PARIS HILTON has sold one for more than £800k, John Terry has got into a row with the Premier League about his and Liam Payne is so obsessed he's created a special Twitter account. NFTs, or non-fungible tokens, have taken the celebrity world by storm as stars flock to cash in on the frenzied digital gold rush. And that's despite the fact the tokens don't exist in the real world. Confused? Plenty of people are — but that isn't stopping them investing, with the global market for NFTs hitting £16.5BILLION last year. And there is serious money to be made. Digital artwork Everydays — The First 5000 Days, by American artist Mike Winkelmann, known as Beeple, was sold by London auctioneer Christie's for £50million last March. Beeple said the buyer was getting the NFT "for a steal". Only real-world works by two other living artists — David Hockney and Jeff Koons — have sold for more So how did assets that you can only see on a screen become the most hyped investment on the planet? Once the preserve of geeks, NFTs first appeared in 2012 and are digital certificates of "ownership" of the likeness of an artwork, a video… Read full this story
- The Path For Raunchy Female Friendship Comedies Is As Messy As The Women They Champion
- Keanu Reeves spending millions on move to UK and is buying a ‘self-sufficient farm’
- What Would A Less Gendered World Really Look Like?
- McFly will reform in 2019 reveals Dougie Poynter — nine years after last album
- Rapper Dave is facing a backlash as his murderer brother serving life in prison is heard on track
- Can Hollywood move past body-shaming?
- Karl Lagerfeld dies aged 85 from pancreatic cancer: Victoria Beckham leads tributes to fashion legend who saved Chanel, spent thirty years as its artistic director and was notorious for his acid tongue, after he passed away
- At first sniff ...
- Kumail Nanjiani brings some style to a middling
- Long good reads: the best features from 20 years of G2
- Lunatics is taking Chris Lilley global on Netflix, but is he still funny?
- Haunting images show the inside of Prince's Paisley Park compound including the elevator where he overdosed on Fentanyl - with bundles of cash, drugs and a bag labelled 'opium' inside his vault
How celebs like Kate Moss and Messi are making MILLIONS from NFT ‘crypto-artwork’ – but critics say ‘it’s for mugs’ have 381 words, post on www.thesun.co.uk at January 26, 2022. This is cached page on CHUTEU. If you want remove this page, please contact us.