It was the third-highest sum ever paid at auction for the work of a living artist. But following the NFT market’s spectacular collapse, is Vignesh Sundaresan’s record purchase worth anything at all?

A lawsuit brought by Vignesh Sundaresan and his company against a former independent contractor settles who really bought a Beeple NFT.

The market for the digital items plummeted after their glory days in 2021 and 2022, and they’ve proven to be not only an artistic and aesthetic disaster, but a shortcut to financial ruin ...

Colorado plans to mark its 150th anniversary and the nation’s 250th birthday with many special events and celebrations. But one of them – a digital art auction – is raising some questions. Last ...

Twenty months after the NFT art bubble burst, with trading volumes plunging by as much as 97 per cent, local art consultant Holly Mazar-Fox believes digital fare is making a comeback. Ms Mazar-Fox ...

Non-fungible tokens, or NFTs, are the latest cryptocurrency phenomenon to go mainstream. And after Christie's auction house sold the first-ever NFT artwork — a collage of images by digital artist ...

NFTs are a relatively new concept that burst onto the scene with the metaverse development. NFT stands for non-fungible token. When dealing with economics, fungible assets refer to readily ...

Many people find NFT platforms with their endless squares of images to be overwhelming. Imagine instead that NFTs were organized into a group with an overarching theme or practice. Imagine a text that ...

Does the SEC Really Have Jurisdiction Over NFT Art? Two Artists Sue SEC to Get an Answer The SEC’s approach towards NFTs, plaintiffs argue, “has the potential to bleed into the traditional art and ...

For much of the COVID-19 pandemic until very recently, there was a new, jargon-laden product category dominating news headlines: NFTs. What exactly they were was rarely explained particularly well, ...

As virtual environments evolve from speculative concepts into engaged digital economies, forward-thinking organizations are presented with a transformative opportunity: building dedicated marketplaces ...

Forbes contributors publish independent expert analyses and insights. Andrey Sergeenkov is a freelance crypto journalist Non-fungible tokens and decentralized applications are changing how we own and ...