The non-fungible token (NFT) fad continues to roll along. For those unfamiliar with NFTs; they are pieces of media created on blockchain (like cryptocurrency) to ensure that each piece of digital media created is unique and impossible to edit or copy.
NFT artwork, or ‘CryptoArt’, is collected, traded and sold like baseball cards. Some NFTs have recently sold for tens of millions of dollars. Creating CrypoArt requires enormous banks of computer servers, which consume incredible amounts of energy. Many conservation groups have raised concerns about NFTs and the damage that they do to the environment.
According to TMZ Triller, who burst onto the celebrity boxing scene last year, are selling an NFT that shows Jake Paul’s KO of Nate Robinson from last November, for $10 million.