NFT artworks reach new heights

At an auction hosted by Christie’s, NFT artworks by young artist FEWOCiOUS sold for $2.16 million, confirming the appeal of these blockchain-based pieces to art collectors.

Auction house Chritie’s conducted a sale on Wednesday of NFT artworks by transgender artist FEWOCiOUS, whose real name is Victor Langlois, just 18 years old. The pieces fetched over $2 million.

NFTs (literally non-fungible tokens, therefore non-interchangeable) are here designed to represent a unique copy of a work of art and serve as licenses to use a work of art. NFTs thus allow to verify the ownership of digital assets based on the blockchain.

For works of art, although they are accessible to everyone, only the buyer of the NFT work has official ownership status. This is also true for images, videos or even text, whose NFT digital certificate allows them to be sold at sometimes exorbitant prices.

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