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The dynamic realm of Non-Fungible Tokens (NFTs) continues to captivate and evolve, overcoming recent challenges to herald an anticipated era of substantial growth. Despite adversities like workforce reductions at OpenSea, projections indicate a robust surge from $1.6 billion in 2023 to a staggering $3.2 billion by 2027. This comprehensive exploration delves into the multifaceted aspects of the current NFT market, shedding light on key indicators, transformative potentials, re

The world's most expressive painting goes digital Salvator Mundi, renowned as the world's most valuable painting, is poised for a transformation into a Non-Fungible Token (NFT). The painting, which depicts Jesus Christ holding a crystal orb, generated a historic $450.3 million sale at Christie's in New York, setting an unprecedented record for auction prices. As of the present moment, the precise location of the artwork remains undisclosed. The Evolution of 'Salvator Mundi' i

Artist Kevin McCoy, known for his creation of the first NFT, has successfully defended his ownership of the token in a lawsuit which could form an important precedent. Kevin McCoy, Quantum (2014). Image courtesy Sotheby's. Artist Kevin McCoy, known for his creation of the first NFT, has successfully defended his ownership of the token in a lawsuit filed against him and auction house Sotheby's. The suit, filed by an anonymous plaintiff represented by Canadian holding company