The Quintessential Use Case for NFT in Cyberspace

The quintessential use case for NFTs in cyberspace or in web 3 as proponents call it is has been art historically in recent years. One of the highest profile and most well known collections of artwork and FTS are the crypto punks. They have a huge premium and they exchange hands for in excess of 10 million US dollars. And then there are individual art. So there's a crypto or an NFT artist called Beeple who sold an artwork or every day the first 5,000 days. Based on artwork he created I think every day for 5,000 Days. And that sold for almost 70 million pounds at Christie's in 2021.