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3 years ago

Elizabeth Howcroft

@e_howcroft

People are spending millions of dollars on a new kind of rare object which only exists in the online world. They’re called NFTs.

This is one of the most mind-boggling stories I’ve ever reported. You can read it here, on @Reuters:

(thread)

https://www.reuters.com/article/retail-trading-nfts/insight-how-a-10-second-video-clip-sold-for-6-6-million-idUKL8N2KV6X9

How a 10-second video clip sold for $6.6 millionIn October 2020, Miami-based art collector Pablo Rodriguez-Fraile spent almost $67,000 on a 10-second video artwork that he could have watched for free online. Last week, he sold it for $6.6 million. www.reuters.com

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Select to add to your #gallery:
How a 10-second video clip sold for $6.6 millionIn October 2020, Miami-based art collector Pablo Rodriguez-Fraile spent almost $67,000 on a 10-second video artwork that he could have watched for free online. Last week, he sold it for $6.6 million.

People are spending millions of dollars on a new kind of rare object which only exists in the online world. They’re called NFTs.

This is one of the most mind-boggling stories I’ve ever reported. You can read it here, on @Reuters:

(thread)

https://www.reuters.com/article/retail-trading-nfts/insight-how-a-10-second-video-clip-sold-for-6-6-million-idUKL8N2KV6X9

nevernotrarekeve_howcroftPeople are spending millions of dollars on a new kind of rare object which only exists in the online world. They’re called NFTs. This is one of the most mind-boggling stories I've ever reported. You can read it here, on @Reuters: (thread) https://www.reuters.com/article/retail-trading-nfts/insight-how-a-10-second-video-clip-sold-for-6-6-million-idUKL8N2KV6X9

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