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Business Daily: Where art and cryptocurrency meet...

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Where art and cryptocurrency meet...

06/04/2021 GMT

BBC World Service - Business Daily, Where art and cryptocurrency meet...

Selling art with non-fungible tokens: Crypto craze or thing of value?

When the worlds of crypto currencies and art met, they created non-fungible tokens. But is selling art with non-fungible tokens simply the latest crypto craze?

When the world of crypto currencies met with the world of art, they created what's called a non-fungible tokens or NFT. Some say NFTs could redefine what we think of as art while others think it’s just the latest crypto craze that may well end in financial losses and tears.  
(Picture: Artwork by Jazmine Boykins/ Blacksneakers, courtesy of the artist)

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