Art, or more precisely pop art, owes a lot to Andy Warhol, this polymorphic artist who was both adored and contested by the public during his lifetime. We cannot forget that one of his works was part of the Moon museum, a secret plaque on board the Apollo 12 during its flight to the moon in 1969. At the end of the year 2021, the American artist strikes again: his works are sold in the form of non-fungible tokens.
Warhol would have validated the NFTs
To better understand the person of Andy Warhol, you will certainly benefit from carefully browsing his works and also his books. We will cite among them My philosophy from A to B and vice versa, Popism: the 60s of Andy Warhol Where Holy Terror – Andy Warhol Confidential (biography signed Bob Colacello).
This will allow you to understand the personality of this sensitive and instinctive man who did not hesitate to record all kinds of gossips on his cassette tape recorder. The same methodology will also bring you into the abyss of this son of Slovak immigrants with a degree in Fine Arts.
The launch of “The Factory” in 1964 certainly marked the history of Andy Warhol, born Andrew Warhola. It is in this workshop-studio that he was able to create most of his works, to name only the some 800 portraits of individuals of all kinds, including those of Willy Brandt, Nixon, Farah Diba or even Diana. Ross.
In the 1970s, the artist billed for a large-format portrait at around $ 25,000. Note, however, that his customers did not have the luxury of owning a unique work of art after delivery since Andy was used to making several copies for each production.
In short, if the pop art pope still lived in our time, the idea of monetizing his works with blockchain technology would have been 100% validated.
Tokenization post mortem works of Andy Warhol
It was Rudolf Budja who had the brilliant idea to sell certain works of Andy Warhol in the form of NFT. Art lovers will certainly recognize in this offer the silkscreen printing of Campbells Soup on a t-shirt dating from 1982 (price 125,000 USD), the t-shirt “ArtFrom 1980 (price 95,000 USD) and the silkscreen print of a Volkswagen Beetle affixed to a canvas from 1977 (price 600,000 USD).
Basically, the Austrian gallery owner is driven by a pure spirit of tokenization of genuine Warhol arts.
However, Budja wanted to clarify that an NFT does not represent a complete appropriation of the work thus put on sale. Indeed, the latter will remain the majority shareholder for each part by retaining 51% of participation.
In case the idea of getting a token from the t-shirt “Art»Tempts you, in order to have the right to post it online (on Twitter or Instagram, for example), you should visit the Budja.io site. Token sales being launched on December 4th. Other NFTs are also available to amateurs at Art Basel Miami Beach, the gallery owner said.
Sources: Barrons.com; Lexpress.fr; Slate.fr
Mikaia Andriamahazoarimanana
The blockchain and crypto revolution is underway! And the day when the impacts will be felt on the most vulnerable economy in this world, against all hope, I will say that I was there for something
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