As South African artist Fhatuwani Mukheli paints a portrait of a woman at his Johannesburg studio, he is creating not only the work before him but also a digital asset destined to adorn a virtual world. Mukheli uses The Tree, an online marketplace for South African artists to promote and sell their art as non-fungible tokens (NFTs). "There's a virtual world where people are buying land in it," said Mukheli, referring to the metaverse, a three-dimensional digital reality that tech giants like Microsoft and Facebook say is the future of the internet. A view of few exhibits at Trevor Stuurman's art exhibition titled " A Place Called Home" in Parktown, a suburb of Johannesburg, South Africa, May 19, 2022. REUTERS/Siphiwe Sibeko "People have properties there ... and your art can b...
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