Why every major entertainment company will get into NFTs, according to the VC behind NBA Top Shot

Non-fungible tokens, or NFTs, have jumped into the mainstream recently. NFTs are digital assets that have been around since 2017, and in 2020 they became a $250 million market. Creators are already realizing the potential to make millions in the relatively new space. Grimes sold her digital collection for $5.8 million in a 20-minute auction. A Miami art collector sold a 10-second video for $6.6 million.