In 2018, Irish conceptual artist Kevin Abosch put his photograph, Forever Rose, on the NFT market. No physical photograph was ever sold. He created a token with the same name and that token represented his photograph. He divided it into ten shares, so ten people could own a fraction of the original token. He raised US$1 million dollars, which he then gave to charity. But it would be another few years before NFT photographs soared as a trend.
In October 2020, Mike Winkelmann, the digital artist known as Beeple, sold his first NFTs, a pair for US$66,666.66 each. In December, he sold a series for US $3.5 million. In February 2021, one of the NFTs that originally sold for $66,666.66 was resold for US$6.6 million. Then on March 11, 2021,…
