NFT: A JPEG File Value $69 Million – What You Must Know About NFT

The circulation of NFT is experiencing an incredible buzz at the moment: the image of the artist Beeple has been changed for a record amount. This is like a revolution. What you need to know about NFTs and blockchains now.

Blockchain, cryptocurrency, NFT: The record sale of a digital artwork at Christie’s could open a new era.

Photo: Panthermedia.net/kentoh

This might be the most expensive JPEG ever: a collection of 5,000 small photos has now set a digital art record. Pebble’s work has been auctioned at Christie’s for more than $69 million. The auction heralds a new era and is likely to be an accelerator for the entire crypto market. Because with collage, for the first time, a NFTi.e. a non-replaceable token, was auctioned off at a famous auction house.

One buyer paid more than $69 million for this digital photo: This was Christie's first NFT auction.  Photo: Christie's / Pebble

One buyer paid more than $69 million for this digital photo: This was Christie’s first NFT auction.

Photo: Christie’s / Pebble

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