A Beginner's Guide to NFTs

Business and art blend every time Wendy Cromwell writes her highly anticipated column for Sophisticated Living. In our March/ April issue, she pens an article about NFTs and how the digital art world is rapidly expanding.

We know Sophisticated Readers are always on the lookout for what is new and next in all realms – especially in art. A buzz word we’ve all been hearing a lot lately? Non-Fungible Token (NFT). According to Cromwell, “an NFT is a unique digital asset that can be a digital image of almost anything, including a physical work of art.” Whether you’re an expert or a novice in the world of NFTs, we all can recognize the Bored Ape, pictured below, as the unofficial mascot of NFTs.

On February 24th, the Wall Street Journal published an article “What Makes Bored Ape NFTs So Desirable?”. The WSJ notes the prominence of purchasing this specific type of NFT - popular among celebrities like Justin Bieber and Gwyneth Paltrow - and explains how you can get into the NFT game… Perfect timing with the release of our March/ April issue.

To read “The Art World Now (In Five Hot Takes)” from Wendy Cromwell, click here: https://issuu.com/sophisticatedliving/docs/slsl_m-a_2022/s/14944722

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