FILE PHOTO: Still from video, "Year 4, Age 17 ? His Name Is Victor", by artist FEWOCiOUS, due to be sold as an NFT at Christie's auction house, is pictured in this handout obtained on June 14, 2021. Courtesy of Christie's Images Ltd. 2021/Handout via REUTERS
LONDON/NEW YORK (Reuters) - A Christie's auction of non-fungible tokens (NFTs) and physical artwork by 18-year-old transgender artist FEWOCiOUS fetched $2.16 million, Christie's said on Wednesday, the latest sign of appetite among art collectors for blockchain-based assets.
An NFT is a form of crypto asset https://www.reuters.com/article/crypto-currency-nft-idCNL4N2LE3VG which uses blockchain to record the ownership status of digital objects, such as images, videos and text. While anyone can view the item, only the buyer of an NFT has the official status of being its owner.
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