Most Expensive NFT Ever Sold

The world's most expensive NFT just sold for $69 million. The Beeple Everydays: The First 5000 Days, a digital collage by the artist known as Beeple, was sold as an NFT (non-fungible token) in an auction organised by Christie's. This makes it the third most expensive work by a living artist sold at auction, behind Jeff Koons and David Hockney. And it's the most expensive NFT ever sold. Read also: Nft lady magazine So what is an NFT? Non-fungible tokens are digital assets that are unique and cannot be replaced. They're stored on a blockchain, which is a decentralised ledger that records transactions securely and transparently. NFTs have been gaining in popularity in recent months, as they provide a way for artists to sell their work directly to fans and collectors, without going through a middleman. Beeple's auction signifies that the NFT market is maturing and attracting mainstream interest. It's not just art that's being sold as NFTs. Last week, Jack D...