this post was submitted on 20 Aug 2023
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Web3 is here and it's glorious (lemmy.world)
submitted 1 year ago by [email protected] to c/[email protected]
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[–] [email protected] -1 points 1 year ago* (last edited 1 year ago)

The intrinsic value of any art is what someone is willing to pay for it.

For example the world’s most expensive NFT, The Merge by Pak, sold for $91.8 million. Its price was higher than the sale of Jeff Koon’s Rabbit, the most expensive artwork by a living artist at auction. It's all about personal tastes and how deep folks wanna dig in their pockets with this stuff.