At the high end, digital art sold for millions doesn’t really need an NFT, just as Bowie didn’t need crypto to securitize his royalties in 1997. Christie’s could have just as easily sold an embossed paper certificate, and entered the buyer’s name in a leather bound book securely held at Christie’s headquarters. But that sort of infrastructure isn’t... See more

A digital file, when intersected with the ubiquity and scale of the internet, can be “seen” by anyone. NFTs push the notion even further. By adding to the ideas of abundance and scale those of passionate distribution, patronage, the day-one fan and, yes, ownership. Concepts associated with scarcity, now distributed out to the abundant world at larg... See more