NFT
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From lack of supply to prohibitive price points, it seems you can't short art... at least for now
Why would someone buy a non-fungible token of a rainbow-toting cat, which already exists in millions of identical copies?
Or does the title belong to a crypto work by Pak, recently acquired by a Sotheby's specialist?
Plus, artist Doug Aitken on composer Terry Riley
One marketplace has already blocked the artist who goes by the name of Pest Supply
With investors such as Elon Musk and Chamath Palihapitiya backing the purely digital art form, the trade is beginning to take notice
Interest is growing in Non-Fungible Tokens, which represent digital works and proof of ownership