A crypto art piece made as a joke by The New York Times just sold for more than $560,000 in 24 hours
- The New York Times minted a column as an NFT.
- The crypto art piece sold for more than $560,000 on Foundation’s marketplace.
- The columnist who minted the piece said it was part of an experiment by the publication.
The New York Times sold a crypto art piece for more than half a million dollars in a 24-hour auction on Thursday.
The piece created as a non-fungible token, or NFT, was a part of a project by the publication making light of how people have begun selling art and memes as NFTs for seemingly absurd sums of money.