In 2019, artists Casey Reas, Rick Silva, Addie Wagenknecht, and the duo exonemo embarked on a project, inviting about 75 of their fellow artists to submit and swap editioned blockchain-based works ...

Forbes contributors publish independent expert analyses and insights. Non-fungible tokens have transformed the art world, offering artists innovative ways to create, sell and profit from their digital ...

In the early 1960s, Lee Mullican, the San Franciscan artist best known for his modernist abstractions, swapped his paintbrush for the printer’s ink knife. Using its thin edge, he would apply paint to ...

NFTs are nonfungible tokens. The adjective “nonfungible” is often used in economics to represent features such as uniqueness and non-interchangeability. In the crypto space, nonfungibility simply ...

Beeple’s record came at the absolute peak of the NFT boom, a moment when speculation, hype and a flood of new collectors drove prices to historic extremes. Yet as crypto values plunged and speculation ...