TOBY SHAPSHAK: How the NFT art bubble burst
Nonfungible tokens are worthless and have always been
16 November 2023 - 05:00
Surprise, surprise. NFTs, or nonfungible tokens, are now worthless. Hands up: who didn’t see that coming?
Let’s recall that an NFT is a digital thing — in this case an image — that could still be replicated and copied, but of which the owner, well, owned the artwork, via a token on a blockchain...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.