As if GameStop dominating Wall Street markets wasn’t enough, JPEGs are worth money now thanks to NFTs. What a time to be alive!
Just like the financial world found itself disrupted by online traders organizing on Reddit to force a surge on GameStop stocks, the art world is having its own technology disruption after a JPEG image sold for $69 million on Thursday. An NFT just sold for $69 million dollars. This will serve as confirmation that we are in fact in a simulation. https://t.co/Yntd77HiPF Aaron Levie (@levie) March 11, 2021 The piece, “Everydays: The First 5000 Days” by digital artist Beeple, is a “non-fungible token” or NFT that scored a multi-million dollar sale price after being auctioned off by Christie’s.
