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NFTs are the hottest ticket in crypto, breaking into the mainstream thanks to headlines about multi-million dollar art sales from creators like Beeple. Celebrities have jumped on the trend, with Janet Jackson, Eminem and Mick Jagger among the most recent to issue their own NFT collections.
Any trend in crypto comes with the inevitable warnings that it’s all just one big bubble. However, the fact that old art market stalwarts like auction house Christie’s swiftly moved into the NFT space is a powerful sign