Is an NFT art?

You can therefore actually compare an NFT with a special digital artwork to a unique painting, such as the Night Watch. Only an NFT is purely digital content. An NFT is therefore, just like an ‘analogue’ work of art, worth what someone is willing to pay for it.

How does NFT art work?

What is NFT? And why would anyone pay a fortune for an NFT?
The NFT is a kind of ‘proof certificate’ that contains unique information about, for example, the maker, the transaction history and the place online where the original version of the digital object can be found. With the NFT you can therefore distinguish your object from all digital copies of the same painting.

Why is NFT so popular?

A major reason why NFTs are popular is the exclusivity of ownership. The owner of an NFT owns something that is unique and that no one else can have. This can be attractive to collectors and enthusiasts of art and other collectibles.

What is the most expensive NFT in the world?

What is the most expensive NFT ever sold?
Let’s take a look at the most expensive NFTs ever: ‘The Merge’ — €91.8 million – 30,000 NFT collectors have bought parts of the most expensive NFT ever. The First 5000 Days — €69.3 million– This is the most expensive NFT ever sold to a single owner.

.