Article: What Cos. Need To Know Before Entering Nascent NFT Market

Article - Media, Publications

What Cos. Need To Know Before Entering Nascent NFT Market

Michelle Ann Gitlitz, David Ervin and Carissa Wilson, 31 March 2021

On March 11, the artist known as Beeple sold for $69.3 million a digital collage work, “Everydays: The First 5000 Days,” and its associated nonfungible token, or NFT. The auction was conducted by Christie’s International PLC and “Everydays” became the third most expensive work ever sold by a living artist.

A few days later, an image of The New York Times column, “Buy This Column on the Blockchain!” was turned into an NFT and sold for $560,000.

The musician and artist Claire Boucher, known as Grimes, sold nearly $6 million worth of digital artworks as NFTs in under 20 minutes. Continue reading “Article: What Cos. Need To Know Before Entering Nascent NFT Market”

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