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WORLDING - Event Information – ArtsHub Australia

Explainer: The world s gone mad for NFTs But what are they?

Jason South/Sydney Morning Herald Artist Kieren Seymour at Neon Parc gallery in Australia, where he is selling artworks along with their unique NFT. Do you have NFI what an NFT is? Well, read on. Because it’s the hot acronym of the moment, and is either the craziest bubble since bitcoin, or the most surprisingly successful innovation since, uh, bitcoin. An NFT by digital artist Beeple just sold at a Christie’s auction for A$90 million. Grammy Award winners Kings of Leon dropped the first new album released in NFT format and it raked in more than $US2 million.

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