A person stands in front of artist Takashi Murakami’s NFT project called Murakami Flowers during a press preview May 11, 2022, for “An Arrow through History” at Gagosian’s New York galleries. (Photo: AFP)
BENGALURU, India: Imagine digitally inscribing three dimensional images of objects such as multi-coloured spheres onto a tiny fragment of bitcoin. Then imagine selling them for US$16.5 million.
Just when you thought crypto could not get any stranger, bitcoin accidentally births a new breed of non-fungible tokens (NFTs).
The new entrants have materialised in 2023 following bitcoin network upgrades that enabled each satoshi – the smallest denomination of bitcoin, or one hundred millionth – to store a few megabytes of data,…
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