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NFTs Are Shaking Up the Art World—But They Could Change So Much More – LSD Magazine

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Source | Time

Beeple, Everydays: The First 5000 Days. Sold for: $69.3 million

Just a few months ago, Jazmine Boykins was posting her artwork online for free. The 20-year-old digital artist’s dreamy animations of Black life were drawing plenty of likes, comments and shares, but not much income, aside from money she made selling swag with her designs between classes at North Carolina A&T State University. But Boykins has recently been selling the same pieces for thousands of dollars each, thanks to an emerging technology upending the rules of digital ownership: NFTs, or non-fungible tokens.

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