https://www.theguardian.com/artanddesign/2021/may/19/its-chaos-for-a-lot-of-people-what-is-the-future-of-nfts-in-australian-art

While many players in more traditional fine art circles feel ill-equipped to deal with the digital art trend, some contemporary art enthusiasts are going all in

In 1962, the French neo-avant-garde artist Yves Klein began dealing in what he declared to be Zones of Immaterial Pictorial Sensibility. In exchange for a sum of solid gold, Klein would imbue a patch of thin air with his artistic aura and provide a receipt. One such “zone” was bequeathed to the Los Angeles County Museum of Art where it exists only as a photograph of the transaction, taken as the receipt was set ablaze and half the gold tossed into the Seine. In postwar Europe, such high-minded (Klein was an amphetamine addict, as well as a provocateur) artistic experiments both raised eyebrows and opened wallets.