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NFT: cyberproperty or digital wild wild west? - The tokenized future of digital art
The Phoenix Daily The Phoenix Daily

NFT: cyberproperty or digital wild wild west? - The tokenized future of digital art

Opinion Analysis by Sandro Joseph Azzam, Staff Writer and Georges Haydar, Staff Writer

NFT art is a form of digital art that can be purchased using a cryptocurrency called Ethereum. Once you purchase that piece of digital art, it becomes yours. It is unique. Replicating it by, for instance, taking a screenshot or downloading the image online would be akin to buying a replica of the Mona Lisa, it’s nowhere near the real thing. But is it worth $ 70 million?

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