When I began my quest to understand NFTs, I did not think I would end up buying one. Yet there I was, scanning a QR code with my phone in the middle of an art exhibit, spending $69 of my own real money to be the proud owner of a jpeg. The image, named Independence, is of a sculpture of the Statue of Liberty surrounded by a pair of metallic snakes, designed by an artist who goes by the name Fvckrender. (He may be a big deal in the NFT art world, but I still had to bleep out his name in my video.)
For three days I ran around a New York City NFT convention, toured physical NFT art galleries and spoke to the artists and entrepreneurs building this new realm of digital property — and of course, tried to understand what people even do with their NFTs. I learned NFTs are much more than collecting overpriced cartoons of bored apes using cryptocurrency — although there are plenty of people trying to get rich off various pixelated animal heads.
![Bridget Carey scanning a QR code to buy an NFT called Independence.](https://www.cnet.com/a/img/resize/16ed20dbb7c707ad503898c25e1475fca2689fd8/2022/08/17/62ee4d5d-8b76-41b5-8631-261ebe943c3c/nft-2.jpg?auto=webp&width=1200)
Look, Ma, no crypto. In learning about NFT Art, I find myself buying a piece by scanning a QR code and entering my credit card number — as easy as buying shoes online. But what do you do with digital art?
Candice Greene/CNET
This new way of buying and selling digital property is — no question about it — absolutely wacky. A lot of it is also problematic. Yet to my surprise, while immersing myself, I found a side of it all that is almost hopeful and inspiring in its potential for the art world, and I learned what it will take for NFTs to be part of our everyday lives.
You can follow my quest to understand NFT art in the video embedded above.