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NFTs are setting the creative world alight. Are they also bad for the planet? By music and pop culture reporter Paul Donoughue Posted FriFriday 12 MarMarch 2021 at 7:21pm The digital collage titled Everydays The First 5,000 Days, by the artist Beeple, set a record at auction this week. ( Share Print text only Cancel By this point, you ve probably heard about NFTs even if you still don t really understand them. They are the digital asset creating headlines globally for allowing artists to sell JPEGs or 30-second GIFs for tens of thousands or even millions of dollars. On Friday, the artist Beeple set a new record when the auction house Christie s sold his work Everydays The First 5000 Days, a photo collage, for $US70 million ($90 million). ....
NFTs or non-fungible tokens: The new kind of digital art that could prove a bonanza for creators Posted FriFriday 5 updated SatSaturday 6 MarMarch 2021 at 5:32am Consensual Hallucinations, an NFT by Western Sydney artist Serwah Attafuah, who said getting paid for JPEGs blows my mind . ( Print text only Cancel Paul Lamborghini Kell made the news in 2018 when he paid $US38,000 for a digital artwork that anyone could already view or download. This week, he sold the same artwork a depiction of Homer Simpson combined with internet meme Pepe the Frog for $US320,000. The Homer Pepe Peter Kell sold for US$320,000. ( Supplied: Peter Kell) ....