Non-fungible tokens, NFTs, use blockchain technology to authenticate digital art, memorable tweets and other ephemera.
- the markets, and valuations, have skyrocketed.
- believers say its the future of collecting
- skeptics call it a slightly absurd form of speculation
(pro tip, it could be both, K?)
NBA Top Shot collector Michael Levy turned a $175K stake into $20m His story is here (and more) at the Wall Street Journal (may be gated) . Its instructive reading!
ps. there is a slightly less gated article on NFTs here at Bloomberg
