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In this way, the art is only one, albeit important, element in the value of the NFT. While Bonello’s work was a one-of-a-kind painting, it’s not what’s being auctioned off. “ETH in Mellieha” is more than a digital art NFT, and it demonstrates how art can be integrated to create a wider, unique experience for the buyer around asset transfers – it’s that experience itself that’s under the gavel.