NFTs have become a craze in the digital world, and artists are flocking to the NFT market

Mike Winkelmann, a digital artist and graphic designer known as Beeple, was trying to find a better way to sell his art. He has produced thousands of works for his popular "Everydays" series over the past 13 years, but there's a problem, the art market, made up of galleries and auction houses, determines the value of creative work, but it's not One way he can do it, for one simple reason: digital art can be reproduced indefinitely, rendering the work worthless.

So when his friend told him there was a way to change that, a way to label his illustrations as unique, one-of-a-kind artworks, Winklemann listened to his friend's method and started working on what he called "unable to" Alternative Symbols".

Non-fungible symbols or NFTs have become a growing craze in the digital world. NFTs run on a blockchain, a digital ledger that can create proof of ownership, but unlike cryptocurrencies like Bitcoin or Ethereum, NFTs are designed to be unique asset. The idea is that scarcity is what creates value.

Because of this, artists are flocking to the NFT market as they seek greater success outside the traditional art world, including Winklemann. As a result, the price of a BeepleNFT skyrocketed. Before he knew it, Venkman was already making millions from the sale and resale of his art, the traditional art market took notice, and a painting of Bipp's "Everyday" was also sold at Christie's out of the high price of 69 million US dollars.

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