Spanish Authorities Seize a Contraband Picasso at Ibiza Airport nytimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from nytimes.com Daily Mail and Mail on Sunday newspapers.
Beeple, Cryptokitties and NBA Top Shot have all entered the global conversation thanks to frothing sales activity and record-setting prices for digital assets certified by non-fungible tokens, or NFT’s, a close cousin of cryptocurrency Bitcoin. But why are people spending millions on digital artworks, videoclips and music?