Non-fungible tokens take No 1 spot in influential art world power list

ERC-721’s topping of ArtReview’s Power 100 is first time a non-human entity has led list

The non-fungible token or NFT has taken the No 1 spot in the annual ranking of the contemporary art world’s most influential movers and shakers – marking the first time a non-human entity has topped the list.

ERC-721, the specification for the “non-fungible token” on the Ethereum block-chain, tops the 20th Power 100 list published by ArtReview, after a year in which it upended the art market by bringing together contemporary art and millennial meme culture.

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