The sale of an NFT based on Michelangelo’s famous paintingmade €240,000—but the Italian museum only pocketed €70,000 of that. The rest went to the Milan-based company Cinello, which minted the painting, and to the production of the digital art work. The revelation adds to ongoing debate in Italy over who owns and profits off of art in the metaverse era.
Although Ripley’s Believe It or Not, which loaned Kardashian the gown, denied any damage had been done, new side-by-side photos, allegedly from before and after the Met Gala, show signs of stretched fabric and missing crystals. After being hit hard by the pandemic, MCH Group, Art Basel’s parent company, is getting renewed investment. Its two anchor shareholders—the canton of Basel-Stadt and Lupa Systems —have agreed to invest between CHF 27 million and CHF 34 million each.
Damn! She wears that well!
Nauseas.
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