If you’re unfamiliar with what an NFT is, HYPEBEAST wrote an in-depth explainer on the topic earlier last month. But in short, NFTs are digital tokens that exist on a blockchain and are unique and cannot be replicated. They are used to prove scarcity and ownership of a digital asset, and are becoming increasingly popular in the art, music and gaming worlds.
HYPEBEAST has rounded up the top NFT stories of the week so you can stay in-the-know about the latest crypto-craze:
Ben Lewis is aiming to sell the digital artwork for $450 million USD, just like the original da Vinci painting. He will share proceeds with the the Hendry family estate, who owned the piece before it was resold by Christie’s.
3. A new competition called “NFTs: The Pitch” is inviting digital creators to pitch blockchain ideas to industry leaders
NFTs have revitalized the trading card community and have created new opportunities for digital collectibles. Topps Digital, Panini America, and Dapper Labs explained how they’re embracing the new technology.