The record-setting NFT auction is generating significant discussion about art, crypto and the state of the macro economy.

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Everyone paying attention knew that Beeple’s Christie’s auction was likely going to set a new high-water mark for non-fungible token (NFT) sales. Fewer would have guessed that it would lead to the third-highest auction price for a living artist in history.

On this episode, NLW breaks down:

  • How interest in NFTs is at an inflection point
  • Why it’s not just digital art but sports collectibles as well
  • How the traditional collectibles markets are also exploding
  • Why people think growing NFT prices might be a sign of an everything bubble

See also: Bitcoin Isn’t Acting Like Stocks, Stocks Are Acting Like Bitcoin

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