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  • Antique Trader

    Are NFTs the art of our time OR a confounding and unsustainable digital fad driven by crazy money? UM ... YES?

    Sep 01, 2021 4 minutes
    BY NOAH FLEISHER

    Since NFTs (Nonfungible Tokens) burst into the mainstream last March with the $69 million sale of Everydays – The First 5000 Days by the artist Beeple, there isn’t a day that has passed that I have pondered: What exactly is an NFT? How could an NFT be worth so many millions of dollars, and who on earth has enough cash to throw at something so … so… intangible?

    Furthermore, why on earth would they do it?

    Putting my endless pothering, head-scratching and divining-of-motives aside, looking at NFTs through the lens of the past 50 years of trends in collectibles that have gained and lost value – some rising to the stratosphere (Comics? Baseball cards?) and some

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