MoneyWeek

The blockchain art frenzy

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

You’re reading a preview, subscribe to read more.

More from MoneyWeek

MoneyWeek2 min read
City Talk
● “Another light of the London Stock Exchange firmament is going out,” says Lex in the Financial Times. Darktrace, the UK’s only renowned cybersecurity firm, has accepted a £4.3bn offer from US private-equity investor Thoma Bravo. At 620p a share, Da
MoneyWeek1 min read
Wine Of The Week: A Top Claret To Drink Now
2017 Château Larrivaux, Haut-Médoc, Bordeaux, France £18.50, hhanc.co.uk When this esteemed issue hits your doormat, I will be in Bordeaux putting the finishing touches to my 2023 En Primeur Report. While I always taste and score all the great estat
MoneyWeek2 min readSmall Business & Entrepreneurs
Guru Watch
“Typically, when new markets emerge, incumbents are caught off guard, which creates opportunity for startups,” says Mary Meeker, the so-called “Queen of the internet” during her time as a Morgan Stanley analyst during the dotcom bubble. “The differen

Related Books & Audiobooks