should we bet on virtual artworks?

NFTs (“non-fungible tokens”, or non-fungible tokens) have only been around for four years, but their success has been dazzling. In 2021, almost $45 billion was traded. These are certificates of ownership of assets, usually digital (drawings, photos, videos), but also tangible goods (for example, bottles of wine or spirits). They guarantee the authenticity of the property and contain essential information about it, such as the date of creation, the history of transactions, their amounts and transfers of ownership.

NFTs are very commonly used in the world of art, luxury or fashion, so much so that due to misuse of language, the work itself or the property with which it is associated is called NFT. Some are traded for astronomical amounts, such as NFT Pak’s Clock, an image of a clock created by artist Pak and whistleblower Julian Assange that counts down the number of days the latter has been imprisoned. She…