NFTs Are All the Rage, but Are They Worth Millions?

Non-Fungable Token

Episode 1779

NFTs, or Non-Fungable Tokens, are all the rage in the digital world these days. One example is a digital artist named Beeple, who has sold digital artwork and made a pretty sizable sum: $69.3 million; the third-highest auction price achieved by a living artist. It's not the work of art itself, since that was a digital JPG, but the ownership of the art itself. It was the first digital item sold by Christie's, and they accepted payment in digital currency: Etherium.