NFT Frenzy: More money spent on digital collectibles in a month than in the whole of last year

Interest in traceable digital collectibles called non-fungible tokens (NFTs) has exploded in recent weeks, with various artists and celebrities generating huge sums of money in sales.

Stored primarily on the Ethereum blockchain, NFTs are representations of digital properties – such as art, music, videos, and collectibles – that have a unique signature that allows ownership to be traced and verified.

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