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The new art discipline has started to attract huge interest among art collectors, even with more significant price tags at auctions. For example, US artist and programmer Robbie Barrat, 22 years old, sold a work “Nude Portrait#7Frame#64” at Sotheby’s in 2022 for £630,000 or $821,000. It happened four years after French collective Obvious sold work at Christie’s titled “Edmond de Bellamy” for $432,500.

Meta CEO Mark Zuckerberg announced that the company is launching a digital designer clothing store called the "Meta Avatars Store." Zuckerberg made the announcement during an Instagram Live with Instagram's vice president of fashion partnerships Eva Chen. It's unknown how many people will actually want to fork out money to dress up their avatars in designer clothing, but Zuckerberg sees the new fashion clothing options as a way for users to express themselves via their avatars.

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Web3 has become a catch-all term for the vision of a new, better internet

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