Pak is our New Picasso
A series of digital artworks created by an enigmatic artist who goes by the pseudonym Pak sold for more than $17 million during a three-day sale that ended Wednesday. The sale, capped by a marathon, three-way bidding war for one work that stretched over an hour, was conducted by the digital platform Nifty Gateway and auction house Sotheby’s the house’s first foray into the booming market for nonfungible tokens, or NFTs.
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