NFT sales surge as younger buyers ride wave seen as bubble by sceptics

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NFT sales surge as younger buyers ride wave seen as bubble by sceptics
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NFT sales surge to $1.9 billion in August on OpenSea platform, more than ten times March's $148 million, as speculators bet growing interest will keep prices rising

A television crew is seen next to NFT"CryptoPunk #7523", a series of 10,000 unique pixel-art characters made by Larva Labs in 2017, in New York City, US on June 4, 2021.

Another NFT of an abstract digital artwork sold for 1,000 ETH on Monday having been sold for 0.58 ETH in June. Earlier this month, he bought an NFT of a cartoon penguin for around $139 worth of ether, then sold it four days later for around $3,956, according to Etherscan.

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