Too Long; Didn't Read
Non-fungible tokens (NFTs) catapulted to fame with record-high sales of Beeple and Nyan Cat at $69 million and $590,000 respectively. NFTs empower digital artists to watermark their work across the entire digital economy. NBA Top Shots is a platform built on FLOW blockchain that allows users to capture highlights of NBA games and mint them into Nfts. As of the time of writing, the crypto art economy is valued at $100 million.