I get a couple of “art news” sites in my news feed, and the latest fad in the art world is the “NFT” or Non Fungible Token.
This is (as I understand it) rendering an original work of some sort into digital form, and destroying the original... The digital file is then “authenticated” through some sort of block-chain service and sold, usually at auction.
For a lot of money.
One that made the news is the “first tweet” by Twitter founder Jack Dorsey:
https://www.rollingstone.com/culture...rency-1138401/
One of Banksy’s works has been so treated as well. Interestingly, it was the one that showed an art auction with a framed captions... “I can’t believe you morons buy this.”
This is (as I understand it) rendering an original work of some sort into digital form, and destroying the original... The digital file is then “authenticated” through some sort of block-chain service and sold, usually at auction.
For a lot of money.
One that made the news is the “first tweet” by Twitter founder Jack Dorsey:
https://www.rollingstone.com/culture...rency-1138401/
One of Banksy’s works has been so treated as well. Interestingly, it was the one that showed an art auction with a framed captions... “I can’t believe you morons buy this.”
via International Skeptics Forum https://ift.tt/3qzjn39
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