NFT: Crypto collectibles’ non-existent thrills: NFTs are taking off


That the highest bid for Jack Dorsey’s first-ever tweet — that went out on March 21, 2006 — and was offered by him recently already hit $2.5 million in bids in less than a day shows that crypto-collectibles are really taking off.

Not many would have predicted that buying things that exist only on computers with no tangible presence now offer the same satisfaction as buying a long-lost Leonardo da Vinci painting or the Pink Star diamond.

Oligarchs have not dumped their super yachts yet for non-fungible tokens (NFTs), the means by which non-existent (in the purely physical sense) items are sold, rather like bitcoins. But as people spend more time on screens now, the accumulation such virtual goodies offer are more attractive than ever.

There is even an increased variety of collectibles for a more technologically savvy clientele from ‘historic’ social media posts and segments of videos to totally virtual art works and real estate.

The key is that NFTs ensure ownership of the ‘original’ version of virtual content even though they may be shared online countless times.

While that may not suit the kind of collectors who buy up Picassos only to put them away from public gaze, whoever snaps up Dorsey’s ‘just setting up my twttr’ post will presumably feel a thrill of ownership every time he or she sees it being mentioned or shared online.

From Rare Pokemon Cards To Empty Frames, Bizarre Pieces Of Artwork That Were Sold For Milli…

Banana + Duct Tape = Magic!

An artwork called ‘Comedian’ created by an Italian artist Maurizio Cattelan, which was recently sold for a whopping $121,000 (approximately Rs. 86.07 lakhs), has become the talk of the town.

The artwork, to everyone’s surprise, was a mere banana held against the wall using a duct tape. The rather puzzling piece of art being sold for such a massive amount, left the netizens scratching their heads in amazement. Things took a rather dramatic turn when performance artist David Datuna ended up taking the banana off the wall and eating it while the artwork was on display at an international gallery, Perrotin, at Art Basel in Miami.

However, the banana-duct tape ensemble is not the only bizarre piece of artwork that has made a massive amount of money. Several ridiculous and weird pieces of artwork have been sold for millions of dollars in the last decade. Here are some of them.




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