The blockchain art frenzy
Dec 17, 2021
3 minutes
If there was one word, or rather one acronym, that defined the world of collectables in 2021, it was NFT. And it was artist Michael Winkelmann, better known as Beeple, who lit the blue touchpaper in March. For while “non-fungible tokens” – unique digital artworks, or indeed, pretty much anything that can be rendered into a computer file – had been around for a few years already, it was the auctioning of his work for $69.3m (£52.3m) that led to the explosion of interest
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