Damien Hirst Takes High Art to the Crypto Market

  • 📰 papermagazine
  • ⏱ Reading Time:
  • 49 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 23%
  • Publisher: 53%

Deutschland Nachrichten Nachrichten

Deutschland Neuesten Nachrichten,Deutschland Schlagzeilen

These jpegs just called me poor

NFTs, meaning"non-fungible tokens," are intended to be talked about. The appeal lies in the conversation surrounding them, as the owner of the NFT is the sole possessor of the item, cementing their role in an odd part of history.Damien Hirst, an English artist who rose to prominence during the age of the Young British Artists , has recently entered the conversation. Titled, Hirst's project isn't the NFT as we're used to — it's 10,000 of them.

And they're selling for $2,000 each, nonetheless — only adding to the fervor — purchasable with Ether, Bitcoin, USD Coin, Dai, credit and debit cards. Users were quick to comment,"Is it just me being old or are these NFT's the greatest con ever" and"If I actually get the piece in the mail, sign me up. But $2000 for a fucking jpeg isn't the one."

Their concerns illustrate tensions surrounding NFTs, which are also questions Hirst himself is attempting to grapple with. The conflation of digital ownership with physical ownership — something which has become all the more relevant in recent years — becomes the focal point ofAfter two months, owners of the NFTs have to decide between the NFT or the physical artwork — keeping both isn't an option.

Hirst provides no clear answers . Instead, he prompts us to delve a bit deeper into the technological cacophony we're living i and to see if we can stay afloat.

Wir haben diese Nachrichten zusammengefasst, damit Sie sie schnell lesen können. Wenn Sie sich für die Nachrichten interessieren, können Sie den vollständigen Text hier lesen. Weiterlesen:

 /  🏆 409. in DE
 

Vielen Dank für Ihren Kommentar.Ihr Kommentar wird nach Prüfung veröffentlicht.

Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen

Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.

Robinhood is seeking a market valuation as high as $35 billion in upcoming IPORobinhood is seeking a market valuation of as much as $35 billion in its upcoming initial public offering, according to an amended SEC filing. 😳😳😳 shady af. that’s a “don’t buy” as cramer would say. Looks like they should seek out a company barber who won’t make them all look like Steve Perry telling me to don’t stop believin’.
Herkunft: CNBC - 🏆 12. / 72 Weiterlesen »