The NFT Art Boom is Not About Art (But There's Nothing Wrong with That) | Hacker Noon

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NFT art isn't about art, but that's okay. Just because I can't wrap my head around spending hard-earned money on virtual bits doesn't mean anyone else can't.

A Roblox-esque low-resolution 3D boat sold for $650,000The first-gen NFT art CryptoPunk, a pixellated... punk caricature, sold forWe probably should have seen it coming , but Eminem's plopping down of $400,000 on a Bored Ape NFT, presumably because it resembles him at an exhausting stretch of imagination, proves that people with money and status are really not any longer about the art.

How easy would have been without NFTs to "brush shoulders" with the elite of entertainment? Not very. And just because I can't wrap my head around spending hard-earned money on virtual bits and bytes doesn't mean anyone else can't.

 

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