An NFT is a digital asset that represents real-world objectives like art, music, in-game pieces and videos. They are bought and sold online, routinely with cryptocurrency, and they frequently encode with the same underlying software as numerous cryptos. Although they’ve been around since 2014, NFTs are gaining notoriety now because […]
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Auction houses Sotheby’s, Phillips latest to join NFT craze
Sotheby’s and Phillips launched so-called NFT auctions , a month after Christie’s sold a digital artwork for US$69.3 million , as traditional auction houses seek to capitalise on the craze shaking up the art market. Three months ago, barely anyone had heard of a non-fungible token (NFT), a digital object […]