What are NFTs and why are people paying millions for them?

Take CryptoPunks, pixelated avatars that have fetched millions of dollars. Sure, you could download one of the alien avatars, but collectors would not consider it authentic. “You’re not buying the picture,” said Jake Brukhman, founder of cryptocurrency investment company CoinFund. At the auction house Christie’s, bids on an NFT by the artist Beeple are already […]Continue reading