Will Watling looks at the flourishing world of digital art, VR gigs and AI bots making life easier, even in the life and pensions space. We’re in the last 100 yards of ‘the last mile problem’, he writes...
In March a JPG file known as "Everydays, The First 5000 Days" by the artist Beeple sold for a staggering $69m at a digital auction by Christies. Yes, a JPG! The same digital graphics file we all use on websites, PCs and send to our friends on social media. What made this different is it's a NFT or ‘non-functional token'. In layman's terms a way of creating a one-off digital work of art that only one person can own. NFTs can of course have screenshots taken of them, as you'll see on many websites talking about the NFT phenomenon, so why do it? Well, in the same way someone will pay a king...
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