How a JPEG Photo Sold For $69 Million Dollars — NFT Mania

Adam Aya
DataDrivenInvestor
Published in
3 min readMar 11, 2021

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Until late 2020, the most Beeple, a digital artist, had ever sold a print for was $100. He just netted $69.3 million at Christie’s auction.

Photo by Nelson Estevão on Unsplash

For those not familiar with the word NFT, this might come as a shock. How can someone sell a JPEG file for such a high figure? The answer is Non-Fungible Tokens. This is the latest tech craze which has boomed in popularity in…

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