People will pay $ 11.75 Million for a jpg NFT these days

People   will pay over 11  million USD  for a jpg NFT ... but they won’t pay $100 for an original oil painting on canvas….  

Lol ….  😝 

It’s crazy. 

>And then there are the CryptoPunks, which have started selling at Christie’s and Sotheby’s—four have sold for millions of dollars, led by a masked alien punk that fetched $11.75 million at Sotheby’s first curated NFT sale earlier this month.

Source : https://news.artnet.com/market/updated-most-expensive-nfts-1980942
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Large 10’ oil painting …   $ 130  

 

Source: https://www.etsy.com/ca/listing/1084684611/extra-large-120-inch-animal-painting?ga_order=most_relevant&ga_search_type=all&ga_view_type=gallery&ga_search_query=oil+painting+on+canvas&ref=sc_gallery-1-9&frs=1&cns=1&plkey=acd84ffe10962971ac0ddf815627f02de7afe069%3A1084684611