nft
Seattle (AFP) - A museum dedicated to NFTs -- the blockchain-based creations that have taken the artworld by storm -- has opened its doors in the United States. The Seattle NFT Museum features original artworks along with explanations of the technology behind them, and is intended to help visitors navigate the new world of Non-Fungible Tokens. "The point of a physical space is to make it easier for anyone to access," museum co-founder Peter Hamilton told AFP. "You can walk in here, and depending on how much you know or don't know about digital art, about NFTs, it doesn't really matter, because...
AFP
Washington (AFP) - Former US first lady Melania Trump on Thursday launched her own NFT platform, the latest public figure to join the crypto boom. A non-fungible token (NFT) is a digital object that can be a drawing, animation, piece of music, photo, or video with a certificate of authenticity created by blockchain technology. This authentication by a network of computers is considered inviolable. A portion of the proceeds from Melania Trump's NFT collection will be used to help children in foster care. "I am proud to announce my new NFT endeavor, which embodies my passion for the arts, and wi...
AFP
New York (AFP) - The first non-fungible token (NFT) ever created sold at auction on Thursday for $1.47 million, Sotheby's said, the latest sale in the technological revolution sweeping the art market. The auction house also sold a pixelated digital figure known as a CryptoPunk for $11.7 million, making it the second most expensive NFT to date. "Quantum," an octagon-shaped animation by New York artist Kevin McCoy, became the first work to be associated with an NFT-type certificate of ownership in May 2014, three years before the term NFT was coined. An NFT is a digital object such as a drawing,...
AFP
San Francisco (AFP) - Another classic piece of internet culture has been auctioned off for a six-figure sum, the latest viral sensation from the 2000s to be eagerly snapped up by digital collectors of "non fungible tokens" or NFTs. The home video "Charlie Bit My Finger" sold for almost $761,000 on Sunday, the 14th anniversary of its debut. In the 55-second YouTube clip from 2007, a British toddler named Harry holds his baby brother Charlie. But the adorable domestic scene takes a sudden turn when Harry puts his pointer finger into his brother's mouth, and to his surprise, Charlie clamps down, ...
AFP
New York (AFP) - The technology is behind a piece of digital art auctioned for $69.3 million on Thursday and the sale of Jack Dorsey's first tweet -- so-called NFTs have set off a revolution in collectables. What is an NFT, and why are they causing such a stir? What is an 'NFT' ?A non-fungible token (NFT) is a digital object that can be a drawing, animation, piece of music, photo, or video with a certificate of authenticity created by blockchain technology. This authentication by a network of computers is considered inviolable. The virtual object, which is actually a computer file, can be exc...
AFP
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