As cryptocurrency values crash around the world, the NFT market is following suit and crashing as well. The two are tightly connected as NFTs are bought with cryptocurrency. The NFT market has skyrocketed since 2021, when $69m USD was paid for an NFT by hitherto-unknown artist, Beeple.
But freelance tech reporter Am ... Show More
Sep 2022
FT Weekend: How NFTs shook up the art world
<p>NFTs were a big sensation, but the market for them has crashed. This week, we invited a crypto-sceptic, FT columnist Jemima Kelly, to answer all the questions you were afraid to ask<strong>.</strong> What are NFTs exactly? What happened with them? And have they changed the way ... Show More
18m 45s
Apr 2021
Cryptocurrency’s Newest Frontier
<p>It started with a picture posted on the internet, and ended in an extravagant cryptocurrency bidding war. NFTs, or “nonfungible tokens,” have recently taken the art world by storm. <a href="https://www.nytimes.com/by/sabrina-tavernise">Sabrina Tavernise</a>, a national corresp ... Show More
31m 6s
May 2021
What are NFTs and are they really the next big thing?
In 2005 a photo of four-year-old Zoë Roth standing in front of a burning house went viral on the internet. It became a meme known as “disaster girl”. In April 2021, the image sold for $473,000 as an NFT, or non-fungible token - that’s sort of a digital record of ownership.And the ... Show More
23m 58s