Sean Ono Lennon — a British-American musician, songwriter and producer — has auctioned a tokenized digital illustration on nonfungible-token marketplace Rarible. According to Rarible data, Lennon sold a piece titled “Etharian 1” on Monday for 5.5 Wrapped Ether (WETH), worth about $3,200 at time of publication. The musician subsequently congratulated the new piece’s owner on Twitter: “Congrats @etyoung for winning the most important drawing ever drawn by anyone ever! May she treat you kindly in these winter months.” Lennon first announced his NFT auction on Sunday, noting that it was his first experience with NFT art, as well as his …
Darren Kleine, known to most by his handle DKleine, is an NFT artist with a decidedly specific niche — Zombies. We’re talking crypto zombies, political zombies, mustachioed Salvador Dali zombies. Zombies of all shapes, sizes, and orientations! If it’s green, dismembered, and loves the savory taste of a good brain, it’s ripe for tokenization (and charity) so far as Mr. Kleine is concerned. What started as a quasi-political statement just a few short months ago (his first zombie NFT was a decaying Donald Trump, still running for president in 2040) has now blossomed into a fully matured signature aesthetic. And …
Augmented reality artist Sutu is teaming up with Canadian DJ and producer deadmau5 to drop a 30-second audio-reactive artwork as a non-fungible token next week. The video, entitled In Titan’s Light is a 30-second loop paired with a section of the deadmau5 track SATRN. Sutu has worked on properties such the VR version of the Distracted Globe, an ‘80s-inspired nightclub from the movie Ready Player One, and he has worked with artists like John Legend and The Weeknd on Wave virtual concerts. He describes the scene as “a golden deadmau5 spacestation bathing in the twilight on the moon of Titan” …
A piece of interactive art by Micah Johnson, a former Major League Baseball player turned nonfungible-token artist, will spend the next month exhibited on a giant electronic billboard in Los Angeles. Micah Johnson’s “ˈsä-v(ə-)rən-tē” (pronounced “sovereignty”) was inspired by the Black Lives Matter movement and features two African American boys hoping to fulfill their dream of becoming astronauts. This is represented by a spacesuit behind a closed door. Each year on the boys’ birthdays, they move closer to the gradually opening door, depending on the amount of Bitcoin (BTC) donations made by holders of a nonfungible token version of the …
Digital-art trading platform SuperRare has launched two different timed auction formats to complement its existing fixed-price and open-offers sales. Early access began on Monday, with a number of special auctions featuring works by well-known digital artists being run to celebrate SuperRare Auction Week. Full public access to the auction features will become available on Dec. 14. The two new formats are scheduled auctions and reserve auctions, which are carried out fully on-chain, meaning auctions are noncustodial, secure and tamper-proof. Both the artwork, in the form of a nonfungible token, and the highest bid are held in a smart contract on …
As Bitcoin (BTC) momentum continues to grow, some people seem to prefer selling their belongings for cryptocurrency instead of fiat money. Jason Williams, a co-founder of Morgan Creek Digital, a dedicated digital asset investment business run by Morgan Creek Capital, sold his car for Bitcoin. Williams announced on Twitter that he sold his 2007 Chevrolet Suburban for 0.4 BTC, worth around $7,300 at publishing time. According to car shopper website Edmunds.com, a used 2007 Suburban costs around $7,000, while the new 2021 model costs over $50,000, according to Chevrolet's official website. Sold it for 0.4 BTC fwiw. Feels like I …
Cointelegraph is the most widely read cryptocurrency publication in the world — but even though we’re proud of our words, sometimes a picture is worth a thousand of them. Over the past seven years, our talented team of illustrators and graphic designers has created a unique, instantly recognizable visual identity. Cointelegraph illustrations are part of the mythos and lore of cryptocurrency today, and the accessibility, humor and sheer exuberance of our images have helped draw countless numbers of crypto converts into the industry. For the first time, we’re offering our readers the opportunity to purchase some of our illustrators’ unmistakable …
On Friday, Kevin Abosch — an Irish conceptual artist who was among the first to use blockchain technology as a medium — reported that a dastardly heist had been committed in one of his on-chain installations, an Ethereum wallet-turned-artwork titled "Stealing The Contents of This Wallet Is a Crime" (2018). In a Tweet the artist, whose work has been exhibited at The Hermitage, said that a CryptoKitty had been swiped from the freely-accessible address: Hi @CryptoKitties/@dapperlabs - Someone tipped me that "IAMA Kitty" was sitting in the #crypto wallet of my artwork "Stealing The Contents of This Wallet is a …
Nonfungible tokens are not a new phenomenon in the crypto space, as the emergence of blockchain technology has provided a useful base layer to create a sprawling economy for digital collectibles. Amid the growing appetite for digital art, in-game utility tokens and other forms of crypto collectibles, the NFT metaverse is experiencing a surge toward broad-based commercialization. Within the ecosystem lie numerous intersections among various industries such as arts and crafts, gaming, and virtual real estate. The 2020 decentralized finance hype has also helped to add more fuel to the NFT fire. Governance tokens and liquidity mining protocols appear to …
Currently worth $100 million, the nonfungible tokens industry is changing how the ownership and authenticity of digital assets are perceived. Leading entities in the gaming and blockchain world are already experimenting with NFTs in all sorts of ways. However, the primary goal is to prove the authenticity and ownership of digital items, which had proven difficult until the advent of blockchain technology. Through blockchain technology, digital assets can have unique identifiable attributes that make them rare and irreplaceable. On NFT marketplaces such as OpenSea, a multitude of projects are at work producing all sorts of creative and transferable NFT items. …
A former baseball player has created a non-fungible token, time-sensitive artwork piece that allows crypto holders to donate Bitcoin to enable two African American boys to fulfill their dreams. According to a representative for the artist, former Tampa Bay Rays player Micah Johnson, marketplace Async Art will be making NFT artwork available starting on Oct. 29. The NFT is programmed to show the effects that Bitcoin (BTC) donations will have on the two children, represented by a door opening wider with each passing year. Each year on the boys’ respective birthdays, a BTC QR code will appear directing all NFT …
Earlier this month, Christie’s auction house announced the sale of a digital portrait of the Bitcoin code for more than $130,000 when the first estimated price was $12,000–$18,000. It was the first time a nonfungible token was auctioned at one of the major auction houses for traditional art. One of the last events, Bridge to Metaverse, presented by Snark.art, showed tokenized artworks by both established and emerging contemporary artists. A group exhibition brought leading artists of our time — the Kabakovs, Kendell Geers, AES+F, Recycle Group and others — to the blockchain space, and a series of panel discussions worked …