Before the age of smartphones allowed the average person on the street to snap a selfie with their favorite celebrity, autographs and signed memorabilia were highly sought after by collectors. Naturally, the value of these real-world, authentic and rare keepsakes are high and remain so today.
However, thanks to the utility of blockchain technology, digital collectibles are becoming the modern-day autograph or the one-of-a-kind, priceless piece of art. People need to look no further than the $69 million paid at auction for the now-famous “Everydays: The First 5000 Days,” a digital collage created by digital artist Mike Winkelmann, better known as Beeple.
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