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Radio France Internationale
Radio France Internationale
National
Sarah Elzas

What's a non-fungible token and should the French art world be worried?

Digital art at the Goldshteyn-Saatort gallery in Paris, November 2021. © Goldshteyn-Saatort gallery

An art gallery in Paris is showing and selling things called non-fungible tokens of digital art. Basically, the buyer gets a code for his money, and that code gives him unique individual access to a work of art. Will NFTs, as the codes are called, become the next big thing in the art world, or are they just a speculative tool to make money – or both?

Gaspard Tertrais discovered the world of cryptoculture during the first Covid lockdown in the spring of 2019, when he was sitting at home in the western city of Angers, looking for a way to invest the money he was saving by not going out drinking with his friends.

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