The $1 billion market for non-fungible tokens has seemingly come out of nowhere to capture the imagination of artists and blockchain enthusiasts all over the world.
While the projects range from eight-bit pixelated portraits to elaborate ink and paint creations, what they all have in common is the behind-the-scenes start-up Alchemy.
The San Francisco-based company was founded in 2017 by Nikil Viswanathan and Joe Lau and only opened to general, rather than private, customers in August.
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