Nonfungible tokens (NFT), which were first created in 2015, gained some popularity in 2017, when prominent digital collectibles like CryptoPunks or EtherRock began to be made.

NFTs got early traction among premier sports clubs but burst into mainstream popularity after digital artist Beeple’s artwork was sold as an NFT over $69 Million. Beeple caught the eye of the entire world, and was a major movement in the NFT ecosystem.