Value in the Age of Non-Fungible Tokens (NFTs)
Non-fungible tokens (NFTs) have taken the art world by storm in recent months, with record-breaking sales and celebrity endorsements. But what is it about NFTs that makes them so valuable? And how does this new technology impact the traditional concept of value in the art world? An NFT is a unique digital asset that represents ownership of a piece of content, such as a piece of artwork, music, or video. Unlike cryptocurrencies like Bitcoin, which are fungible, meaning each unit is interchangeabl
