When it comes to a virtual reality experience, the Decentraland project has taken a big step. Founded by Esteban Ordano in 2015, this decentralized virtual platform allows its users to monetize their digital assets, create new assets and services, and experience the work and digital property of others in a virtual world.
Crypto art sales have skyrocketted! Blockchain technology has enabled people to spend millions of dollars on digital-only artworks, otherwise known as NFTs. Beeple has recently sold his ‘Everydays: The First 5000 days’ piece for a record-breaking $69.3 million.