Things to know about Thailand’s first-ever digital art festival at ICONSIAM

NFTs are the “it” thing in the art world right now, with seemingly everyone from established artists to big brands and sports leagues jumping on the trend. The word “NFT” was even named the “World of the Year 2021” by Collins Dictionary. 

If for the very unlikely reason that you don’t know what an NFT is, they are essentially crypto tokens attached to pieces of digital media that verify the uniqueness and ownership of the item — they are “non-fungible”, meaning it is not possible to make a copy. While they are most often used for jpegs of static digital art, NFTs can technically be anything. 

Once the world realized that digital assets could be made unique by minting NFTs, a massive windfall of auctions and trades created a now-booming market. For instance, the first-ever tweet of Jack Dorsey, a Twitter co-founder, was sold for US$2.9 million and…