In 2015, the concept of nonfungible tokens was created. It gained some momentum in 2017 with many digital collectibles such CryptoPunks as EtherRock.

NFTs got early traction among premier sports clubs but burst into mainstream popularity after digital artist Beeple’s artwork was sold as an NFT available for more than $69 millions. Beeple attracted the attention of the whole world and became a significant movement within the NFT community.