Should You Buy a Bitcoin-Inspired Image of Lindsay Lohan?
Crypto artworks featuring the likes of Biden, Trump and a cartoon cat are all the rage. Here’s what you should know about such collectibles, called NFTs.
Great art usually defies easy explanation. Perhaps that’s why it’s seemingly inexplicable that the surge in Bitcoin and other cryptocurrencies has given rise to its own world of masterworks.
Lindsay Lohan starred in a beloved piece of art — “Mean Girls” — 17 years ago, but these days she’s minting and selling her image for thousands of dollars through another artform: non fungible tokens, or unique digital collectibles. Musician Grimes (and partner of Bitcoin fan and mega-billionaire Elon Musk), Dallas Mavericks owner Mark Cuban as well as scores of other famous and non-famous people around the world are getting in on the action around such NFTs.