 "Non-fungible token, NFT, cryptocurrency, blockchain")
On Jan. 12, an image of a computer-generated pixelated person was sold for about $50.6 million worth of cryptocurrency on a new online marketplace that caters for non-fungible tokens.
It gets stranger.
Five minutes later, the same "Meebit" NFT - a virtual character clad in purple shorts and green sneakers - was sold back from the buyer to the original seller for around $49.6 million.
Confused? Welcome to the weird and wild world of NFTs, a new breed of crypto assets that represent digital items, from images and videos to clothing for avatars. They have exploded in popularity over the
(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
