just setting up my twttr — jack (@jack) March 21, 2006It's all part of the "nonfungible token" (NFT) craze, that sees a unit of data stored on a blockchain, representing a unique digital item like art. An NFT can be thought of as a certificate of digital ownership - in as much as it's possible to own a public, easily replicable, virtual item. Earlier this month, Christies sold a digital collage by "Beeple" (aka artist Mike Winklemann) for US$69m ($96.1m). While that amount of money for an intangible piece of art might seem unreal, Winklemann received very real money, after commission. The $US69m collage by Beeple is titled 'Everydays: The First 5000 Days', a composite of digital images created each day for more than 13 years.

Source: New Zealand Herald March 23, 2021 20:37 UTC