Acclaimed NFT Artist’s Blockchain-Backed Digital Art Auction Raises $3.5 Million

Blockchain-backed digital art is continuing to make waves and this week an artist who calls himself ‘Beeple’ raised $3.5 million during his latest non-fungible token (NFT) art collection auction. The “Everydays” collection auction included 21 original single edition Beeple pieces,…

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The Role of Non-Fungible Tokens in Art

Today, artistic work can be downloaded and copied for free. Artistic ownership and royalties for artists have received a serious wound. Fortunately, Non-Fungible Tokens (NFTs) have arrived as a new salve for authenticating ownership of digital artifacts.  Non-fungibility simply means that the…

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