Too Long; Didn't Read
The $69.3 million paid for the NFT Everydays: The First 5,000 Days by the digital artist Beeple is the third highest amount ever paid for any type of art at auction. The excitement surrounding NFTs continues with Tom Brady and WWE’s The Undertaker recently dipping their toes in the market. The market seems to be reaching a sustainable level but the mania around NFT has somewhat died down. The respite from this mania allows them to be looked at in a new way so that their potential can be properly realized.