Art sales rebound to record $2.7 billion

In March, US artist Beeple sold an NFT of his digital artwork ‘Everydays: The First 5,000 Days’ for $69.3 million to an Indian blockchain entrepreneur – the third-highest price ever achieved by a living artist. Banksy got in on the game shortly after, selling an NFT of his work ‘Morons’, which featured an auctioneer selling a painting with the inscription ‘I can’t believe you morons actually buy this shit’. It sold for around $380,000.