The French government plans to auction the cryptocurrency it seized from alleged hackers of London-based cryptocurrency platform GateHub. The French Agency for the Management and Recovery of Seized and Confiscated Assets (AGRASC) said that it would auction 611 bitcoins, which amounts to over $34.8 million at the current price. Paris-based […]
Beeple’s The First 5000 Days has sold for an astounding $69 Million. The auction price was paid by approximately 42K ETH. We will continue to update this post as we learn more. The hypothetical crash that we speculated about is most likely NOT HERE! We will update that article: What is […]
UPDATE 3/30/21 : Takashi Murakami has published his first NFTs read about it here. *Please note, this article is purely hopeful speculation that one of our favorite artists enters the NFT realm. As the NFT space continues to explode into the mainstream, we thought it would be an interesting idea […]
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Crypto Art is a new and emerging art form. It uses cutting edge technology to create a visually stunning piece of art. Crypto Art is the perfect blend of art, technology, and cryptocurrency. Blockchain has taken the tech world by storm and is being used for a variety of purposes. In the art world, it’s being used to register artwork with a unique ID that cannot be changed. Artist and art collectors make their work available to the public and have it authenticated by third parties. The blockchain can support this process in a way that is cheaper, faster, and more secure than current methods.
The latest trends allow artists to control their output and make sure they have a piece of the pie in perpituity.
Crypto Art is the art world’s new frontier, and it’s here to stay. Crypto Art is art that has been created or collected through cryptocurrencies. You can purchase crypto art with Bitcoin, Ethereum, Litecoin and other digital currencies. Blockchain, the technology that supports cryptocurrencies like bitcoin, is becoming more and more popular. It’s a ledger of all transactions done on its network that can be seen by anyone in the world. The blockchain is a digital ledger of all Bitcoin transactions that is distributed across a peer-to-peer network.