NFT

A .gif of Nyan Cat sold for lots and lots (and lots) of money as an NFT. YouTube Cryptocurrency is no longer the strangest online trend — Those reins have been taken by NFTs. Nonfungible tokens have become a sensation, or scandal, thanks to the headline-grabbing insanity of it all: Memes being sold for the cost…

The market for crypto art is booming — everyone from Mark Cuban to Paris Hilton to Taco Bell has gotten in on the action.Since NFTs, or non-fungible tokens, are mostly bought and sold via cryptocurrency transactions that are tied to the blockchain, which is by nature decentralized, rounding up the highest-value individual sales can be…

As investor excitement around non-fungible tokens (NFTs) continues unabated, these crypto assets have skyrocketed in price and popularity. This week, digital artist Beeple made an eye-watering $69.3 million at auction, the largest single NFT sale to date. Source: mundissima / Shutterstock.com For those who don’t know, NFTs are like blockchain trading cards, confirming that an…