In 2021, a non-fungible token (NFT) by digital artist Beeple was sold for a staggering $69.3 million at a Christie’s auction. Roughly a year later, blockchain entrepreneur Deepak Thapliyal bought a CryptoPunk NFT for $23.7 million in one of the most expensive digital art pieces ever sold. But those were the glory days of NFTs, [...]
From boom-era prices to utility and real-world use
