In April 2021, X (formerly Twitter) CEO Jack Dorsey sold his first tweet as an NFT for $2.9 million. This sale, along with a host of others, marked the peak of the NFT bubble of the 2020s.
The art world witnessed a technological revolution earlier in the ‘60s when artists shifted to computers to create innovative digital art. But this was different. It was riding on the crypto wave, which was also revolutionising the finance sector, so the effects were stronger. Certainly, more money was involved, and there was just too much ongoing at the same time.
So, the lines got blurred. So many truths and misconceptions filled the air about crypto’s new art, and this article is a brief overview of some of the most striking ones.
But first,
What are NFTs, Really?
In the crypto world, popular buzzwords like “token” are used to describe digital representations of crypto assets. In English, that’s just to say that tokens mean cryptocurrencies like Bitcoin or Ethereum. Howev
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