in

NFT REVIEW NEWS Own Andy Warhol Art Through Fragmented NFTs



The work of visual art pioneer Andy Warhol is being fragmented into 961 NFTs. The piece in question is called ‘Portraits of the Artist 1.7,’ which is a compilation of 10 multi-coloured polyurethane cube-style portrait prints that have been compiled together horizontally.

In purchasing a Portraits of the Artist 1.7 NFT, owners will become the recipients of an 1/961 NFT version of the physical piece. Authenticity in ownership is paramount, which is why each NFT will be accompanied by signed release rights from Mexican art collectors Cubic, who are the current owners and sellers of the physical piece. 

Each of the fragmented 961NFTs cost around $55 to mint, meaning if all pieces are sold, around $53,000 in revenue will be generated. 

The project is an example of how blockchain tech is democratising the joys of owning physical masterpieces. This is something Cubic alluded to when announcing the project, as a company spokesperson had this to say: “Collecting art is no longer a privilege of the select few. Blockchain has shaped the course of art history and its market. By joining Cubic, you become part of a community that will allow the decentralization of traditional practices of art”.

A release date for the project is still TBA, however you cans sign up to the whitelist here.

Want more? Connect with NFT Plazas

Join the Weekly Newsletter
Join our Discord
Follow us on Twitter
Like us on Facebook
Follow us on Instagram

*All investment/financial opinions expressed by NFT Plazas are from the personal research and experience of our site moderators and are intended as educational material only. Individuals are required to fully research any product prior to making any kind of investment.





Source link

If this article, video or photo intrigues any copyright, please indicate it to the author’s email or in the comment box.

What do you think?

26 NFT Points
Upvote Downvote

Written by NFT REVIEW MARKET

I am the curator of the NFT Review Market News. If the document or content infringes any copyright, please point it out in comments and it will be promptly removed. To all the articles we include the link of the Resource that appears as Source Link If this article, video or photo intrigues any copyright, please indicate it to the author's email or in the comment box.

Comments

Leave a Reply

Your email address will not be published.

NFT REVIEW NEWS WWE’s NFT Platform Moonsault Launches Hell in a Cell Collection

Crypto Alerts Noticias Criptomonedas El paso de Web2 a Web3 y la conversión de audiencia/fans en criptofans