News Digest

Art in the Age of Digital Scarcity: Why NFTs Enchant Us

Last Monday, when Visa announced it had bought a CryptoPunk non-fungible token (NFT) collectible to add to its financial history collection, I noted that these weird little 8-bit crypto tokens were valued for the same reasons people buy luxury status symbols like jewelry or sports cars.

https://www.coindesk.com/business/2021/08/30/art-in-the-age-of-digital-scarcity-why-nfts-enchant-us/
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