NFTs will make the art market more accessible to all

Jack Roberts
Mar 29 · 7 min read
What the non-fungible is going on?
In May 2007, Beeple set out to create a new work of art online every day. He hasn’t missed a day since, creating a new digital picture every day for 5,000 days straight, eventually making up EVERYDAYS: THE FIRST 5000 DAYS.

The art market’s fascination with non-fungible tokens, or NFTs, has reached a fever pitch. In March 2021, a piece of NFT (non-fungible token) artwork sold for US$69+ million at Christie’s. The work, EVERYDAYS: THE FIRST 5000 DAYS, is a collage of purely digital artwork created over 5,000 days by the digital artist Beeple. You can’t hang it on your wall. It is simply a bunch of pixels.