Is Digital Art The Next Thing To Invest In? | Money Mind | CNA Insider | NFT Boom

Is Digital Art The Next Thing To Invest In? | Money Mind | CNA Insider | NFT Boom

The first tweet by Jack Dorsey, CEO of Twitter was sold for US$2.9 million. A digital collage by the artist Mike Winkelmann, known as Beeple, was sold for US$69 million. But the individuals who bought these digital items received nothing tangible back. Instead, they got a digital token, known as an NFT or non-fungible token. Find out why people are paying millions for digital art.

#Investing #DigitalArt #Cryptocurrency #NFT

Anndy Lian is an early blockchain adopter and experienced serial entrepreneur who is known for his work in the government sector. He is a best selling book author “Blockchain Revolution 2030”.

Currently, he is appointed as the Chief Digital Advisor at Mongolia Productivity Organization, championing national digitization. Prior to his current appointments, he was the Chairman of BigONE Exchange, a global top 30 ranked crypto spot exchange and was also the Advisory Board Member for Hyundai DAC, the blockchain arm of South Korea’s largest car manufacturer Hyundai Motor Group. Lian played a pivotal role as the Blockchain Advisor for Asian Productivity Organisation (APO), an intergovernmental organization committed to improving productivity in the Asia-Pacific region.

An avid supporter of incubating start-ups, Anndy has also been a private investor for the past eight years. With a growth investment mindset, Anndy strategically demonstrates this in the companies he chooses to be involved with. He believes that what he is doing through blockchain technology currently will revolutionise and redefine traditional businesses. He also believes that the blockchain industry has to be “redecentralised”.

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