Selling and reselling real Art?
Picasso's Descendants to Sell More Than 1,000 NFTs Linked to Never-Before-Seen Ceramic Work
By The Washington Post, January 31, 2022
Pablo Picasso's descendants plan to auction off more than 1,000 digital pieces representing a previously unseen ceramic work by the Spanish artist.
The non-fungible tokens (NFTs) are connected to a ceramic piece the artist created in October 1958. Purchasers will not own the ceramic or rights to images of it; they will be buying digital tokens, unique digital representations of the piece that certify their authenticity, Florian Picasso, his great-grandson, said, "We're trying to build a bridge between the NFT world and the fine art world."
The NFTs will be accompanied by music compiled by Florian Picasso, songwriter John Legend, and rapper Nas. A portion of the proceeds of the auction are to be donated to charity.
No comments:
Post a Comment