Change doesn't come fast, or often, to institutions like Christies, a British auction house founded in 1766 predating American independence. But it has come all at once to Christie's, which is accepting cryptocurrency for the first time for its first purely digital artwork.<\/p>\n
Christies has never offered a new media artwork of this scale or importance before, Noah Davis, specialist in Post-War & Contemporary Art at Christies in New York, said in a release. Acquiring Beeples work is a unique opportunity to own an entry in the blockchain itself created by one of the worlds leading digital artists.<\/p>\n
READ MORE LIKE THIS FROM CHANGING AMERICA<\/p>\n
SURPRISING DISCOVERIES IN NEW 10B PIXEL PHOTO OF VERMEERS FAMOUS GIRL WITH A PEARL EARRING<\/p>\n
AMERICAS FIRST YOUTH POET LAUREATE DELIVERS POWERFUL INAUGURATION MESSAGE<\/p>\n
TAMPON ROCK IS THE UNAPOLOGETICALLY BLACK, QUEER AND SEX-POSITIVE PODCAST ITS CREATORS WERE WAITING FOR<\/p>\n
BEYONCE GIVES FAMILIES FACING EVICTION $5,000 EACH<\/p>\n
The auction house is accepting payment in the cryptocurrency Ether, hosted on the open-source blockchain Ethereum, via a digital wallet transfer although not for the buyer's premium (the fee you pay for winning the bid, in addition to the bid).<\/p>\n
I almost look at it now like Im a political cartoonist, Mike Winkelmann, known online as Beeple, said about the work, which is a compilation of digital pieces one created each day for 5,000 days. Except instead of doing sketches, Im using the most advanced 3D tools to make comments on current events, almost in real-time.<\/p>\n
Beeple, who has created digital artwork for everyone from Ariana Grande to deadmau5, has 1.8 million followers on Instagram, where he posted the first installation in the series on May 1, 2007, a picture of his Uncle Jim, nicknamed Uber Jay.<\/p>\n
America is changing faster than ever! Add Changing America to your Facebook or Twitter feed to stay on top of the news.<\/p>\n
\"I probably would have spent more time on this, had I known it would eventually be part of a piece auctioned by Christies,\" he told the auction house.<\/p>\n
There's another from the morning his first child was born, a bad bout of food poisoning and even one inspired by the fly that landed on former vice president Mike Pence's head during a debate last year.<\/p>\n
The winning bidder won't be taking it home with them, at least not in the traditional way. The digital work will be sent using blockchain technology, which will use a non-fungible token encrypted with the artists unforgeable signature a unique identifier for the original. The starting bid is at $100, but if you don't have the cryptocurrency to afford the work, you can still see it online, with the rest of the plebeians.<\/p>\n
READ MORE LIKE THIS FROM CHANGING AMERICA<\/p>\n
BOOKS ON RACE AND DISCRIMINATION IN AMERICA BECOME BESTSELLERS<\/p>\n
MICHELLE OBAMA OPENS UP LIKE NEVER BEFORE IN NEW NETFLIX DOCUMENTARY<\/p>\n
WASHINGTON NFL FOOTBALL TEAM TO CHANGE CONTROVERSIAL NAME, LOGO<\/p>\n
HOW ONE PHILADELPHIA SPORTS TEAM IS HONORING BLACK LIVES TAKEN BY POLICE<\/p>\n<\/p>\n
<\/p>\n
Follow this link: Change doesn't come fast, or often, to institutions like Christies, a British auction house founded in 1766 predating American independence. But it has come all at once to Christie's, which is accepting cryptocurrency for the first time for its first purely digital artwork. Christies has never offered a new media artwork of this scale or importance before, Noah Davis, specialist in Post-War & Contemporary Art at Christies in New York, said in a release. Continue reading
\nChristie's becomes first major auction house to sell cryptocurrency-based artwork | TheHill - The Hill<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"