Remember the great NFT hype of 2021-2022?
Nonfungible tokens, these digital verifications of ownership for unique digital assets on the blockchain, captured the attention of blockchain investors during this time. In 2021, artists sold their art in NFTs for millions of dollars, including Beeple, who sold one piece as an NFT for $69 million at prestigious auction house company Christie’s that March.
After this, celebrities began endorsing NFTs, with notably Paris Hilton promoting the Bored Ape NFT series on “The Tonight Show Starring Jimmy Fallon” in January 2022, which was deemed awkward by social media users when the clip went viral.
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