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NFTs and Art, Neuralink, Preserving Endangered Foods. May 14, 2021, Part 2
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What’s Behind The Blockchain-Based Art Boom? From multi-million dollar art sales to short NBA video clips, non-fungible tokens have taken off as a way to license media in the digital realm. The blockchain-based tokens, which function as a certificate of ownership for purchasers, produce a dramatic amount of carbon emissions and aren’t actually new—but in the first quarter of 2021, buyers spent $2 billion dollars purchasing NFTs on online marketplaces. Writers, musicians, and artists are all now experimenting with them, and big brands are also jumping on the bandwagon. Ira talks to Decrypt Media editor-in-chief Dan Roberts, and LA-based artist Vakseen about the appeal, and how NFTs are…