Is the ‘Will Smith Slap’ NFT a new low for crypto?

It took less than a day for an NFT to appear of the Will Smith slap against Chris Rock at this year’s 94th Academy Awards ceremony. The Will Smith Slap DOA is on NFT marketplace OpenSea and has 721 owners, earning $45k in one day, and it feels like a new low point for meme NFTs.

You’ll be looking at this media moment and wondering what is an NFT? The rise of non-fungible tokens, the ability to register digital and real life items on a blockchain to record scarcity, has risen in popularity in recent years. We have guides to NFT trends, NFT marketplaces and NFT gaming to help you navigate this new phenomenon.

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