Drawing out value of digital art through non-fungible tokens

Questions remain over how investors should assess monetary worth of such assets.

Afdhal Rahman for The Straits Times

A digital non-fungible token, or NFT, artwork at Superchief Gallery NFT in New York. An NFT provides the equivalent of an authenticity certificate that permanently links a digital artwork to the artist who created it. PHOTO: EPA-EFE

Updated

Published

March 27, 2021 at 5:00 AM

SINGAPORE - If we were to list the most used keyboard functions in the world, copy and paste is bound to feature among the top few: Ctrl-C, Ctrl-V, and there you go - you have the exact replica of another digital file.

While it may take a lot of effort to create an interesting digital image, it is almost costless to replicate it.

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