“EQUIVALENT VIII” by Carl Andre was a minimalist sculpture bought by Britain’s Tate Gallery in 1972. The Tate described the work as “a rectangular arrangement of 120 firebricks...altering the viewer’s relationship to the surrounding space”. The public called it a pile of bricks. A few years later newspapers execrated the gallery for having wasted brick-shaped wads of cash on the avant-garde work.
Christie’s sold the artwork as a “non-fungible token” , a craze for which has gripped Silicon Valley’s elite for the past few weeks. An NFT is a secure,that represents pieces of digital media. Invented only a few years ago, a token can link not only to a piece of digital art but to videos, music, text, memes or bits of code.
Since almost anything can be tokenised and sold if punters are willing, the craze stretches well beyond pictures. Kings of Leon, a rock band, is selling a new album as an NFT and the National Basketball Association is selling clips of famous dunks. Creators can turn to a growing collection of marketplaces, such as OpenSea and Nifty Gateway. Even individual tweets are going for substantial sums .
I just moved to your city, who wouldn't mind showing me interesting places?
👁️
bubble
New kind of money laundering?
My tweets could very well be worth a fortune and I have notified those Twitter to give serious attention to that possibility and to preserve and protect my Twitter feed (for over the past 5 years) in its entirety, for very legitimate, important reasons.
I hate these people.
are you trying to convince / incite / encourage me to gamble?
Is it becoming trendy yet, to engage in efforts to obtain NFTs? Or create them like this artist did, evidently.?
Nah..
No. Mine are worth nada.
Given the amount of followers I have, it is entirely possible 💸💸💸🪙🪙🪙
I just moved to your city, who wouldn't mind showing me interesting places?