fuse was lit on March 11 with Christie’s USD 69.3 million sale of the NFT for Beeple’s digital collage (2021). This led to the astronomical art-market boom of NFT sales, accompanied by talk of how the unique tokens, which can rarefy (2021) series and Larva Labs’ algorithm-generated (2017), both collections of 10,000 NFTs, commanding attention. At Sotheby’s “Natively Digital” (6/3–10) online auction, (2017) was purchased for USD 11.8 million. By year’s end, at least four ranked in the top ten list of most-expensive NFTs.
TOKEN UPRISING
Jan 02, 2022
1 minute
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