2min chapter

Cautionary Tales with Tim Harford cover image

Andy Warhol's Factory of Truth

Cautionary Tales with Tim Harford

CHAPTER

Beeple and the 70 Million Dollar Cryptographic Token

Beeple is a digital artist who has been creating digital art and posting it on the web every day for quite a while. He's created this brand value he's got people's attention but then Beeple announced that he was selling an NFT, a non-fungible token asserting ownership of an artwork. That cryptographic token sold for nearly 70 million dollars. I would love to ask Andy Warhol what he makes of it all but I can't askAndy Warhol because he's no longer with us.

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