Mike Winkelmann, aka Beeple, fetched US$6.6 million for his work ‘Crossroads’ in February. Photo: Handout
Mike Winkelmann, aka Beeple, fetched US$6.6 million for his work ‘Crossroads’ in February. Photo: Handout

Explainer |
From Cryptokitties to Beeple’s ‘Crossroads’ and clips of LeBron James dunking – NFTs are everywhere. Here’s why

  • While an NFT does not stop others from duplicating creative works, it allows its holder to claim possession of an original piece
  • A first step towards owning NFTs would be to download a cryptocurrency wallet and buy a digital currency

Topic |   Banking & finance
Mike Winkelmann, aka Beeple, fetched US$6.6 million for his work ‘Crossroads’ in February. Photo: Handout
Mike Winkelmann, aka Beeple, fetched US$6.6 million for his work ‘Crossroads’ in February. Photo: Handout
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