The New York Times

Key takeaways from Why an Animated Flying Cat With a Pop-Tart Body Sold for Almost $600,000

A fast-growing market for digital art, ephemera and media is marrying the world’s taste for collectibles with cutting-edge technology. Open at source

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But true believers remind people that most big things in tech — from Facebook and Airbnb to the internet itself and mobile phones — often start out looking like toys.

NFTs, or “nonfungible tokens.” The buyers are usually not acquiring copyrights, trademarks or even the sole ownership of whatever it is they purchase. They’re buying bragging rights and the knowledge that their copy is the “authentic” one.

, or “nonfungible tokens.” The buyers are usually not acquiring copyrights, trademarks or even the sole ownership of whatever it is they purchase. They’re buying bragging rights and the knowledge that their copy is the “authentic” one.

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Key takeaways from Why an Animated Flying Cat With a Pop-Tart Body Sold for Almost $600,000

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