Sotheby’s last week auctioned off the first fine art NFT ever created, a landmark moment in the transformation of art from the physical to the digital. The winning bid was nearly $1.5 million.Axios Re:Cap goes deeper, to understand how the fine art and cryptocurrency worlds are colliding, including a conversation with Kevin McCoy, the artist whose work was just auctioned off. Learn more about your ad choices. Visit <a href="https://megaphone.fm/adchoices">megaphone.fm/adchoices</a>

Axios Re:Cap

Selling the first-ever NFT

Each weekday afternoon, Axios unpacks the biggest story of the day and why it matters. We'll take you inside the accelerating forces, technologies and trends that are remaking your world and work. About Axios: Axios is a digital media company launched in 2017. Axios - which means “worthy” in Greek - helps you become smarter, faster with news and information across politics, tech, business, media, science and the world. Subscribe to our newsletters at axios.com/newsletters and download our mobile app at axios.com/app. Axios Re:Cap is on hiatus until October 2021.