![](https://thenational-the-national-prod.cdn.arcpublishing.com/resizer/v2/DVTDI3LVMZHLVB63MOGOUJBQE4.jpg?smart=true&auth=a373ce2329ff623cbe8f8487ba20d096b57c5e5b6e3bfc9083c40aea1d3fe0fd&width=400&height=225)
Dolce & Gabbana unveiled its first NFT collection in Venice in August. Photo: Dolce & Gabbana
![](https://thenational-the-national-prod.cdn.arcpublishing.com/resizer/v2/64BOYERNXBCE7ALEAFOKDHY7CY.jpeg?smart=true&auth=839c77b6204079c89a851d726c6bc9ebfd1a85fcc36402f4378ba4a76318eb42&width=400&height=225)
Lindsay Lohan released a single called 'Lullaby' as an NFT in May 2021. Photo: FansForever
![](https://thenational-the-national-prod.cdn.arcpublishing.com/resizer/v2/CSISS5Y2LJG4B7L7NPUUPGMHGA.jpg?smart=true&auth=b32c5eb351b71303caf0148ed7aacff3db812d6809c35f9c3c778afdbc2ab056&width=400&height=225)
Blockchain entrepreneur Vignesh Sundaresan shows the NFT 'Everydays: The First 5,000 Days' at his home in Singapore. The programmer's purchase of the NFT for $69.3 million highlights how virtual work is establishing itself as a new creative genre. Photo: AFP
![](https://thenational-the-national-prod.cdn.arcpublishing.com/resizer/v2/LDU2AAJSVH7M5277DNKVKBLGKI.jpg?smart=true&auth=379826e07e4921ca02622c8eeffcca80a2d11ae10e6f84a9f59437d0d327068c&width=400&height=225)
A digital collage by the American artist Beeple sold for a record $69.3 million, Christie's announced in March 2021. 'Everydays: The First 5,000 Days' is the most expensive NFT – non-fungible token, or collectible digital asset transformed using blockchain into something ownable – ever sold. Photo: AFP
![](https://thenational-the-national-prod.cdn.arcpublishing.com/resizer/v2/JOQDE5INT5HQTBCEPNQ3I3B26U.jpeg?smart=true&auth=d11d9a3f891341db64cbce1fd7873bb102a3bcf4bb127e4c3cbd52fedb05bf45&width=400&height=225)
Twitter co-founder and chief executive Jack Dorsey sold his first tweet as an NFT for nearly $3 million. Screengrab
![](https://thenational-the-national-prod.cdn.arcpublishing.com/resizer/v2/44BX2FQEIOHOW4YMKM7BWLSVQI.jpg?smart=true&auth=0884115ca7eb1a28256dc85169d83232daac082113ca0a87e84a0e77e7b17059&width=400&height=225)
Gucci has launched virtual and augmented reality sneakers as NFTs. Photo: Gucci
![](https://thenational-the-national-prod.cdn.arcpublishing.com/resizer/v2/OVZASXGEGQICVFFSJIPV3A2DGM.jpg?smart=true&auth=ae0b67bab66319d515cf5fcb028fc4391a4be94e7556475856aa13e5feab3cd4&width=400&height=225)
Artist Krista Kim sold the world's first NFT house for more than $500,000 in March this year. Photo: Krista Kim
![](https://thenational-the-national-prod.cdn.arcpublishing.com/resizer/v2/NUWMLODXYDFOYT4H6TFXOLEIVI.png?smart=true&auth=6a07ad286c67d227fcb0975995c4269b60d71ea2456850f42a1cda9d4b2b0ab5&width=400&height=225)
Ben Lewis's 'Salvator Metaversi' is an NFT inspired by Leonardo Da Vinci's 'Salvator Mundi'. Photo: Ben Lewis
![](https://thenational-the-national-prod.cdn.arcpublishing.com/resizer/v2/OCDEJSG2EZANRMETBH2X4HCYKM.jpeg?smart=true&auth=67b59a85ea57e7b5f0a85036c723b424b0c89e794a5ab4d3e617f8363dc3d62c&width=400&height=225)
Sir Tim Berners-Lee, the father of the internet, sold the source code for the worldwide web as an NFT for $5.4 million on Sotheby’s in June. Photo: Sotheby's
![](https://thenational-the-national-prod.cdn.arcpublishing.com/resizer/v2/DVTDI3LVMZHLVB63MOGOUJBQE4.jpg?smart=true&auth=a373ce2329ff623cbe8f8487ba20d096b57c5e5b6e3bfc9083c40aea1d3fe0fd&width=400&height=225)
Dolce & Gabbana unveiled its first NFT collection in Venice in August. Photo: Dolce & Gabbana
![](https://thenational-the-national-prod.cdn.arcpublishing.com/resizer/v2/64BOYERNXBCE7ALEAFOKDHY7CY.jpeg?smart=true&auth=839c77b6204079c89a851d726c6bc9ebfd1a85fcc36402f4378ba4a76318eb42&width=400&height=225)
Lindsay Lohan released a single called 'Lullaby' as an NFT in May 2021. Photo: FansForever
![](https://thenational-the-national-prod.cdn.arcpublishing.com/resizer/v2/CSISS5Y2LJG4B7L7NPUUPGMHGA.jpg?smart=true&auth=b32c5eb351b71303caf0148ed7aacff3db812d6809c35f9c3c778afdbc2ab056&width=400&height=225)
Blockchain entrepreneur Vignesh Sundaresan shows the NFT 'Everydays: The First 5,000 Days' at his home in Singapore. The programmer's purchase of the NFT for $69.3 million highlights how virtual work is establishing itself as a new creative genre. Photo: AFP
![](https://thenational-the-national-prod.cdn.arcpublishing.com/resizer/v2/LDU2AAJSVH7M5277DNKVKBLGKI.jpg?smart=true&auth=379826e07e4921ca02622c8eeffcca80a2d11ae10e6f84a9f59437d0d327068c&width=400&height=225)
A digital collage by the American artist Beeple sold for a record $69.3 million, Christie's announced in March 2021. 'Everydays: The First 5,000 Days' is the most expensive NFT – non-fungible token, or collectible digital asset transformed using blockchain into something ownable – ever sold. Photo: AFP
![](https://thenational-the-national-prod.cdn.arcpublishing.com/resizer/v2/JOQDE5INT5HQTBCEPNQ3I3B26U.jpeg?smart=true&auth=d11d9a3f891341db64cbce1fd7873bb102a3bcf4bb127e4c3cbd52fedb05bf45&width=400&height=225)
Twitter co-founder and chief executive Jack Dorsey sold his first tweet as an NFT for nearly $3 million. Screengrab
![](https://thenational-the-national-prod.cdn.arcpublishing.com/resizer/v2/44BX2FQEIOHOW4YMKM7BWLSVQI.jpg?smart=true&auth=0884115ca7eb1a28256dc85169d83232daac082113ca0a87e84a0e77e7b17059&width=400&height=225)
Gucci has launched virtual and augmented reality sneakers as NFTs. Photo: Gucci
![](https://thenational-the-national-prod.cdn.arcpublishing.com/resizer/v2/OVZASXGEGQICVFFSJIPV3A2DGM.jpg?smart=true&auth=ae0b67bab66319d515cf5fcb028fc4391a4be94e7556475856aa13e5feab3cd4&width=400&height=225)
Artist Krista Kim sold the world's first NFT house for more than $500,000 in March this year. Photo: Krista Kim
![](https://thenational-the-national-prod.cdn.arcpublishing.com/resizer/v2/NUWMLODXYDFOYT4H6TFXOLEIVI.png?smart=true&auth=6a07ad286c67d227fcb0975995c4269b60d71ea2456850f42a1cda9d4b2b0ab5&width=400&height=225)
Ben Lewis's 'Salvator Metaversi' is an NFT inspired by Leonardo Da Vinci's 'Salvator Mundi'. Photo: Ben Lewis
![](https://thenational-the-national-prod.cdn.arcpublishing.com/resizer/v2/OCDEJSG2EZANRMETBH2X4HCYKM.jpeg?smart=true&auth=67b59a85ea57e7b5f0a85036c723b424b0c89e794a5ab4d3e617f8363dc3d62c&width=400&height=225)
Sir Tim Berners-Lee, the father of the internet, sold the source code for the worldwide web as an NFT for $5.4 million on Sotheby’s in June. Photo: Sotheby's
![](https://thenational-the-national-prod.cdn.arcpublishing.com/resizer/v2/DVTDI3LVMZHLVB63MOGOUJBQE4.jpg?smart=true&auth=a373ce2329ff623cbe8f8487ba20d096b57c5e5b6e3bfc9083c40aea1d3fe0fd&width=400&height=225)
Dolce & Gabbana unveiled its first NFT collection in Venice in August. Photo: Dolce & Gabbana
Dubai Police embrace NFT trend with release of digital token collection
The move to release 150 non-fungible tokens is in line with Dubai's efforts to cement itself as a key player in emerging digital markets
![Salam Al Amir](https://thenational-the-national-prod.cdn.arcpublishing.com/resizer/v2/https%3A%2F%2Fs3.amazonaws.com%2Farc-authors%2Fthenational%2F14cf208b-b6e1-4168-b2d6-fc412e925845.png?smart=true&auth=e3387949bf35bf75999cb80683180b835359c18c3a7854732b369d5d38909e7d&width=70&height=70)
Salam Al Amir
04 April, 2022
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