artwork’s transaction, that Ether was roughly equivalent to US$1,967. Not
You’re reading a preview, subscribe to read more.
Start your free 30 days