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.