While valuations of cryptocurrencies have cooled a bit in recent weeks, NFT art, another blockchain stored intangible, may gain heightened interest and momentum this Thursday, July 15. On Thursday, Christie’s auction house will hold their Art+Tech Summit. If you recall, it was in March 11 of this year that an NFT by Beeple (Mike Winkelmann) sold for $69 million. This drew attention to NFTs in both art and sports memorabilia as the artist had never sold a print for more than $100. Yet, in the new NFT format, the piece became the third highest-priced artwork ever sold for a living artist. The Christie’s Art and Tech summit will cover and perhaps even help define non-fungible tokens, which are a hot commodity for both the business and art world this year, and an example of how blockchain adds value. Read More >>