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The Untold Story of the NFT Boom
https://www.nytimes.com/2021/05/12/magazine/nft-art-crypto.html
The New Digital Market
The Untold Story of the NFT Boom
Digital creators used the blockchain to create a whole new art scene. Then their work started selling for thousands sometimes millions of dollars.
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“It’s at 40.7 ETH,” FEWOCiOUS gasped. “That’s crazy.”
It was not quite 4 in the afternoon, and Victor Langlois, an 18-year-old cryptoartist, was at his desktop computer, watching a frenzied bidding war between two art collectors. Langlois known by his art name FEWOCiOUS, or Fewo, to his friends and fans was dressed in a white hoodie that he had designed, its arms covered in his own psychedelic art, including an eyeball and sunflower afloat in a blue sky. The room’s window had been covered with cardboard to keep things dark, and a string o